Weโd like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are โ or become โ political in nature may be removed in line with the Forumโs rules. Thank you for your understanding.
๐จ Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Ninety months to pay off mortgage - or as near as dammit!
Comments
-
๐๐๐ I spoke too soon - I looked out of the window and it looked like it was snowing it was so heavy! Unfortunately it was at this point the cat had decided to go out for a wander, poor wee soul!KajiKita said:
Bed remade, ironing done, everywhere cleaned, hoover and mopped, all set to return to work tomorrow ๐ซMortgage OP 2026 ยฃ860/2000Mortgage balance: ยฃ31,763
Make ยฃ50 a month Jan ยฃ20, Feb ยฃ0, March ยฃ31, Apr ยฃ20, May ยฃ202 -
Not too long to go now!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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.3 -
No itโs still too long๐beanielou said:Not too long to go now!Mortgage OP 2026 ยฃ860/2000Mortgage balance: ยฃ31,763
Make ยฃ50 a month Jan ยฃ20, Feb ยฃ0, March ยฃ31, Apr ยฃ20, May ยฃ203 -
It's always hard at the end. You'll be in your new job before you know it.skint_spice said:
No itโs still too long๐beanielou said:Not too long to go now!
Hope the weather settles.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 ยฃ202K now ยฃ167.4K Equity 38% 3/4/26
2) ยฃ2.1K Net savings after CCs 14/5/26 (but owed ยฃ1.3K) so ยฃ3.4K
3) Mortgage neutral by 06/30 (AVC ยฃ41.6K + Lump Sums DB ยฃ4.6K + (25% of SIPP 1.4K) = 47.6K of ยฃ127.5K target 37.33% 16/5/26 (If took bigger lump sum = 69.5K or 54.5%)
4) FI Age 60 income target min ยฃ17.1/30K 57% (may need more) If bigger lump sum ยฃ15.8/30K 52.67%
5) SIPP ยฃ5.6K updated 16/5/261 -
Hope you are surviving the weather.ยI 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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.2 -
We have no storm as yet! But thank you both for your kind thoughts. ย I went to see a film with a friend and took the car as I thought it might have started by the time it finished but itโs still dry and calm here (as opposed to the norm of wet and windy), hope itโs better up your way soon Beanie.Mortgage OP 2026 ยฃ860/2000Mortgage balance: ยฃ31,763
Make ยฃ50 a month Jan ยฃ20, Feb ยฃ0, March ยฃ31, Apr ยฃ20, May ยฃ202 -
The weather does sound severe in places. Hope everyone stays okay.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 ยฃ202K now ยฃ167.4K Equity 38% 3/4/26
2) ยฃ2.1K Net savings after CCs 14/5/26 (but owed ยฃ1.3K) so ยฃ3.4K
3) Mortgage neutral by 06/30 (AVC ยฃ41.6K + Lump Sums DB ยฃ4.6K + (25% of SIPP 1.4K) = 47.6K of ยฃ127.5K target 37.33% 16/5/26 (If took bigger lump sum = 69.5K or 54.5%)
4) FI Age 60 income target min ยฃ17.1/30K 57% (may need more) If bigger lump sum ยฃ15.8/30K 52.67%
5) SIPP ยฃ5.6K updated 16/5/262 -
Cold and frosty here today, I have a late start so hopefully no need to scrape the car. Last week and frankly dreading it but I shall grin and bear it and enjoy time with the lovely residents and staff (not all bad).Mortgage OP 2026 ยฃ860/2000Mortgage balance: ยฃ31,763
Make ยฃ50 a month Jan ยฃ20, Feb ยฃ0, March ยฃ31, Apr ยฃ20, May ยฃ202 -
Prework cuddle sesh!
Mortgage OP 2026 ยฃ860/2000Mortgage balance: ยฃ31,763
Make ยฃ50 a month Jan ยฃ20, Feb ยฃ0, March ยฃ31, Apr ยฃ20, May ยฃ204 -
Hope last week bearable.ยThat wee face ๐ปI 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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.3
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards