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The Mortgage Free in Three - Take 6 challenge (MFiT-T6)
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Jan, Apr, Jul and Oct.x_raphael_xx said:What months are the updates due?1 -
Thank younorthwalesd said:
Jan, Apr, Jul and Oct.x_raphael_xx said:What months are the updates due?
Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.980 -
Hi all we move house next week, can I amend my mortgage please? 🙈Nurse striving for financial freedom0
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@julicorn
The bf doesn't think our target goal is lofty enough. Can I change my target to £99,999.00 please
Edit: #40Debt Free as of 17/01/2009 Turtle Power!!
EF Challenger #3 £1543.72 / £5000
MFW 2024 #100 £1300.00 / £10,000
MFiT #40 Jan 2025 Target - £99,999.00
Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.981 -
#27 here just sent update form for last quarter balance, making some progress.
Thank you again @julicorn for a job well done!Have a wonderful Christmas everyone and a prosperous new year! 🌺🥳🎉Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓1 -
Happy new year everybody.
I have posted my January update as I need new tires for my car before it’s MOT and I still need to pay my solicitors fees from my divorce so there will be no spare money for a mortgage overpayment later in the month
Total Debt May 21 £20,490.44 DEBT FREE DATE 29/7/22
Mortgage balance May 21 £177,096.19. Now £143,070.41
Mortgage free date. At start of sole mortgage = July 2042
2024 SAVINGS FOCUS - get rid of the car finance. £12,706.25 PAID OFF
2025 Savings Focus - 33.3/33.3/33.3 split; savings for house renovations (bathrooms/garden/kitchen; whichever collapses first), save for a family holiday (probably our last one!) and paydown/offset the mortgage. Total pot = £4238.562 -
I've sent my update through, really pleased with our progress since last year. At the end of Feb we leave the £30ks for goodknow thyselfNid wy'n gofyn bywyd moethus...2
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Just posted my January 2023 update slowly but surly making a dent - not many overpayments this year.. well a lot less than I anticipated and this is largely due to penalty that we would be paying and due to set up of our mortgage however I still feel confident seeing number coming down each month and also interest payment reducing slowly!Thank you @julicorn for organising and managing thisMFiT-T6 #73
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Completed January update ✅
we currently stand at £100,434 - will be slightly higher by 25th due to interest.@julicorn please can I change our target to £85k? We are doing some work on the house and have changed the OP plan. It’s still a bit of a stretch target but not quite as ambitious as first thought!MFW 2021 #76 £5,145
MFW 2022 #27 £5,300
MFW 2023 #27 £2,000
MFW 2024 #27 £6,055
MFW 2025 #27 £2,350 /£5,0003 -
I submitted my form with update. Currently mortgage stands at £53092.93. Which means we are on track to get it down to £17000 by January 2025 and hopefully get rid off it completely by Christmas 2025. What a Christmas present the mortgage freedom will be!We took £83795 mortgage in June 2018Left to pay on mortgage: £51821.20Original end date: June 2037Now: September 2033Target: pay off by December 2025Mortgage Free Wannabe 2022 #90 £13000/£11000Mortgage Free Wannabe 2023 #42 £999/£13000 no overpayments until 20.06.2023 when my overpayment allowance renewsMFi3-T6 #42 January 2022 £70915, to reduce mortgage to £17000 by January 2025Love people and use things because the opposite never works3
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