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Mortgage free in Forever Home :-)

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  • savingholmes
    savingholmes Posts: 28,971 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glad you recovered well. 
    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 29/7/25
  • skint_spice
    skint_spice Posts: 13,415 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Belated happy birthday 🥳 🎂😫
    Mortgage OP 2025 £6200/7000
    Mortgage OP 2024 £7700/7000

    Mortgage balance: £36,260


    Money making challenge £38/400

    ”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)
  • Been mugged by the cats made me chuckle. Miss giddychops will often come and demand feeding at about 5pm.
    love 🐞

    Grow your own: £14.66
  • Being a labourer and getting that installed plus the craft beers is really, really lovely, and I'm sure went a long way in helping him personally. You're a good 'un KK x
  • f0xh0les
    f0xh0les Posts: 7,621 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    We had one of those 'awkward payments', so they issued a cheque in both our names to repay it.  We have never had a joint account, so had to send it back and ask for half each, or for it all to go back to DH (which they refused to do).  We still don't have a joint account.  It is probably never going to happen now.
    4/10/22One Year Mortgage Free Yay!
    NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 No Turtle gets left behind.[/b]
    ******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******
  • KajiKita
    KajiKita Posts: 7,700 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    Being a labourer and getting that installed plus the craft beers is really, really lovely, and I'm sure went a long way in helping him personally. You're a good 'un KK x
    I didn’t know what had been going on with him until we met up this morning. It meant a lot to us (the parish council team) as we have had the unit for MONTHS without it being installed … The previous members of the council were supposed to get it organised but hadn’t and then just evaporated … It was apparently proving quite difficult to get a sparky to do the install and having supported in the process today, I can see why. Actually getting the thing on the wall is definitely a two person job! So good that it’s done 😊

    KK
    As 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: £272 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. 
  • KajiKita
    KajiKita Posts: 7,700 Forumite
    1,000 Posts Fourth Anniversary Name Dropper Photogenic
    f0xh0les said:
    We had one of those 'awkward payments', so they issued a cheque in both our names to repay it.  We have never had a joint account, so had to send it back and ask for half each, or for it all to go back to DH (which they refused to do).  We still don't have a joint account.  It is probably never going to happen now.
    Fortunately, we do!! 😊 It dates from when we first moved in together, I was in horrible amounts of debt and Mr KK had not the first clue on how to manage a household budget as he was still living at his mum and dad’s 😉❤️😂

    KK
    As 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: £272 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. 
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