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It will be somewhere between 35-40k SH so I think I will be ok this time but who knows about the following remortgage, I hope the amount might be low enough to cause this problem 😂Mortgage OP 2026 £640/2000Mortgage balance: £32,222
Make £50 a month Jan £20, Feb £0, March £31, Apr
Boiler fund £1981/30003 -
Another OP of £500 today, I have been here for four years now and had a look at what my balance would be without OPs - around £55,600 so I feel even my smaller payments have certainly made a difference!
Off out for breakfast in a while with an old work mate, a visit to my DM, then an exercise class in the park - not a bad day really.Mortgage OP 2026 £640/2000Mortgage balance: £32,222
Make £50 a month Jan £20, Feb £0, March £31, Apr
Boiler fund £1981/30004 -
I would love to know how you did the "look at what my balance would be without OPs"?skint_spice said:Another OP of £500 today, I have been here for four years now and had a look at what my balance would be without OPs - around £55,600 so I feel even my smaller payments have certainly made a difference!
Off out for breakfast in a while with an old work mate, a visit to my DM, then an exercise class in the park - not a bad day really.
Have a lovely day
KKAs at 17.03.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £219,071
- OPs to mortgage = £17,793 Estd. interest saved = £9,021 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 25 books of target 52 in 2026 as @ 5th April.
Produce tracker: £73 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 -
I used the MSE overpayment calculator KK as I am at exactly 4 years in. It’s not exact as my interest rate was lower for the first two years but I am thinking as my payments were lower it is probably good enough. I just used as if I had OPed £200 a month and it shows what the figure would be without OPs. I will try and do a screenshot.Mortgage OP 2026 £640/2000Mortgage balance: £32,222
Make £50 a month Jan £20, Feb £0, March £31, Apr
Boiler fund £1981/30001 -
This is what it showed KK, made me happy!
oh and £20 paid from 0nep0ll so that’s off to my holiday account.Mortgage OP 2026 £640/2000Mortgage balance: £32,222
Make £50 a month Jan £20, Feb £0, March £31, Apr
Boiler fund £1981/30002 -
That is so motivating! Love it.Made it to mortgage free but what a muddle that became
In the event the proverbial hits the fan then co-habitees are better stashing their cash than being mortgage free !!3 -
Thank you 😊
I will have to have a fiddle … 🤔
KKAs at 17.03.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £219,071
- OPs to mortgage = £17,793 Estd. interest saved = £9,021 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 25 books of target 52 in 2026 as @ 5th April.
Produce tracker: £73 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 -
I had a lovely day out on a nearby island with friends, days like that make it all worthwhile - lots of sunshine, scenery and laughter 🥰
Mortgage OP 2026 £640/2000Mortgage balance: £32,222
Make £50 a month Jan £20, Feb £0, March £31, Apr
Boiler fund £1981/30008 -
Thats beautiful 🤩 Thanks for sharing 😊
KKAs at 17.03.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £219,071
- OPs to mortgage = £17,793 Estd. interest saved = £9,021 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 25 books of target 52 in 2026 as @ 5th April.
Produce tracker: £73 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 -
Beautiful view... Good to celebrate what you have nearby.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £167.4K Equity 38% 3/4/26
2) £3K Net savings after CCs March 26 (but owed £1.1K) so £4.1K
3) Mortgage neutral by 06/30 (AVC £36.2K + Lump Sums DB £4.6K + (25% of SIPP 1.3K) = 42.1£127.5K target 33% 27/2/26 (If took bigger lump sum = 64K or 50.1%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5.2K updated 16/1/261
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