This last weekend my mind has been on our mortgage, and possible ways to get it paid down quicker. I can’t help it. My motivation towards debt pay off is very strong and I’m much better at building wealth this way, than I am say, at growing savings. Anyway I’ve been plotting ways to get [...]
Our goal is to achieve Financial Freedom by December 2020; being mortgage free (as soon as possible) is part of that goal and every month I track our progress. March 1st 2012 Mortgage Stats: Original Mortgage: £138,485 (April 2006) Original term: 300 months (March 2031) Outstanding Balance: £99,963.77 YAY!! Reduction from last month: 2,319.55 Paid off [...]
Our goal is to achieve Financial Freedom by December 2020; being mortgage free (as soon as possible) is part of that goal and every month I track our progress. February 1st 2012 Mortgage Stats: Original Mortgage: £138,485 (April 2006) Original term: 300 months (March 2031) Outstanding Balance: £102,283.32 Reduction from last month: 2,128.42 Paid off to [...]
We’re only four days into the New Year and I’m already thinking of adding an extra goal…..I just can’t seem to help myself!? At the moment our target for the year is to reduce our mortgage balance below £83k, which we will just about achieve if we continue with our current overpayment schedule…..it works out about £450-£500 [...]
Our goal is to achieve Financial Freedom by December 2020; being mortgage free (as soon as possible) is part of that goal and every month I track our progress. January 1st 2012 Mortgage Stats: Original Mortgage: £138,485 (April 2006) Original term: 300 months (March 2031) Outstanding Balance: £104,411.74 Reduction from last month: £1,910.60 Paid off to date: £34,073.26 Monthly payment: £542.34 [...]