I got my final annual mortgage statement and I'm like this...

[Angilion]

It stated: remaining term 0 years 4 months. I was reminded of this scene from Red Dwarf. I might well do exactly this.

 

[Blue160]

Congrats! Still ten years to go on ours. Can’t imagine how good it’ll feel when it’s finally gone.

 

[builder22]

boom! there's yer dinner

meant in a a positive way btw...can't wait for motgage free days!

 

[Semple]

Congrats, still got 33 years left on ours.

 

[Bear]

Congratulations its such a nice feeling paying off your last payment on your mortgage and being completely debt free. Cleared ours about 4 years ago

 

[Yaayuh!]

Nice!

Now go to Vegas and put your equity all in on black 13.

 

[chilipeppersc]

Boom! There is your elderly care bill paid for you with nothing left for the kids. Winning.

 

[ivrytwr3]

2 years left on ours, but they've just raised the interest rate to 1% - was 0.84% for quite some time!

 

[Diagro]

Nice.

 

[PaulStat]

So can't wait for this. Trying to bring our term down under 10 years from the 18 we have remaining

 

[azazl187]

Still got 28 years left on ours.... Congrats. Can't wait for it to be over

 

[Freefaller]

Our mortgages are one of the few debts that don't bother me, although it would be nice not to have them, they've enabled a more comfortable life.

That said enjoy your extra disposable income @Angilion - what's your first shopping spree going to be?

 

[glenimp617]

Nice!

We're increasing our overpayments next year so we'll be mortgage free by 50. Hate having debts.

 

[Hades]

Congrats. About 15 years left on ours. But we plan to downsize in a few years which should clear most of it.

 

[BUDFORCE]

Still got 28 years left on ours.... Congrats. Can't wait for it to be over

Life's a journey, not a destination.

 

[dlockers]

Equity loan, put it all in BTC

 

[malachi]

Nice one!

Paid off 20K of mine last month. Still get about 22K left. Will clear that in 2 years and I be mortgage free at 40 years old. Which was always my goal when I got my house when I was 27.

 

[Freefaller]

Nice!

We're increasing our overpayments next year so we'll be mortgage free by 50. Hate having debts.

I'm no finance expert, but I was always led to believe that overpaying is largely a waste of time depending on the interest rates, and you'd be better off investing the overpayment amount? that said I'm no expert! (I'm not suggesting you're wrong! It's more of an open question - please don't take it as a dissection of your post ),.

Regardless, that's a fantastic target and fingers crossed you're able to achieve it! Good luck

 

[dlockers]

Nice one!

Paid off 20K of my last month. Still get about 22K left. Will clear that in 2 years and I be mortgage free at 40 years old. Which was always my goal when I got my house when I was 27.

Maybe cut back on the Netflix and you'll do it in 1

 

[Hawk Tuah]

Congrats. Got 26 left on ours. Gonna be nearly retired before it's paid off. But then, I do love our new house.