The 'Mortgage Free in 2030' Club

_Dolly_Rocker_

Another monthly DD down for me!

No OP this month cos I am still throwing all my money towards the CC debt and the catalogue. 

Can't wait to start OP-ing. 

Mortgage_Minimiser

I've paid £501.58 this month. That should help a bit - as it all does. I too am also battling credit cards at the same time. paid £10K off this year, go me!

Need to confirm a new rate with the bank today esp now rates have held and they are warning to go up. 2 year fix here i come (and an extra £300 a month) bt at least I will know where I am at. 

Hoping to pay another small lump from my commission later this month too. We shall see. 

Onwards and downwards!
MM
X

_Dolly_Rocker_

It is really difficult battling the mortgage and the debt at the same time but we can and we will get there. 

No OP for me until October 2024. I am really doing all I can to get these CC's gone by the time my 0% offers run out. 

Don't want to get other BT and 0% offers because if I just stick to this rather challenging plan it will all be gone then I can switch my focus to getting my home the way I want it and getting the mortgage paid off earlier. 

Plan is to be MF by the time I am 47! 

Honestly I cannot wait to meet these goals and it's going to be such an achievement!

I'll need to get a new rate in October 2025. Hoping I can switch to another 5 year fixed and just pay it all off in that 5 years. 

Springfield1970

I like your determined attitude @_Dolly_Rocker_ .  It'll get you where you want to be.  I am really glad I've started this journey. £500 a month on OP is a lot for a single mum, but I don't feel sorry for myself, I feel very proud and lucky.  I also love my job so I know I'm unusually fortunate.

I didn't really want to end up with all this grown up responsibility on my own, but the reality of sharing it with someone that was dragging me down has shone a new light on it.  I'm in charge of my life like never before, and am 30% into my pension goal, 80 (instead of 200) mortgage payments away from freedom.  I feel like I've taken away a lot of anxiety by doing this, particularly with the looming interest rate rises of the last year or so.

_Dolly_Rocker_

Springfield1970 said:

I like your determined attitude @_Dolly_Rocker_ .  It'll get you where you want to be.  I am really glad I've started this journey. £500 a month on OP is a lot for a single mum, but I don't feel sorry for myself, I feel very proud and lucky.  I also love my job so I know I'm unusually fortunate.

I didn't really want to end up with all this grown up responsibility on my own, but the reality of sharing it with someone that was dragging me down has shone a new light on it.  I'm in charge of my life like never before, and am 30% into my pension goal, 80 (instead of 200) mortgage payments away from freedom.  I feel like I've taken away a lot of anxiety by doing this, particularly with the looming interest rate rises of the last year or so.

You're doing amazing!