Impossible to reality

frustrated12

I always thought growing up that I would never own my own home, was just too far out of reach.

But just this week, we have moved into our own home. What I thought was impossible has just become our reality. :j

I am over the moon with what we have achieved in just a few short years but also very eager to start paying off the mortgage. It currently stands at £223,406 on a 35 year term :eek:

We are in the fortunate position that we both have fairly well paid jobs with relatively low outgoings, however this is likely to change in the not to distance future with the propect of adoption on the horizon, even more motivation to overpay where ever we can.

First mortgage payment is due on the 1st September, being nearly £1,000. From October the normal payment will be £839, so hoping to overpay every month by £180. This will mean we will be MF 9 years and 3 months earlier.
Hoping to OP more by any funds left over at the end of the month, using cashback sites & Prolific.

LeighofMar

Welcome and congrats on the house dream becoming a reality.

frustrated12

Just made my first OP!
Wanted to check that I could send payments and sent a whole £5 to the mortgage, not much but definitely a start!

BachSoon

Congratulations on your first OP and happy new house!

savingholmes

Well done on the new house and getting started with overpayments. 35 years is scary - it will be great if you can knock of 10 years and then some. I'm sure over paying will become addictive if you set the habit early.

beanielou

Happy shiny new diary