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The Mortgage Free in Three - Take 6 challenge (MFiT-T6)
Comments
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Thanks Julicorn, great to see the green lines. I’m just shy of 60% of the way there, 🤩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 -
x_raphael_xx said:julicorn said:Hello everyone! Thanks so much to everything who has submitted their October update, I really appreciate you keeping up with the challenge (whether you're on target or not of course).
Here is the latest update sheet, let me know if there's anything you'd like me to tweak or fix.
@julicorn I think you missed my update form. Current balance at 4th October £106,253.77
Hi @j@julicorn , Sorry I hate to nag as I know you put so much work into these charts, but I've submitted my Oct update twice and it's not been updated on the chart.
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 -
x_raphael_xx said:x_raphael_xx said:julicorn said:Hello everyone! Thanks so much to everything who has submitted their October update, I really appreciate you keeping up with the challenge (whether you're on target or not of course).
Here is the latest update sheet, let me know if there's anything you'd like me to tweak or fix.
@julicorn I think you missed my update form. Current balance at 4th October £106,253.77
Hi @j@julicorn , Sorry I hate to nag as I know you put so much work into these charts, but I've submitted my Oct update twice and it's not been updated on the chart.0 -
can't believe we're already into the final full year of this challenge! Our December payment cleared today so I've sent my update through ready for the 25th.
February will see us leave the £20ks for good, and am hoping to end the year with less than £10k to go. I can almost smell freedom!know thyselfNid wy'n gofyn bywyd moethus...3 -
julicorn said:x_raphael_xx said:x_raphael_xx said:julicorn said:Hello everyone! Thanks so much to everything who has submitted their October update, I really appreciate you keeping up with the challenge (whether you're on target or not of course).
Here is the latest update sheet, let me know if there's anything you'd like me to tweak or fix.
@julicorn I think you missed my update form. Current balance at 4th October £106,253.77
Hi @j@julicorn , Sorry I hate to nag as I know you put so much work into these charts, but I've submitted my Oct update twice and it's not been updated on the chart.
Thank youDebt 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 -
Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!0 -
No.5 has hopefully submitted theirs now too. Last time I did it for the wrong update - so I’m hoping I’ve clicked the right thing this time.I checked about 4 times but I’m doing it on my phone and not computer so you never know. 🤦🏼♀️Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 370 -
Update form submitted. A slight increase in mortgage and no opportunity to OP as we finish the switch to a new provider but should be able to do a larger OP at the beginning of Feb and (whispers) think we'll be able to hit our target of 60k by this time next year 🤞🏻Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
- MFW 2022 #35 10,000
- MFW 2023 #3 10358.97
- MFW 2024 #3 10000
- MFW 2025 #3 6945.69/10000
- MFW 2024 #3 10000
- MFW 2023 #3 10358.97
1 - MFW 2022 #35 10,000
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Sent in my January update. I think I've also sent in a request to change my goal? Increase to £110,000 - The big interest rate increase weren't something I'd anticipated when I first joined the challenge (knew I'd have an increase just didn't expect quite as big as I got on renewal.) so I'd be pushing myself to far to get to 105 based on my current forecast.Mortgage: £116,060 (Apr 2024)
Initial MF date: Apr 2048
Current MF date: Dec 2044
MFW 2022 #98 £2,2000/£1,800
MFW 2023 #35 £7,510/£7,500
MFW 2024 #24 £1,225/£5,000
MFi3-T6 #41 £21,231/£27,495 (Mortgage Target £110,000)
Weight Loss Q1 24: 5/12lbs1 -
Update form for January posted!
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 £103,594.981
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