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Ninety months to pay off mortgage - or as near as dammit!
Comments
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Now negative KK! I must admit I was surprised but going back to work tomorrow. Working at the weekend so I’m only in two days then I’m off for two.Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
I have decided to give up alcohol at home (not totally as a few drinks every couple of months with friends is worth keeping) but saving my estimated expenditure so put £15 into my fun account today and also moved the all of the account into one that pays better interest as it had been in one of those where you name pots which was useful but interest was rubbish.Did a few surveys and not much else so need to declutter a few items…Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
Good to hear about the negative result 😊 Two days and then two off will work well 😊
I have all my funds in an easy access, reasonable interest rate account and then have all the ‘pots’ on a spreadsheet 😊
KK
As at 15.08.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £232,244
- OPs to mortgage = £12,148 Interest saved £5,738 to date
Fixed rate 3.85% ends October 2030
Read 48 books of target 52 in 2025, as @ 31st August
Produce tracker: £353 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.3 -
I have been using both my current accounts - one for bills and one for spends but now also using two savings accounts attached to one and one savings account attached to the other 😂 one of these savings accounts has terrible interest but it’s only holding the money fun money so never has much in it at the end of the month😂Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
Made it through work and lived to tell the tale, glad I only have tomorrow to get through before I get a break. One bonus is that I have just realised I haven’t spent any money for nearly a week as I have been glued to the sofa, I have used up most of my random freezer items.Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
If you've used up your random freezer items - does that mean that you can plan more what you want in there going forward so that purchases / use is planned and it actually has what you need when you need it. I think that could be a good biproduct from my move... I have the option of planned rather than emergency storage!!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 29/7/252 -
It could do with a defrost SH😂Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)1 -
@KajiKita OH had us all blowdrying our freezers to defrost pre xms ... worked a treatskint_spice said:It could do with a defrost SH😂DON'T BUY STUFF (from Frugalwoods)
No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff. Money doesn’t walk out of your wallet on its own accord.
https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest2 -
Sadly mine was too full at the time😂LadyWithAPlan said:
@KajiKita OH had us all blowdrying our freezers to defrost pre xms ... worked a treatskint_spice said:It could do with a defrost SH😂Mortgage OP 2025 £6750/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £35,463
Declutter 12/244
Money making challenge £58/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
I got a 'professional' out to fix my FF a year or two ago - he took the inner plastic off and then the hairdryer came out to rapid defrost. That then resolved the issue with it not reaching the right temperature. £60 later...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 29/7/253
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