*MAY 2013 STATS
- Original Mortgage: £138,485 (April 2006)
- Original term: 300 months (March 2031)
- Outstanding Balance: £79,900
- Reduction from last month: £829.50
- Paid off to date: £58,585
- Monthly payment: £542.34
- May over payment £352.85
- Actual payments left: 206
- Months until goal date: 55 (31st Dec 2017)
- Months until stretch goal date: 31 (31st Dec 2015)
Mortgage debt repaid:
42.3%
We’re so happy to reach another milestone (<£80k)
Our 2013 goal of a £25k mortgage reduction seems to be moving further and further away right now, so we’re only thinking about the next £10k milestone (which also brings us close to the (£69,242.50) halfway line).
Are you overpaying your mortgage….or do you have plans to overpay your mortgage?
