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Steadily climbing the mountain, enjoying the view along the way
Comments
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I came across that site a while back and had a rummage - I think there are a couple I’m going to try, but can’t remember what they are atm … 😉😊
KK
As at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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 -
Well they certainly don’t look like scones we have in Scotland! Enjoy.
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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*** in ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger.
One debt remaining. Home improvement loan. 19months left.3 -
Honouring the commitment I made to @debtfreewannabe321 this morning 😊
How to calculate daily interest rate:
Take your balance,
multiply the balance by your mortgage interest rate as a decimal
Divide by 365 days.So in my case:
Balance = £216,847
Multiplied by 3.85% as a decimal i.e. 0.0385
Divided by 365 daysLooks like:
216847*0.0385/365
Does that make sense?
I have tried to write as a recipe in words as well as in numbers, as I think that makes it easier to follow sometimes.KK
As at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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 -
No for sure! 😂😂 These have spinach and sun dried tomato in them 😊
KK
As at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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.3 -
Thanks for that. I've now calculated my daily interest. Although I need the building work to finish before I can start tackling that again!
2 -
My pleasure 😊 Not always the most cheering number (until it starts to shrink significantly), but one worth being aware of …
KK
As at 17.04.26:
- When bought house £315,995 mortgage debt and end date at start = October 2039 - now £216,847
- OPs to mortgage = £18,925 Estd. interest saved = £9,670 to date
c. 16 months reduction in term
Fixed rate 3.85% ends October 2030
Read 31 books of target 52 in 2026 as @ 7th May.
Produce tracker: £108 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 work out my daily interest based on the interest charged each month as it is coming down a little each time which keeps me motivated!
Mortgage OP 2026 £860/2000Mortgage balance: £31,763
Make £50 a month Jan £20, Feb £0, March £31, Apr £20, May
Boiler fund £2085/30001 -
Ohhh I looked at that website @teapot2 and a couple of ideas are on my radar now! Thank you. (I love their jars of butter beans even if more expensive than the tinned ones).
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 !!2 -
I just take my monthly mortgage interest and divide it by the number of days in the month!
Start mortgage date: August 2022; Start mortgage amount: £240,999; Original mortgage free date: August 2056
Current mortgage amount: £224,460.73
Start student loan 2012: £29,750; current student loan: CLEARED July 2025
Unread owned books Jan 2026: 256
Undone crafts 2026: +12 -
Sorry, just catching up. Fair enough to stick with him if he's the only physio around. But tell him you need him to be gentler - mine used to ask if it was OK and I stupidly said yes! (So it might not all have been his fault 🙄). I think sometimes they use their patients as stress relief!
Mortgage free 16/06/2023! £132,500 cleared in 11 years, 3 months and 7 days
'Now is no time to think of what you do not have. Think of what you can do with what there is.' Ernest Hemingway3
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