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MF by 40!
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Woo hoo! Congrats. That sounds wonderful.Mortgage start date Dec 2015 - $64,655.00
Mortgage end date Dec 2045 - NOT!!!!
Mortgage balance - $4600.00
Business Savings $43,310/100k
Hope to be mortgage-free by end of 20232 -
Wow! Time flies and the last couple of months have definitely been a blur!
First things first hope you’re all keeping safe and well!
After what felt like a lifetime the mortgage offer finally arrived on Friday! My advisor has been great and wisely advised me to instruct the solicitors to commence legal work without the mortgage offer (at my own risk obviously!) so as far as I know I’m only waiting for the last few searches to come back!
If all goes to plan could be in a new home in time to say good riddance to this awful year.
Staring down the barrel of £127,999 debt; whilst it is not the largest on here by any stretch it is daunting for me- ah well, I cleared £25k in 4 years before I can do it again!
Goal 1: Mortgage under £80k by the end of 5 year fixed rate!
xCleared 25k from mortgage in 4 years - now I need to do it again!
Dec 2020 Balance: £127,000
Dec 2021: Balance £121,5002 -
Wow, what a difference a month makes! Completed yesterday on the bungalow and moved in just in time for Xmas!
Never moving again- too stressful 😂😂
Particularly when working remotely on the day!!
Hope you’re all keeping well I will be here a lot more frequently from now on!
xCleared 25k from mortgage in 4 years - now I need to do it again!
Dec 2020 Balance: £127,000
Dec 2021: Balance £121,5002 -
Wow, that was quick work! Congratulations on your new forever home 🍾🎂🥳!!!Mortgage start: £65,495 (March 2016)
Cleared 🧚♀️🧚♀️🧚♀️!!! In 5 years, 1 month and 29 days
Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed
Finally earning interest instead of paying it!!!1 -
Congratulations 🥳Mortgage started August 2020 £69,700
Mortgage ends Aug 2050 MFW: Aug 2027
Current Balance: £58,678
MFW2020 #156 £723.13
MFW2021 #26 £1184.71
MFW2022 #11 £197.87
MFW2023 £785
MFW 2024 £528.15Determined to make it!1 -
Congratulations! Hope you'll be very happy there.Emergency Fund - £8572.39 / £10,000 :: Mortgage OP 2025 - £LISA 24/25 - £3200 / £4000 :: NSD 2025 - 2 / 150 :: Books Read: 1 / 52 :: Decluttering - 4 / 1000Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 20171
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Lovely news
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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.1 -
Thank you all so much!
I’m so pleased with the house, it’s in a lovely quiet street, round the corner from my parents and drumroll....FREEHOLD!
Need to update my signature- made £6k from the sale which I will keep as my EF (6 months expenses). First priority is some access adjustments- a workmen’s coming tomorrow to have a look, anticipating this will be £2k but we will see!
After that hoping to OP £300 pcm !
40 is not really achievable for MF now, OP calculations says 48, so the goal is 45!
Current bal Dec 2020: £127,999Cleared 25k from mortgage in 4 years - now I need to do it again!
Dec 2020 Balance: £127,000
Dec 2021: Balance £121,5001 -
Great news!1
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Oh Lord back to T4 we go!Demotivated but plodding onCleared 25k from mortgage in 4 years - now I need to do it again!
Dec 2020 Balance: £127,000
Dec 2021: Balance £121,5000
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