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Mortgage free in Forever Home :-)

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  • Cheery_Daff
    Cheery_Daff Posts: 17,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That's an excellent idea to have two weeks off.  Glad the parish council meeting was a nice contrast too, and that you have the union involved. Also pleased to see you making a list of things you won't miss. Look after yourself xx
  • That's all really positive, well done. If even your union rep did a screeching u-turn, I think that shows getting out is for the best! 
    https://forums.moneysavingexpert.com/discussion/6466032/an-in-between-phase

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  • beanielou
    beanielou Posts: 95,999 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    That's all really positive, well done. If even your union rep did a screeching u-turn, I think that shows getting out is for the best! 
    Absolutely this. 
    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.
  • Could Mr KK take over the "minimum new salary" calcs? It should just be a case of totting up the monthly committed outgoings and chucking a few numbers into a take-home pay calculator online, see what comes out, and adjust accordingly. When I did it before, I also estimated the cost of driving to my two nearest cities and looked up the cost of city centre parking as well, so I knew the absolute worst-case commuting cost scenario so I could include that as well
    Mortgage start: £65,495 (March 2016)
    Cleared 🧚‍♀️🧚‍♀️🧚‍♀️!!! In 5 years, 1 month and 29 days
    Total amount repaid: £72,307.03. £1.10 repaid for every £1.00 borrowed

    Finally earning interest instead of paying it!!!
  • KajiKita said:
    ….
    Sadly Lebar@ won’t work for me - we have to use 33 round here for signal ….

    Ah okay.  If you use the MSE sim selector you can choose 33 and there are four other providers who use their network.  

    It is exhausting, try to take care of yourself and not wear yourself out - although I'm sure relaxing isn't easy at the moment.  Good luck this week. :)
    "Think of many things, do one"
    Mortgage 30 Sep'25 est. £208,500 £309,749 2020 (current ends 2038)
    Seven Goals; 12.5lbs lost in 4 months (5.5lbs to go); walk/run/exercising/weights/yoga 

  • I totally get the not being in the right head space for things mode.

    Hope you had a great weekend and that when you have your first meeting that it goes well.
    Achieve FIRE/Mortgage Neutrality in 2030
    1) MFW Nov 21 £202K now £172.5K Equity 36.11%
    2) £1.6K Net savings after CCs 14/8/25
    3) Mortgage neutral by 06/30 (AVC £25.6K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 31.4/£127.5K target 24.6% 1/9/25
    (If took bigger lump sum = 53.3K or 41.8%)
    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 £4.8K updated 29/7/25
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