From the category archives:

mortgage payoff

The Great Mortgage Payoff: March Update

by Move to Portugal February 28, 2009 mortgage payoff

Thank you for visiting Move To Portugal. If you subscribe to the blog by RSS feed you can get all the updates sent to your inbox or reader for free!I’ve not updated the mortgage/savings figures for a while, so here’s the up to date state of play. Instead of a 2009 mortgage overpayment target, we [...]

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The Great Mortgage Payoff

by Move to Portugal January 2, 2009 mortgage payoff

An update on where we finished at the end of 2008 and our mortgage goals for 2009: Our mortgage balance finished at £125,847 for 2008. We had the goal of £119,000 for the year end, which we’ve sort of achieved as we currently have £6,600 sitting in ISA’s.We took the decision to keep some money [...]

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The great mortgage payoff

by Move to Portugal December 2, 2008 mortgage payoff

Hi all, I’m back from NY, which went very quickly, but was fantastic, and straight back to business -the mortgage. The monthly payment went through, with a small overpayment of £101.92, so in all we made a payment of £900 this month, which leaves a balance of £126,273. Next month sees the monthly Direct Debit [...]

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The great mortgage payoff

by Move to Portugal November 1, 2008 mortgage payoff

The direct debit went through today and the balance now left to pay is £126,653. We’re not going to make our year end mortgage balance goal of £119k, but a least the emergency fund situation looks a bit healthier. Our non financial goals continue to progress -Dh has applied for another role within his company, [...]

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The {not so} great mortgage payoff

by Move to Portugal October 6, 2008 mortgage payoff

photo credit: L i l a’s There will be no overpayment this month. It’s took some decision making, and it means we won’t reach our 2008 goal, but we are holding off on the over payments until the New Year. We want to have more in our emergency fund due to the economic climate, and [...]

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The great mortgage payoff

by Move to Portugal September 2, 2008 mortgage payoff

The September direct debit payment has gone through and the new balance on our mortgage as of today is £127,212. The percentage figures now stand at: Mortgage Company own 68.8% of the house.We own 31.2% of the house. 8.14% of our mortgage has been paid off £600 over payment made

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The great mortgage payoff

by Move to Portugal August 1, 2008 mortgage payoff

The first scheduled direct debit payment since our remortgage has gone through today and I’m pleased that normal service is resumed. I thought we would be left with a balance of approximately £127k, however I’ve checked the balance and it’s now £128,078. The percentage figures now stand at: Mortgage Company own 69.3% of the house. [...]