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The Case of the Overwhelming Mortgage

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Comments

  • SandyShores
    SandyShores Posts: 2,140
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Forumite

    Yes definitely, it's a real shock to the system. And you're so busy preparing for them to leave home you don't have time to prepare for you.

    "Think of many things, do one"
    DFW 2019: MFW aim 2031: bal Sep26 £159k / £310k 2020
    Seven Goals; and healthy diet/walk/run/exercising/weights/yoga
  • AgathaSquirrel
    AgathaSquirrel Posts: 437
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    Forumite
    edited 3 October at 4:30PM

    Mortgage down to £32000. 2 years 10 months to go, all being well.

    Been an expensive, busy month. October looking to be similar.

    Long awaited day off today. Pottering around the house. My favourite thing to do.

    Still dreaming of dropping hours but not feasible yet.

    Eldest settling in Uni. Not planning a visit home this weekend which is a good thing. Youngest has had some work experience this weekend. Think she’s enjoyed it. Hopefully a bit closer on planning options for the future.

    2017 - mortgage of £140,000 and interest rate of £10 a day
    Feb 2021 £103000
    November 2021 £93000
    December 2022 £79000
    December 2023 £73000
    March 2024 £70000
    May 2024 £68000
    October 2024 £65000
    February 2025 £63000
    March 2025 £45000, interest of £6.07 per day
    November 2025 £41000, interest of £5.62 per day
    March 2026 £38000, interest of £5.22 per day
    July 2026 mortgage of £34,000 and interest of £4.97 per day
  • AgathaSquirrel
    AgathaSquirrel Posts: 437
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    Forumite

    Overpayment made. All being well 2 years 9 months to go.

    2017 - mortgage of £140,000 and interest rate of £10 a day
    Feb 2021 £103000
    November 2021 £93000
    December 2022 £79000
    December 2023 £73000
    March 2024 £70000
    May 2024 £68000
    October 2024 £65000
    February 2025 £63000
    March 2025 £45000, interest of £6.07 per day
    November 2025 £41000, interest of £5.62 per day
    March 2026 £38000, interest of £5.22 per day
    July 2026 mortgage of £34,000 and interest of £4.97 per day
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