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Mortgage free in Forever Home :-)
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He went round and rechecked my car tyres as well and then told me later ❤️ It’s the little things 🤩savingholmes said:Cheers to inflated tyres! It shows it's the simple things that count!!
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.4 -
Came for saying hi and thanks for popping over to my diary the other day @KajiKita, stayed for the outrageous anecdotes from @Brie and @LadyWithAPlan 😂
On a serious note, hope things are going okay as can be with your FiL4 -
Awww, that’s lovely 😊 Thank you. And I’m glad the entertainment was satisfactory! 😂😂😂PennysIntoPounds said:Came for saying hi and thanks for popping over to my diary the other day @KajiKita, stayed for the outrageous anecdotes from @Brie and @LadyWithAPlan 😂
On a serious note, hope things are going okay as can be with your FiL
FiL is okay atm - Mr KK took him out to a social event on Saturday evening. They didn’t stay late but I think it did both of them good. Meeting with consultant at the hospital on Thursday this week.KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.5 -
Positive poisitive vibes for Thursday.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.2 -
Thanks @beanielou xAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.3 -
In spite of it being ostensibly Blue Monday, I have had the most upbeat and positive day in work in a long time. And that is in spite of four of my team being offsite (holiday or training), so trying to cover (some of) their work and c. 6 hours of meetings across the day. Came home feeling cheerful and happy!I have no idea what this is due to, but I will definitely take it! 😊🤩
Had £1.62 TCB turn up in my P@yP@l account, so have sent that off as an OP along with a 95p TT from our joint account 😊
I’ve lost my mojo for dong surveys etc since Christmas and have been feeling a bit meh and hopeless about the mortgage etc …. However, Nil Carborundum Illegitimus …. So I will use SavingHolmes’ calculation structure on my OPs to see what effect, how much we are saving over the remainder of the term is, of each and every OP … Hoping that will get me moving again …
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.6 -
This site will calculate it for you too you know if you go to the mortgage OP calculator.
Hope Thursday brings some clarity. Definitely explore what options for support and help there are out there and at what stage they can be accessed.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/251 -
what survey sites do you find work best for you? I've signed up to a couple but never had any surveys come through at all so I'm obviously looking in the wrong places or they think I'm too opinionated or some such.I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts 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 and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇1 -
I’ve tried it but my small OPs never seem to register …. I will be using your method instead! 😊savingholmes said:This site will calculate it for you too you know if you go to the mortgage OP calculator.
Hope Thursday brings some clarity. Definitely explore what options for support and help there are out there and at what stage they can be accessed.
I won’t be going, let’s see what’s said.
QM33, Pr1me Opinion, Ips0s.Brie said:what survey sites do you find work best for you? I've signed up to a couple but never had any surveys come through at all so I'm obviously looking in the wrong places or they think I'm too opinionated or some such.
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.3 -
Please can someone check my sums ….?
Say in November last year I made a one off OP of £320 on a balance of £261,031 where the mortgage interest is 0.0217% over the remaining 14 years of the mortgage.
MSE is saying I will save £120 in interest over that period.My figure comes out ridiculously higher …
So that suggests that my method should NOT be:
- Take OP value £320 x 0.0127 x 365 (for interest in a year)
- Multiply by the number of years remaining I.e. 15
I suspect that there’s something squint in my first step, but I am not sure what ….
If I divide £320 x 0.0217 by 365 I don’t get the MSE number either.
(I am starting to think that I am numerically illiterate, if there is such a thing.)
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,816 Interest saved £5,28 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 of £300 in 2025
Watch your thoughts, they become your words.
Watch your words, they become your actions.Watch your actions, they become your reality.2
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