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Dipping my orange toes into the water..
Comments
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Well done - that's a huge amount to pay off. Love the adjustment OP too.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 29/7/251 -
Thanks @LadyWithAPlan and @savingholmes
Yes, the end of our fix is next year, so we are trying to get as much done as we can!!
My masters is in Educational Leadership. I'm currently on a school trip to France, trying to read some journal articles!
Beautiful place to do it at least!
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Gorgeous photo/scenery. Enjoy.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 29/7/251 -
Back in the UK, overpayment by DH and a Tilly tidy from me means....we are in the 250s!!!!!
Current total -
£259,999.99 😃
Had a meeting with my MEd supervisor and I'm excited to start writing essay number 1 during half term.
Been a bit spendy lately, so half term will need to be a frugal one. Two weeks off though which will be bliss!1 -
Mortgage progressing well. Good luck with your studies.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 29/7/250 -
Thanks @savingholmes feels some food progress. Think it may be near the amount we originally borrowed for our first house. Must dig out the statements in half term.
So nice to see the sun today. Three days until half term. Whoop whoop.1 -
Good progress...not food progress!!1
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Ah the excitement of the first of the month!!
Mortgage payment made and £300 OP too.
Total at start of year: £289,999.99
Current total: £257,749.99
Total reduction this year: £32,250
Only one more payment until Christmas! We have met our goal for the year re: mortgage which was to get to 259k. So by new year going to make sure we just dip under the 255s. Then just need to chuck as much at it as possible before the new rate next year..sigh!
1,500 words of the essay done hurrah.
OH wants an electric blanket for his birthday. Very mse of him!
So far we e kept the heating off, the cost had gone up by £60 a month, but with the current help that is negated.
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Sounds like you are on a roll. Well done on the essay. LOL at husband being so MSE. Well done on the energy savings. I think a lot of us are praying for an easy winter!!Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £172.5K Equity 36.11%
2) £1.6K Net savings after CCs 14/8/25
3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
(If took bigger lump sum = 53.3K or 41.8%)
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 29/7/250 -
Thanks @savingholmes yes it did make me laugh that that was his one present request!! Two spin sessions done this week. Today I turned up...and realised I was an hour early. Doh. Couldn't wait as has people coming over and has is a tip!
Never mind. Will do park run on Saturday, which will be my 16th. Going to treat myself to a 25 t-shirt when I have done my 25th.1
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