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Ninety months to pay off mortgage - or as near as dammit!
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Some people indeed do never get it sadly.I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
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.1 -
So my income for august was way higher than expected so did I spend on something nice? No, I paid £1000 off my CC, so now two more months and that will be gone and I can hit the car loan.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)5 -
So Very proud of you, wont be long till it's doneskint_spice said:So my income for august was way higher than expected so did I spend on something nice? No, I paid £1000 off my CC, so now two more months and that will be gone and I can hit the car loan.2 -
Thank you! Nice to see the return of those sunflowers 🌻elantan said:
So Very proud of you, wont be long till it's doneskint_spice said:So my income for august was way higher than expected so did I spend on something nice? No, I paid £1000 off my CC, so now two more months and that will be gone and I can hit the car loan.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 -
Aye it's nice to be back, not sure what went wrong.... but hey ho I'm here now :-)
we will need to organise going to see the real things :-)2 -
What a star
I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
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 -
Fab result. It will be worth it to see the back of the debt.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 -
Quite a quiet weekend as I was on nightshift saturday night so a bit of a run saturday then a walk and a coffee with a friend yesterday afternoon after which I went home exhausted! She is only here for a few days though so didn't want to miss seeing her.
Was doing well not spending then I ordered a pizza last night... it was very, very good though - crispy base and healthy topping so not too unhealthy either.
Today I will be tidying up and washing and ironing, might run later once it's cooler. I need to go buy a diary as my free app is struggling to cope with my strange shifts.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 -
there should be some back to uni diaries out just now, the ones I got gave you 18 months at a time which made life a tad easier,
Will need to compare crazy shifts with you so we can meet up, mines have been a tad crazy as well.2 -
I was thinking that too about the academic year El, shall nip to the shops in a bit and have a look...after a wee coffee...
Yes to meeting up, maybe go see some sunflowers?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
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