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The £100,000+ Mortgage Club

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Comments

  • Hi All,

    I read the mortgage free wannabe threads quite often but dont have my own yet... here are my details:

    Mortgage started at: £207,100
    Current outstanding: £107,000 (wow thats 100k paid off so far...!:j)

    Just remortgaged and hopefully leaving the £100k+ club in 2012!

    Gary.
  • Rosie_D
    Rosie_D Posts: 107 Forumite
    Hi there,

    Please can I join your £100,000 club? Our outstanding balance is £131,000.

    It's good to be part of a few clubs to give you plenty of incentive to carry on overpaying!

    Good luck everyone.
  • I'd like to join too. I'm hoping I'll be able to leave again in about 2016!

    User Name : jaywhoopee
    Original Mortgage Amount : £187,500 (2009)
    Overpayments made : £9,480
    Outstanding Balance : £162,000
    Thread : http://forums.moneysavingexpert.com/showthread.html?t=2242943
    5 year BOE + 2.49% capped tracker (cap 5.99%)
    MFW 2012 #51 OP: £4,244/4,500 (94% complete)
    MFW 2013 #51 OP: £5,126/5,000 (102.5% complete)
    Mort. free with/without OP: 2023/2029
    Quidco: £417 / Topcashback: £105 / £2 jar: £320
  • Hi,

    Just got confirmation of the overpayment of £4,000...2.54% knocked off the total. :)

    The new balance is: £153,324.41.

    ^dk^
  • Erm....where is everyone?

    Has been awfully quiet on this thread... :whistle:
  • shala_moo
    shala_moo Posts: 3,272 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Well done DK £4k .:j. I know i'm struggling to find extra money at the moment with it being xmas and with a new house.. I hope to start going great guns next year and throwing everything i have at it..

    Won't be on here a lot until we get broadband fitted (6th Jan :eek:)so hope eveyone has a great xmas and new year xxx
    Mortgage amount at 31/12/2011 £166,050 now £0 as at Sept 21 - 15yrs 4 months early.


  • Tony_R
    Tony_R Posts: 280 Forumite
    PPI Party Pooper
    Well done on the £4k overpayment.

    Apologies for not updating here. I did make an overpayment earlier this month for £552. I think I'll probably have to skip next month though.

    Have a nice Christmas.
    MFW 2015 - #88 £3,345 / £3,500
    MFW 2014 £2,990,MFW 2013 £7,905, MFW 2012 £12,216
    Opening Mortgage Balance (15th July 2010): £200,999
    Current Mortgage Balance(2nd July 2015): £150,999
    Total overpayments to date: £30,292.00
    Updated 19/05/2015
  • Tony_R wrote: »
    Well done on the £4k overpayment.

    Apologies for not updating here. I did make an overpayment earlier this month for £552. I think I'll probably have to skip next month though.

    Have a nice Christmas.

    Thanks. You have a mice Christmas too.
  • Peonie
    Peonie Posts: 1,471 Forumite
    Hi,

    Just got confirmation of the overpayment of £4,000...2.54% knocked off the total. :)

    The new balance is: £153,324.41.

    ^dk^

    Well done, that's a massive overpayment.
    Pots: House £6966/£7100, Rainy day Complete, [STRIKE]Sunny day £0/£700[/STRIKE], IVF £2523/£2523, Car up-keep £135/£135, New car £5000/£5000, Holiday £1000/£1000, MFW #16 £2077/£3120
    MFiT3 #86: Reduce mortgage from £146,800 to £125,000
    Mortgage Sept 2014: £135,500, MF Oct 2035 Peak July 2011: £154,000, MF July 2036
  • Peonie wrote: »
    Well done, that's a massive overpayment.
    It is, but the last one I made was in January...hoping to make them every month from now on.

    I have a plan from the start of next month, and will be hoping to be much more active on the OP front.

    Good luck to everyone in 2012!
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