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10 years to clear £334K - our FIRE journey
Comments
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£299,587.39 then 😀😀😀
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!!!2 -
Nice idea but sadly it's gone into the pot to balance the cash Vs debt which is currently negative! But has made a big difference there so am very grateful.2
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Congratulations on being sub-£300K 😊👏🎉🥳🤩❤️
Thats a big milestone 😊
KKAs at 16.07.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £213,042
- OPs to mortgage = £19,809 Estd. interest saved = £10,180 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2026 as @ 2nd August.
Produce tracker: £192 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.2 -
Horrible / tough / sad HR issue at work causing me a lot of stress. Makes me more determined than ever to get to FIRE as soon as possible. Booked next Monday off so at least that's a long weekend to look forward to.
Mini target - make £136 free money to OP £1,000 since October 2023. Got almost £20 waiting in PA and around £80 in Quidco (but that could still be ages). At £35 in Y0ugov.
Gave away a big mirror at the weekend which has (literally) been gathering dust so that feels really positive - it was free to me and the woman who collected was pleased with it.2 -
And just like that £36 became payable from Quidco, plus referral bonus has tracked.2
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Aww always nice when you have money coming to you that you had forgotten about.
Hope that work improves.Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £166.7K Equity 38.23% 12/7/26
2) £1.8K Net savings after CCs 31/7/26 (but owed £400) so £2.2K
3) 44.5/82K = 54.26% AVC Goal by mid 20281 -
Sympathies on the work situation. Am in a similar place myself atm …
Hope the long weekend helps.KKAs at 16.07.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £213,042
- OPs to mortgage = £19,809 Estd. interest saved = £10,180 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2026 as @ 2nd August.
Produce tracker: £192 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.2 -
Am awake again, will try and get back to sleep in a minute. Heat is not helping but mostly work playing on my mind.
£66 to OP target. Waiting for £4 from Vinted.1 -
Hope you managed to get a bit more sleep xMortgage 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!!!2 -
Good luck with the OP target. Hope your sleep has improved.Achieve FIRE/Mortgage Neutrality
1) MFW Nov 21 £202K now £166.7K Equity 38.23% 12/7/26
2) £1.8K Net savings after CCs 31/7/26 (but owed £400) so £2.2K
3) 44.5/82K = 54.26% AVC Goal by mid 20281
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