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2018 Mortgage-Free Wannabes

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  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Also, if possibly I'd like to adjust my goal for the year. I'd love for us to pay off 10% of our mortgage this year, which would need overpayments of £13,400 total. It's a real stretch, but I'd like to give it a shot :)
  • #177 with an OP of £600 for June £600 for July and £200 for August

    Thanks!
  • Hi,

    First post, but figured it was about time to put it in writing and start the slog to being MF!
    I hope this makes sense?

    MFW start date: 20th May 2018
    Mortgage start date: 1st Nov 2017, £195,388

    Current mortgage: 1st August 2018, £187,626
    Starting overpaying: 1st May 2018, £50 per month regularly
    Overpayment increased to £150 per month from 1st September 2018

    Once we finish the house refurbishment, I'll be aiming to pay additional chunks off and set a target for 2019.

    Good luck to all!
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Pawlala

    #169 reporting my August payment of £1,684.92 made up of capital reduction from monthly payment and an overpayment. Total to date of £10,344.62/£12,000. This will be my only overpayment this month as I've pinched some from my small contingency fund as I should get a work bonus next month to top back up.

    Good luck everyone for August overpayments :D
    The spreadsheet makes that Total to date of £10,344.58/£12,000. I know its only 4p off but can you check your figures if you're in any way itchy about it! :rotfl:
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi #175

    Still only managed 40.1 each month from April to August. Making 320.8 total so far this year.

    Thanks
    FYI you are #174 not #175 :p
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Kempton wrote: »
    Hi,

    First post, but figured it was about time to put it in writing and start the slog to being MF!
    I hope this makes sense?

    MFW start date: 20th May 2018
    Mortgage start date: 1st Nov 2017, £195,388

    Current mortgage: 1st August 2018, £187,626
    Starting overpaying: 1st May 2018, £50 per month regularly
    Overpayment increased to £150 per month from 1st September 2018

    Once we finish the house refurbishment, I'll be aiming to pay additional chunks off and set a target for 2019.

    Good luck to all!
    you are #184 if you want to give me your 2018 target and confirmed monthly payments :cool:
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Thanks for the update pawlala! :heart2:
  • beanielou
    beanielou Posts: 95,697 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Mortgage-free Glee!
    Thanks Pawala for all your hard work :)
    I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.

    Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
    "A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.

    ***Fall down seven times,stand up eight*** ~~Japanese proverb.
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    One debt remaining. Home improvement loan.
  • Number 81 checking in with an August OP of £1050 please pawlala

    Thanks :)
  • f0xh0les
    f0xh0les Posts: 7,626 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    I'm on target for the first time this year!!

    Thanks for the updated spreadsheet Pawlala
    4/10/22One Year Mortgage Free Yay!
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