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

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Comments

  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    elantan said:
    skint_spice said:
    Pay day and £200 to car loan before pausing for breath! 
    very well done ... and a clothes fund ? 
    Yes, savings accounts all topped up with appropriate amounts.
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Further confession of two dresses at the supermarket this evening 😂 £21 for the two and they will be great for work in the winter.
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


  • Buffythedebtslayer
    Buffythedebtslayer Posts: 18,943 Forumite
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    How do people find good clothes in a supermarket, one RL friend does it, you do it and Sun addict does it. I on the other hand find stuff a blind 90 year old wouldn't be seen dead in.... 
    Nevertheless she persisted.
  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Buffythedebtslayer said:
    How do people find good clothes in a supermarket, one RL friend does it, you do it and Sun addict does it. I on the other hand find stuff a blind 90 year old wouldn't be seen dead in.... 
    They aren’t particularly exciting Buffy just jumper dresses 😂but will do fine with a denim jacket and some scarves or jewellery. 
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


  • Buffythedebtslayer
    Buffythedebtslayer Posts: 18,943 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    skint_spice said:
    Buffythedebtslayer said:
    How do people find good clothes in a supermarket, one RL friend does it, you do it and Sun addict does it. I on the other hand find stuff a blind 90 year old wouldn't be seen dead in.... 
    They aren’t particularly exciting Buffy just jumper dresses 😂but will do fine with a denim jacket and some scarves or jewellery. 
    ah also can't accessorise for !!!!!!. It all gets on my nerves - scarves I leave everywhere! 
    Nevertheless she persisted.
  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Car loan payment out today so signature updated - looking better already!
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    That is looking good ... after an exhausting weekend 🤣🤣🤣🤣 I'm.back on it 
  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    elantan said:
    That is looking good ... after an exhausting weekend 🤣🤣🤣🤣 I'm.back on it 
    😂😂😂

    Not much happening over here, more overtime tomorrow, no spending 😇
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


  • savingholmes
    savingholmes Posts: 29,200 Forumite
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    You are doing well at knocking down the car loan. 

    Have fun along the way.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
    2) £2.1K Net savings after CCs 14/5/26 (but owed £1.3K) so £3.4K
    3) Mortgage neutral by 06/30 (AVC £41.6K + Lump Sums DB £4.6K + (25% of SIPP 1.4K) = 47.6K of £127.5K target 37.33% 16/5/26 (If took bigger lump sum = 69.5K or 54.5%)
    4) FI Age 60 income target min £17.1/30K 57% (may need more) If bigger lump sum £15.8/30K 52.67%
    5) SIPP £5.6K updated 16/5/26
  • skint_spice
    skint_spice Posts: 13,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    savingholmes said:
    You are doing well at knocking down the car loan. 

    Have fun along the way.
    I had a couple of hours spare today as person wasn’t available (but I still get paid) so I took myself out for a long walk - 4.5 miles along the beach, fab day for it!
    Mortgage OP 2026 £860/2000
    Mortgage balance: £31,763

    Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May £20


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