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Mortgage free forever before I turn 30?

76 replies

Newname10000 · 01/09/2019 15:50

Me and my bf have been together 4 years - I am currently 23 he is 26. We are planning on buying our own home in the next year. We have a very substantial deposit between us and the plan is then to aggressively pay down the remaining mortgage, then save for a (potential) future move so we don't have a mortgage again.

Has anyone done this/had experience of this I can't think of any cons but then again it was my idea...

By the date we plan to start looking we will have £120k deposit and should be in the position to be paying £20k per year off the mortgage (including the standard payments.)

OP posts:
Pieceofpurplesky · 14/09/2019 11:20

@Newname10000 so basically you have had a lot of help. More than many people. Living rent free, boyfriend getting inheritance, low outgoings ...

Don't wake up at 30 with your mortgage paid and wish you had lived and enjoyed your time.

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