Our goal is to be financially independent by December 2020; being mortgage free is part of that goal and every month I’m tracking our progress.
March 2011 mortgage stats:
- Original Mortgage: £138,485 {April 2006}
- Original term: 300 months
- Outstanding Balance: £113,937
- Paid off to date: £24,548
- Actual payments left: 232
- Months until goal date: 117 {31st Dec 2020}
- Original term reduced by: 8 months
Us vs. Bank: 17.73% vs. 82.27%
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{ 4 comments… read them below or add one }
I like the us v. bank feature!
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Laura Reply:
March 1st, 2011 at 4:38 pm
Thanks Listful….it makes it more of a contest! lol
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Good work reducing the number of payments left on your mortgage AND on a reduced income at that! Pretty impressive!
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Laura Reply:
March 1st, 2011 at 4:34 pm
Thanks Jane!
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good work. I like the US V Bank too
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Laura Reply:
March 1st, 2011 at 4:33 pm
@ Mo I used to do this but stopped for some reason…I’m bringing it back!
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Well done! So inspiring
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Laura Reply:
March 4th, 2011 at 8:37 am
Thanks Shoestring…I can’t wait to start make overpayments again!
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