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Mortgage free in Forever Home :-)
Comments
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Looking good 🎄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*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.3 -
Looks great, floof looks very relaxed!Mortgage OP 2026 £0/2000Mortgage OP 2025 £7700/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £33,821
Make £50 a month Jan £0
Boiler fund £925/3000
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)3 -
Cute puddy tat! House looks very cosy and warm!DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)3 -
You've achieved so much. Hope you get to snuggle down and enjoy.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.1K updated 14/11/251 -
Late, lazy start today 😊❤️Did the rounds of the neighbours this morning, dripping little splashes of goodwill through their front doors via Christmas cards 😊 Another bundle dropped into the post box 😊Mr KK gave me £50 to spend on myself for a Christmas present, so after doing a tip run I went to the garden centre and picked up a max minimum thermometer for my greenhouse and a really good new spray hose head ❤️ I might also have acquired a very posh and unusual Amaryllis 😊Just been down to the chapel for a carol service and nativity. I have never seen so many dressing gowns, blankets, sheets, antimacassars etc in one place, at one time, ever! 😊😂❤️ A senior Parish councillor was definitely wearing a purple curtain whilst she was acting as one of the three Wise Men 😉 We sang lots of carols including some happy words to the tune of Amarillo … OMG! The organist at the end said, sotto voce, that he was impressed, I replied that I was scarred! 😂😂😂😂 Lovely atmosphere and I fled before the mince pies and mulled wine reached me. Mr KK missed it as he was on the other side of the Forest dropping presents off with his mum and dad 😊It’s been a good day 😊
KKAs at 15.12.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £227,385
- OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 0 books of target 52 in 2026 as @ 1st January
Produce tracker: £0 of £400 in 2026
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.8 -
Carol service sounds lovely. We’ve missed ours this year.DFW (08/08) £64,346.53 Gone (02/19)
MFW (08/08) £118k Gone (09/23)2 -
Carol service is always fun / yours sounds lovely
I went to the local Irish centre .. they also included as carols ‘nothing compares to you’ by sinead/prince and some Pogurs songs along with mulled wine
DON'T BUY STUFF (from Frugalwoods)
No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff. Money doesn’t walk out of your wallet on its own accord.
https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest4 -
Did a financial round up these evening and coloured in another four £500 ‘house bricks’! 😊
Our balance now starts with a £25#### 😊 A loooong way to go still, but steady progress 😊
CC bill is horrible this month (new WM, Cmas present buying etc.) but it’s all in savings waiting to be spent. I think the NY will see a focus on topping up savings for a while, so OPs will have to take a back seat for a bit.
KKAs at 15.12.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £227,385
- OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 0 books of target 52 in 2026 as @ 1st January
Produce tracker: £0 of £400 in 2026
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.6 -
Topping up savings sounds a good plan.
Your nativity experience sounds interesting. For me I loved the carols but the nativities were always too hot and too crowded.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.3K Equity 36.55%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £30.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 35.5/£127.5K target 27.8% 14/11/25
(If took bigger lump sum = 62K or 48.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.1K updated 14/11/251 -
That’s why I left when it got to alcohol free (Chapel) mulled wine and mince pies as that’s when everyone would start moving around. I spoke to the Minister, said well done to the main organisers and scarpered! 😉savingholmes said:Topping up savings sounds a good plan.
Your nativity experience sounds interesting. For me I loved the carols but the nativities were always too hot and too crowded.
My boss has been nagging me about completing my PDA - I think this is because he wants to give us all our bonus next year, so perhaps that might help the savings? 😊🤷♀️😉
KKAs at 15.12.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £227,385
- OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 0 books of target 52 in 2026 as @ 1st January
Produce tracker: £0 of £400 in 2026
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.4
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