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Mortgage free in Forever Home :-)

1275276278280281699

Comments

  • KajiKita
    KajiKita Posts: 8,598 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Thanks @savingholmes, @beanielou ❤️

    Yes, both of them are cute …. 🥰 

    KK
    As at 15.10.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
    - OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
    Fixed rate 3.85% ends October 2030

    Read 62 books of target 52 in 2025, as @ 4th November 
    Produce tracker: £426 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. 
  • savingholmes
    savingholmes Posts: 29,087 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hope the cat photos are light relief. Definitely sounds time to invest in a new car.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £171.8K Equity 36.37%
    2) £2.6K Net savings after CCs 10/10/25
    3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
    (If took bigger lump sum = 60.35K or 47.6%)
    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 £5K updated 10/10/25
  • KajiKita
    KajiKita Posts: 8,598 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Hope the cat photos are light relief. Definitely sounds time to invest in a new car.
    They were - made my cousin smile too 😊

    I hate buying cars but needs must etc ….

    KK
    As at 15.10.25:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £229,702
    - OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
    Fixed rate 3.85% ends October 2030

    Read 62 books of target 52 in 2025, as @ 4th November 
    Produce tracker: £426 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. 
  • Hope all goes as well as possible.

    Good news that it turned out to be an incident of excessive eclairing 
    https://forums.moneysavingexpert.com/discussion/6466032/an-in-between-phase

    Books read 2025: 60

    Hey! Use my code GW7II3 on Eureka Surveys and unlock a short 80p survey just for signing up! https://eurekasurveys.page.link/do9nSyy8u4nikx6r6
  • Humdinger1
    Humdinger1 Posts: 2,487 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    edited 25 March 2024 at 6:36AM
    Investing in new cars and cats?! Exciting...thinking of you today love Humdinger xx 
  • Watty1
    Watty1 Posts: 7,364 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    have been thinking of you today   Sending much love
    Made it to mortgage free but what a muddle that became

    In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!
  • skint_spice
    skint_spice Posts: 13,576 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad it went smoothly for you, it sounds a lovely send off.
    Mortgage OP 2025 £7550/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £34,196

    Money making challenge £78/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • Cheery_Daff
    Cheery_Daff Posts: 17,694 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad the funeral went well, sounds like a lovely service. What a shame about your dad, but I'm glad the other relatives were all supportive, and it sounds like you have a good relationship with your cousin. 

    Hope you have a relaxing and restorative day today xx
  • beanielou
    beanielou Posts: 96,878 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Glad all went well. Be kind to yourself today xx
    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.
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