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!!My time to be mortgage free!!
Comments
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All done.
Totally wierd feeling. The man the phone when I rang to ask how I paid it all up said "congratulations" and I nearly started dancing.
My that hasn't been the most exciting so thank you to everyone who has offered advice and moral support, in particular savingholmes
XxxPart time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe3 -
Well done. I’m almost in same position. Mortgage neutral since Feb. Given our position I’m not quite so brave but well done using your savings. I’m aiming for jan 2024 when I’m 45. What’s your plan now?2
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Good 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.2 -
Fantastic news - so pleased for you. Never doubted you.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.8K Net savings after CCs 13/9/25
3) Mortgage neutral by 06/30 (AVC £26.8K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 32.6/£127.5K target 25.6% 13/9/25
(If took bigger lump sum = 54.5K or 42.7%)
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 £4.8K updated 13/9/251 -
We will get our savings up to about 20k and over pay the pension big style xQtipps44 said:Well done. I’m almost in same position. Mortgage neutral since Feb. Given our position I’m not quite so brave but well done using your savings. I’m aiming for jan 2024 when I’m 45. What’s your plan now?Part time worker.
Plug that SAHM pension gap & Retire in style in 12-15 years. .. maybe1
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