We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
I can't say this in real life...
Options
WordleQuordleOctordle
Posts: 2 Newbie
Because few have this privilege... I couldn't even say this to my best of friends. Or even my Mum!
But I paid off my mortgage yesterday after ten years aged 43, just me.
It's "only" a 2 bed flat, but it's mine. I rented out the master bedroom / ensuite available to a lodger all this time (bar a break for the pandemic), and will continue to do so until I get seriously burnt.
But yeah, that's all I wanted to day.
But I paid off my mortgage yesterday after ten years aged 43, just me.
It's "only" a 2 bed flat, but it's mine. I rented out the master bedroom / ensuite available to a lodger all this time (bar a break for the pandemic), and will continue to do so until I get seriously burnt.
But yeah, that's all I wanted to day.
13
Comments
-
*say, even!0
-
Well done you must be feeling fantastic!0
-
Woo hoo! Such a good feeling!0
-
..many congrats to you. Good financial planning.When we got our first property we went flat out to pay off the mortgage early, (similar age to you), a great feeling...well done you!!.."It's everybody's fault but mine...."0
-
Well done, treat yourself to a large cuppa and a cream/jam/ice sponge cake (please note: the sponge cake should contain all three)
You deserve it.0 -
Sorry but this should have a manic "it's mine all mine2. And what about tightrope!!0
-
Congratulations, well done you 😀!
And who cares if it's "only" (my own place is "only" a one-bed flat) - if it works for you, that's all that matters. Who wants extra rooms to fill with cr*p and have to clean anyway???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!!!1 -
HUGE congratulations!!! I am sharing your joy and high fiving you all the way!!
And I relate to 'not being able to share this in real life' - I don't have immediate folks nearby that are on a similar MFW journey to me, so I really appreciate this online space to share the journey.
I hope you have something fun lined up to celebrate!! So chuffed for you!!Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | Mortgage = £112,153/£132,469 (15% paid)Goal for 2025:1) MFW £3905/£30000 -
My mortgage free was long before it became a thing & after only 12 years instead of the 20 it was supposed to be. I made the mistake of telling someone in real life. It seems that every round thereafter becomes your responsibility. The only person who has a clue of my worth (I'm pushing 80) is my DS who lives with me. So celebrate on here & we will all celebrate with you Well done!!!!4
-
That's fab, well done! It's a great feeling to outright own and the effect on your finances/freedom is ace!Statement of Affairs (SOA) link: https://www.lemonfool.co.uk/financecalculators/soa.phpFor free, non-judgemental debt advice, try: Stepchange or National Debtline. Beware fee charging companies with similar names.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards