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Here’s where the story ends…
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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 2025 £6200/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,255
Money making challenge £0/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)3 -
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 2025 £6200/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,255
Money making challenge £0/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)4 -
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 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,338 Interest saved £5225 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 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.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 2025 £6200/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,255
Money making challenge £0/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)1 -
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 2025 £6200/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,255
Money making challenge £0/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)2 -
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 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,338 Interest saved £5225 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 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.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 2025 £6200/7000Mortgage OP 2024 £7700/7000
Mortgage balance: £36,255
Money making challenge £0/400
”Do what others won’t early in life so you can do what others can’t later in life” (stolen from Gally Girl)8 -
Thats beautiful 🤩 Thanks for sharing 😊
KKAs at 15.07.25:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £233,521
- OPs to mortgage = £11,338 Interest saved £5225 to date
Fixed rate 3.85% ends January 2030
Read 40 books of target 52 in 2025, as @ 29th July
Produce tracker: £243 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.2 -
Beautiful view... Good to celebrate what you have nearby.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £174.8K Equity 32.77%
2) £2.6K Net savings after CCs 6/7/25
3) Mortgage neutral by 06/30 (AVC £24.3K + Lump Sums DB £4.6K + (25% of SIPP 1.2K) = 30.1/£127.5K target 23.6% 29/7/25
4) FI Age 60 income target £16.5/30K 55.1%
5) SIPP £4.8K updated 29/7/251
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