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Easter 2025 I’m coming to get you!

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Comments

  • Jessy103
    Jessy103 Posts: 2,440 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Way to go Winston! Any chance I could send you my 3 to sort out, please? 😁

    Fingers crossed for the compensation and help with DS's therapy 🤞
    Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!
  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good luck for the allotment. 

    You are doing well with all your juggling. 
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5K updated 10/10/25
  • Hettyhound
    Hettyhound Posts: 1,099 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Just made an over payment of £130 which brings the mortgage down to £18,199.  Its mortgage DD day tomorrow so it will drop below £18 K.  There should be a bit more OP this month with a bit of survey payments and if the energy company ever get their act together, which they assure me they now have, then the compensation payment they gave me should be moved into my bank account, not my energy account.  I've completed my online training to do the additional work before Christmas like I did last year.  My 7% interest account will mature at the end of the month, its for Christmas really but should there be any change left from it in the new year then I'll send that towards the mortgage too.  Apparently once this one is closed I am eligible to open another and they are still advertising it at 7%.  I'm keeping my fingers crossed I can get another one before the interest rate decision in November which potentially could affect the rate.  If I take it at 7 then it stays at 7 for the 12 month fix.
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £660.03[ SPC 19 ?COLOR="DeepSkyBlue"]MFW #21 Mortgage start Dec 2015 £79,950; Nov 2025 £17,241[/COLOR] 2025 OP £2426.36/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £4689/£21,930 (21.38%)
  • savingholmes
    savingholmes Posts: 29,089 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Well done on the mortgage!! I'd be dancing a jig if my mortgage was that low.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
    5) SIPP £5K updated 10/10/25
  • beanielou
    beanielou Posts: 96,911 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Great mortgage figures. 
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
  • Jessy103
    Jessy103 Posts: 2,440 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Brilliant! x
    Starting Mortgage Balance (June 2019) £72,000. Mortgage Free November 2025!
  • beanielou
    beanielou Posts: 96,911 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    That's great.
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
    ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
    One debt remaining. Home improvement loan.
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