Never a good time but here goes..

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Having lurked on and off for a while, it was about time to commit. I’m 38 and about 7 months pregnant so instead of traditional nesting in the form of cleaning, I seem to have resorted to financial nesting instead.
My mortgage was originally for 25 years - fixed for 4 then reduced by 3 years when I switched to a new deal. I realised at the beginning of the year that my 5 year fixed rate was up so have switched again to another 10 year fix (2.44%). This time I upped payments roughly by £50, paid off £2500 and cut the term to finish in March 2031.
ERC is only for the first 5 years so I’m hoping with a bit of effort to pay it all over before the 10 years are up..
Aside from that, I’ve already switched my utilities so reducing from £88 to £76 (before rate rises) and have signed up for Prolific and Populus.
Aside from that, I’ve already switched my utilities so reducing from £88 to £76 (before rate rises) and have signed up for Prolific and Populus.
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106
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MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106
Selling baby stuff will help, too.
MFW 2022 #27 £5,300
MFW 2023 #27 £485 / £2,023 target
Good luck with your plans x
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!!!
Good luck with your journey to becoming Mortgage Free, @ladysummerisle
Aim to be mortgage-free: 31st December 2025
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106
I sorted through a mountain of baby clothes at the weekend so now I have a charity / sell pile to sort through. The rest are in the drawers ready. Baby girl will be wearing a lot of white and blue 😀 I’ve got to make a decision about bottles etc. Lack of time and procrastination isn’t helping.
MFW diary: https://forums.moneysavingexpert.com/discussion/6254913/never-a-good-time-but-here-goes#latest
Original MF date: October 2036 (£81,500)
Current MF date: December 2029 (I think!)
OP 2021: £8807, EF / maternity fund: £6300
Outstanding August 2021: £44106