mortgage freedom: march 2013 report

*MARCH 2013 STATS

  • Original Mortgage: £138,485 (April 2006)
  • Original term: 300 months (March 2031)
  • Outstanding Balance: £82,660.00
  • Reduction from last month: £1,239.81
  • Paid off to date: £55,825.00
  • Monthly payment: £542.34
  • March over payment £761.19
  • Actual payments left: 208
  • Months until goal date: 57 (31st Dec 2017)
  • Months until stretch goal date: 33 (31st Dec 2015)

Us vs. Bank: 40.3% vs. 59.7%

It’s my favorite day of the month, mortgage payment day! :) A larger over payment today which took us over the 40% paid off mark. Our next goal is to get below £80k, which, if all goes to plan, will happen on May 1st.

Comments

mortgage freedom: march 2013 report — 10 Comments

  1. You are doing so well!

    I am delighted for you and those 33 months will fly by now.

    Sft x

  2. Woo! 40.3% equity is awesome! I’ve got mine up to 32.0% finally! :) Hope things are going okay for you offline.

    • Thanks Leigh – you got there so quickly – very inspiring!

      Offline my Dad is a little poorly and I’ve had to take a break from posting over here. Thank you for asking :)