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  • Thanks Southcoast! Your bio is amazing. How is the FIRE going? That's next on my list!!
  • South_coast
    South_coast Posts: 4,889 Forumite
    First Anniversary First Post Name Dropper Photogenic
    Thank you! FIRE is smouldering at the moment, keep spending too much money on fun things instead 😅!
    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!!!
  • Thats inspiring progress! Thanks for sharing! Good luck with this last push.
  • powerspowers
    powerspowers Posts: 1,109 Forumite
    First Anniversary First Post Name Dropper
    Brilliant news!! 
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £1,075 /£3,600


  • Thank you! FIRE is smouldering at the moment, keep spending too much money on fun things instead 😅!
    Fun is allowed too lol!
  • Thats inspiring progress! Thanks for sharing! Good luck with this last push.
    Thanks Starlight, just goes to show what you can do if you concentrate effort on it :-)
  • Thanks for popping into my diary. Will catch up on yours now!
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Mortgage free today!! Still in shock 

    a. The date you decided to become a MFW


    September 2019 when I realised how much interest I could save - initially planned to pay in off in 15 years


    b. Mortgage Debt at its highest


    £147k when I took it out, was at £122k when I decided to pay it off early in Sept 2020


    c. Mortgage-Free Date


    2nd October 2023 🥂🥰🎊


    d. Your one pearl of wisdom.


    Overpay and offset! I paid the full 10% OP allowed and two years ago moved to an offset mortgage which has really turbocharged it. I also took up stoozing and put all that in the offset account. I haven't been frivolous and really saved hard during COVID.


    e. The MSE Mortgage guides and others that helped you


    Everyone! Just knowing other people were trying to do the same thing, and reading about the journeys helped keep me going.


    f. And if you had a mortgage freedom diary on MFW, a link to it.


    This was my main MFW diary https://forums.moneysavingexpert.com/discussion/6163551/new-mfwb/p1

  • Well done you. It’s such an awesome feeling isn’t it. Still hasn’t quite sunk in for me. So what’s next?
    DFW (08/08) £64,346.53 Gone (02/19)
    MFW (08/08) £118k Gone (09/23)
  • Well done you. It’s such an awesome feeling isn’t it. Still hasn’t quite sunk in for me. So what’s next?
    Amazing feeling! Don't think I'll ever forget the words "congratulations you are now mortgage free" on the phone this morning. I think next will probably be a reduction in hours if I can to spend more time with my now retired OH.
    How about for you?
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