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Five Year Fix, Five Year Plan
Comments
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What was your decision then??? - I'm guessing B?
4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)(With heartfelt thanks to those who have gone before us & their indubitable generosity.)...and now I have a mortgage! (23 AUG 2021)Original End Date - Sept 2041 *** New projection - Jun 2040 (reduced by 1 years & 3 month)0 -
Yeah, I went direct! It's a lot of money but also I'm SO not sure and maybe the money is worth it not to spend the next four months worrying about what might happen.
(or maybe everything gets settled next week and I regret it, but, I had to make a decision one way or the other)
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +10 -
I think you made a good decision given the circumstances!
4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)(With heartfelt thanks to those who have gone before us & their indubitable generosity.)...and now I have a mortgage! (23 AUG 2021)Original End Date - Sept 2041 *** New projection - Jun 2040 (reduced by 1 years & 3 month)1 -
We've officially been sold to a corporate, effective end of the month. Lots of changes coming soon, and I'll probably have a new contract to look at.
(I know that legally I can stay on my old one but it's so wishy washy it's unlikely to be worth it because they can do anything they want on it)
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +12 -
I will wave the vague air of optimism at you and hope that you get a new contract that is at least a little better than what you currently have (vague optimism because I'm a Millenial and I know what "corporate" can often lead to 😑)
"You won't bloom until you're planted" - Graffiti spotted in Newcastle.
Always try to be nice, but never fail to be kind - Doctor Who
Total mortgage overpayments 2017 - 2024 - £8945.62!2 -
We have a meeting tomorrow in which they will shower us with rainbow promises, and then we'll see what happens over the next few months I guess.
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +12 -
Love the concept of rainbow promises though - not heard that one before!
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 -
The meeting was much as expected. Have a slightly better idea of when certain things might be changing, but beyond that it's a lot of promises which.. we'll see.
The benefits do promise to be better, though including a green car scheme. So, the new car fund might just sit there for a while.
I also had a catch up with the doctor - she offered to deal with my anxiety separately and I pushed back, pointing out that anxiety is a main symptom of perimenopause - so now I have an increased dosage of oestrogen and some different progesterone. Fingers crossed it helps.
Also tried to buy things on vinted for holidays in January. Clearly didn't look at the tags shown closely enough, have ended up with three things, none of which fit. Will need to sell those on.
Also managed to drop a pizza face down onto the counter this evening.
I am too tired to function, looking forward to the weekend!
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +15 -
Sending a supportive virtual hug for the overtiredness - and hooray it is the end of the week.
4 YEARS 10 MONTHS DEBT FREE!!! (24 OCT 2016)(With heartfelt thanks to those who have gone before us & their indubitable generosity.)...and now I have a mortgage! (23 AUG 2021)Original End Date - Sept 2041 *** New projection - Jun 2040 (reduced by 1 years & 3 month)2 -
Another virtual hug from here too. I get clumsy when I get tired - as my bruised and battered shins, ankles and forearms attest to … 😳🙄😂
KK
As at 16.10.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £209,304
- OPs to mortgage = £20,180 Estd. interest saved = £10,393 to date
c. 17 months reduction in term
Fixed rate 3.85% ends October 2030
Read 76 books of target 52 in 2026 as @ 23rd October.
Produce tracker: £348 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.1
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