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Ninety months to pay off mortgage - or as near as dammit!

edited 23 May 2021 at 6:55PM in Mortgage-free wannabe
731 replies 28.2K views
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  • skint_spiceskint_spice Forumite
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    Well I went to get car fixed and they said it was fine no need to rush but just back from holiday and now needing something else fixed - cars are such a joy! Estimated at £300.

    So the theme of this month is no unnecessary spending...one overtime shift booked and might add a second.


    Original Mortgage End Date: Apr 36/Aiming for Sep 28/Current April 36

    Car loan £6329/10000 CC £3080 Emergency fund target 13% achieved 
  • beanieloubeanielou Forumite, Ambassador
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    Oh deep joy~~not  :(
    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 [email protected] All views are my own & not the official line of Money Saving Expert.Lou~ Debt free Wanabe No 55 DF 03/03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free February 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.It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***Weight loss. ** 2 stone 2 lbs.
  • skint_spiceskint_spice Forumite
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    Extra overtime shift added Beanie and it's happened at the beginning of the month so I will be able to cut back for the whole month.
    Original Mortgage End Date: Apr 36/Aiming for Sep 28/Current April 36

    Car loan £6329/10000 CC £3080 Emergency fund target 13% achieved 
  • killerpeatykillerpeaty Forumite
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    Sorry to hear about the car, cars like to derail all monetary plans!

    How is the selling your old treasures going?
  • skint_spiceskint_spice Forumite
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    killerpeaty said:
    Sorry to hear about the car, cars like to derail all monetary plans!

    How is the selling your old treasures going?
    Thanks KP, not terribly well to be honest, I need to ramp that up this month.
    Original Mortgage End Date: Apr 36/Aiming for Sep 28/Current April 36

    Car loan £6329/10000 CC £3080 Emergency fund target 13% achieved 
  • skint_spiceskint_spice Forumite
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    Another month, another mortgage payment... and overpayment so I have moved back into 2035 at last. Still not sold much but have made some changes to work life balance which hopefully will mean I will have freed up some spare time for me which can be used either to take on extra work and make extra money or sell and declutter my stuff.  Feeling positive at the minute :smile:
    Original Mortgage End Date: Apr 36/Aiming for Sep 28/Current April 36

    Car loan £6329/10000 CC £3080 Emergency fund target 13% achieved 
  • beanieloubeanielou Forumite, Ambassador
    84.5K Posts
    Part of the Furniture 10,000 Posts Mortgage-free Glee! Name Dropper
    Ambassador
    Great to hear from you  :grin:
    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 [email protected] All views are my own & not the official line of Money Saving Expert.Lou~ Debt free Wanabe No 55 DF 03/03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free February 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.It starts with you, it starts from now. *** It is ok to be me.*** ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***Weight loss. ** 2 stone 2 lbs.
  • savingholmessavingholmes Forumite
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    Just caught up on your diary. Wishing you good luck on your journey. Well done for knocking so much time off your mortgage already. 
    Target 1) Prioritise health & social connection 2) Write regularly 51,745/70,000 words Book 2 and 10,787/70,000 Priestess book, 44,000/95000 Memoir Prep 3) Get to £10K EF/Savings Now £6,291 4) MFW starting at £201,999 Nov 21 with 264 245 payments to go. Now £189,678 5) Mortgage neutral progress via pension £3,687 invested since Nov 21 6) Declutter 7) Invest in fun and frolics - and not just future self! 8) CC Debt free April 22 (now stay that way!!)
  • skint_spiceskint_spice Forumite
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    Thank you both for popping by, I am trying to get into the habit of using mse more again, so hope to catch up with everyone soon.  This afternoon I have been playing around with the overpayment calculator sussing out how early I could feasibly pay my mortgage off.  I need to remember to leave enough spare cash to enjoy life though...
    Original Mortgage End Date: Apr 36/Aiming for Sep 28/Current April 36

    Car loan £6329/10000 CC £3080 Emergency fund target 13% achieved 
  • savingholmessavingholmes Forumite
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    It's a balance isn't it. Not everything costs £ though. I for one have learned to appreciate my local park far more this last couple of years. In the past I ignored it and always travelled to NT places instead...

    I am giving myself permission to spend on art stuff. What makes your heart sing? Stolen this phrase from @EssexHebridean
    Target 1) Prioritise health & social connection 2) Write regularly 51,745/70,000 words Book 2 and 10,787/70,000 Priestess book, 44,000/95000 Memoir Prep 3) Get to £10K EF/Savings Now £6,291 4) MFW starting at £201,999 Nov 21 with 264 245 payments to go. Now £189,678 5) Mortgage neutral progress via pension £3,687 invested since Nov 21 6) Declutter 7) Invest in fun and frolics - and not just future self! 8) CC Debt free April 22 (now stay that way!!)
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