Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Chat

Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting.

The dream of being mortgage free...

126 replies

InTheNameOfAllThatIsHonest · 05/10/2021 15:06

I would love to be mortgage free. The idea that if I lose my job or things go pear shaped financially I may lose my home, terrifies me.

Can I please ask how old you were when you paid off your residential mortgage? Or what age you will be when you think you will have paid it off? I'm in my late forties at the moment, live alone, am the sole person paying my mortgage, and have another 20 years to go...

OP posts:
Newnormal99 · 07/10/2021 19:41

Should be paid off when I'm 69 but in reality I would hope earlier. If my kids go to uni (still many years off) I would expect them to be paying rent when graduated which could go towards it and if they have moved out I would downsize. My bedroom is in a loft conversion and not sure I will fancy 2 flights of stairs to bed when I'm that age!

New posts on this thread. Refresh page