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Keep calm and carry on....
Comments
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Afraid I agree with savingholmes, SC. Patience is needed!Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway5 -
Thanks Vix, however....*cough*
I've done it! Not at a 4% fee, have applied and been accepted for another card this morning. £9760 requested to money transfer, with a 2.99% fee. I'll probably just pay the 10% fee-free allowance off the mortgage for the moment (c£2800) and sit on the rest for now as a mega-EF. I'm viewing the charge as "buying" the EF (the fee is also interest-free, so no need to pay it off straight away as I had thought) and I consider it a good trade-off for the peace of mind that having the money in the bank to pay my bills (including the credit card!) for a LONG time will bring. It's 0% interest for 24 months
*slinks away now, before you all shout at me 😀*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!!!6 -
Oh SC, you little tinker! 😂I've been mortgage free once, so let's do it again!
Starting balance March 26 £191,274.534 -
Lol at you! I'm the same though, sensible can be boring, especially during these times! Though me being unsensible is sending an extra £1 to the mortgage!DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)5 -
Nothing ventured....😂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!!!4 -
HI SC - Not on paper the wisest decision but I get the temptation. We are considering doing our own version which is to pay up the CC due to be repaid by July - but then save what we would have paid off the others. That would give us a great EF if we ended up needing it but at no extra cost.Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £166.7K Equity 38.23% 12/7/26
2) £1.8K Net savings after CCs 31/7/26 (but owed £400) so £2.2K
3) 44.5/82K = 54.26% AVC Goal by mid 20283 -
😀😀😀 £700 OP made 😀😀😀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!!!6 -
why not add some spice to your life, with your past financial history you'll be fine
Mortgage restart June 2018 £119950Re mortgage August 19 £110470, … Mortgage November 22 £85600 final 0% CC 3300Home renovations - £65000, mid 2018 - mid 20224 -
Thanks MFD's 😀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!!!4 -
Great OP, SC I've been mortgage free once, so let's do it again!
Starting balance March 26 £191,274.532
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