2018 Mortgage-Free Wannabes

anna42hmr

julicorn wrote: »

That's fantastic, well done! :j :beer: What a great milestone to hit.

Thanks, still a way to go but really pleased with progress so far!

f0xh0les

anna42hmr wrote: »

this payment will take me down to the next 10K bracket of the mortgage balance too!

:T:T:T:T:T:T:T:T

Inspirational. Well done you. I am trying to break the £100k mark by Xmas.

Good luck and best wishes to all who are aiming to get down to the next £10k bracket in 2018 - you are not alone.:rotfl:

anna42hmr

f0xh0les wrote: »

:T:T:T:T:T:T:T:T

Inspirational. Well done you. I am trying to break the £100k mark by Xmas.

Good luck and best wishes to all who are aiming to get down to the next £10k bracket in 2018 - you are not alone.:rotfl:

Thanks and good luck to you as well :beer:

Maybe_its_because

Hi,

After a very busy couple of weeks selling our old house, buying a new house, starting renovations and finding a temporary home to live during the renovations - we have been able to make an overpayment

Porting our old mortgage meant we would we reset the 10% (unbeknownst to me)
The new mortgage value is higher than expected as the solicitor mistakenly paid an early repayment fee. But let’s pretend it’s to our advantage as it meant the starting balance was higher - therefore so is the 10% limit. We’ll get the refund back.

In the meantime I’m reporting a August overpayment of £18,198.
Therefore smashing any targets we had and a new 2018 total of £22,587.

So, Pawlala, would you mind updating our figs.
We aren’t able to make any more official OPs for the year but I’m going to call the ERP refund an OP when it arrives (don’t know how much) So expect one more update from us before the year is out.

Thankyou

MIB xx

Durban

175 here with £273 overpayment for August.
Many thanks again

EagerLearner

Hi everyone I would like to join in and have just set a diary up on MFW to keep me motivated.
We have overpaid a bit and now want to do so into the offset account we now have.
I aim for £300 a month min.

Cherryfudge

Maybe_its_because wrote: »

August overpayment of £18,198.

MIB xx

Not often you see that!!! Great start to your new home, hope you'll be very happy there.

And to reinforce what pawlala said about contacting your 'neighbour' on the spreadsheet if they haven't posted for a while... I had a really nice note back from mine. It's good to know the mortgage-free garden fence is chat-over-able, (IYSWIM) and a bit of encouragement can help someone else make overpayments. I know there was a time when I could have made them and didn't because life was a bit too much to cope with, but I got back on board later and feel as though the finishing post is in sight. So just seconding what you say, pawlala - cheer your neighbour on if you can!

[Deleted User]

No 81 here with apologies to pawlala for the extra work but I’ve managed to find £1050 to meet this years target

Over the last year it has meant no new clothes, lunches out, haircuts and all the things I took for granted but it’s sooo worth it as I can see the light at the end of the mortgage tunnel, just wish I had seen the light earlier lol

pawlala

EagerLearner wrote: »

Hi everyone I would like to join in and have just set a diary up on MFW to keep me motivated.
We have overpaid a bit and now want to do so into the offset account we now have.
I aim for £300 a month min.

Welcome #185
:T
I've put your target as £1800 (300x5 months left of the year) unless you tell me different

VDOT47

#9 reporting in for August - £559.27 overpayment


I notice that #10's overpayment for this month (of £18k) has accidentally been put against my number on the spreadsheet!