The £100,000+ Mortgage Club

Engeroosi

December 2013 I hope to be under 100K, no reason why I can't so look forward to the test!

Lois_E

Just bumping this thread because I mentioned it to Peonie, and it'll be easier for her to find if it's not languishing on page 11!

I don't quite qualify to join you on this thread - my total house-borrowing is "only" a little under £93k, but I'm in this for the long haul because there's only one of me and I only work part-time.

Best wishes to all of you. Here's hoping all our mortgages come down faster than we expect.

mouche

Hi I'd like to join - got my first mortgage 2 weeks ago and will definitely be here for the long haul though not hopefully not as long as it seems right now.

User Name : mouche
Original Mortgage Amount : £193,000
Overpayments made : £130.72
Outstanding Balance : £192,869.28
Thread : https://forums.moneysavingexpert.com/discussion/3498785

somethingcorporate

I'd like to join too!

Username: SomethingCorporate
Mortgage 1#: Original amount: £193,500 taken out 2007
Overpayments: ~£15k
Current balance ~ £150k

Mortgage 2#: Original amount: £200k taken out May 2011
overpayments: 0
Current balance: £197k.

Age: 27. Here for the duration!

Edit: £350k of mortgage - ouch!

Charlie_H

Hi,

I'd like to join this thread please. Details are in my signature and my thread is https://forums.moneysavingexpert.com/discussion/1984651.
I hope to dip below £100k July 2014 if keep up overpayments.

Charlie H

lobbyludd

fingers crossed I should complete within the next 2 weeks, and then I want to be a member too! just don't want to jinx it all by fully adding my details until that time

Peonie

User Name : Peonie
Original Mortgage Amount : £154,000 in July 2011
Overpayments made : £700 in 1 payment, plus £11,000 extra deposit
Outstanding Balance : £152,189.11 in October 2011
Thread : Peonie's journey to smart money management

Without any additional overpayments we will pass the £100k mark in January 2022, and will be mortgage free in June 2036, a whole 25 years away.

newgirly

Hi, we should go under 100K in dec 2015, however if we get the loft converted it will be dec 2017. We should be paid off in nov 2021 or nov 2023. Its too far away!

mel19632

Hello! I have just been recommended this thread/club by Lois and I would like to join please.

sadly we are still on interest only (and have been since we bought our first house in 2005!)

Our details are:

Oringal Mortgage: £226,000 (including fees)
Overpayments made: To date - none!
Outstanding balance: £226,000
Age: Me 25, OH 29

First payment/overpayment is planning to be made at the end of this month. I'm hopeful to make it £850.

Do we update on here any overpayments?

Mel x

Tony_R

I'm glad to see all the people now in this thread. I created it and, but for some reason didn't subscribe to it, so lost it.

Anyway, earlier this month we made another overpayment of £835.19, which means we've now overpaid by exactly £3,000 in 8 months.

Monday is pay day, so we'll be making another early next week.

Good luck everyone.