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Twinklies mortgage journey 2.0
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All good then.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.1 -
Yesterday was sponsored by the allotment. The kids snacked on peas (pea pods) and cucumber sliced up like crisps.It was extra special as DS1 HATES cucumber.The kids look exhausted and fed up today. DH was meant to get them out of the house. But there is no sign of them going anywhere. 🙄Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 372 -
Sounds lovely! Glad the allotment is producing well.Save £20,000 in 2025. April 2k, May 3.5k1
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Spent yesterday at the allotment. I’m absolutely broken today. But she’s looking like an allotment which I’m overjoyed with. Got more courgettes, cucumbers, a red onion and 2 brown onions. Also got some tomatoes from the greenhouse.Went for a day out with my folks and the kids on Thursday too. It was such a lovely day. We went to the ‘zoo’, got DS2 a membership. We strolled round the garden, the nature trail and then spent quite a bit of time at the playground. We arrived at 11am and left at 6pm. I was absolutely exhausted but it was such a fun day.Back at work tomorrow - which I’m sad about though. I really need to retire (or come into a big inheritance/lottery win, I’m not fussy).Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 373 -
Allotment looks great, well done.2
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The allotment is looking fabulous 😊🤩
With you on needing to retire or a big win on something … 😉
KKAs at 15.09.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £230,969
- OPs to mortgage = £12,345 Estd. interest saved = £5,863 to date
Fixed rate 3.85% ends October 2030
Read 56 books of target 52 in 2025, as @ 4th October
Produce tracker: £417 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.1 -
Allotment looks great!Save £20,000 in 2025. April 2k, May 3.5k1
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Well done! How was pilates?1
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Hard but good. Really enjoyable actually. It was a nice mix of people who were clearly at an expert level right down to a bloke who’s clearly recovering from an injury or stroke. He was very weak and wobbly. And everyone in between.Alchemilla said:Well done! How was pilates?
Im freshly back from holiday so hoping to start a new routine soon. Just need to figure out what that looks like once the boys are settled back in school. 🤔Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 372 -
how encouraging ! 6 months off your end date is great and you only just started thistwinklie said:Thought I'd probably better do a mortgage related update as that's why we are all here.
MORTGAGEReduction in daily interest since start of new mortgage - £2.36
We now own 38.82% of the house (based on original sale valuation) - current rough valuation actually puts us as 49.82%7 rooms ownedPaid off 31.66% of the original mortgage amount. 10.89% off the new mortgage.
Current MF date - Oct Feb 2037.
It's all baby steps but we are getting there. Our savings are also in a much healthier state. But I think we've come to the realisation that the extension we were dreaming of is probably out of our reach. We may need to just admit defeat, build a 'garden room' and then extend the back slightly (single storey) to create some extra space.It's all small stuff in the grand scheme of things, but it's definitely giving food for thought.
The allotment looks great!DON'T BUY STUFF (from Frugalwoods)
No seriously, just don’t buy things. 99% of our success with our savings rate is attributed to the fact that we don’t buy things... You can and should take advantage of discounts.... But at the end of the day, the only way to truly save money is to not buy stuff. Money doesn’t walk out of your wallet on its own accord.
https://forums.moneysavingexpert.com/discussion/6289577/future-proofing-my-life-deposit-saving-then-mfw-journey-in-under-13-years#latest2
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