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2018 Mortgage-Free Wannabes

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  • My_family_and_Me
    My_family_and_Me Posts: 7 Forumite
    Hi I'm new here but would it be possible to join?

    I need to aim big so would like to make overpayments of £13,000 in the next year.

    Many thanks
    My Family and Me
  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Hello hidden shadow

    I will be joining again for 2018, happy to stick with number 78 if that's OK, and aiming for £5000.

    Thanks for running this again. Roxie
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • jenni_fer
    jenni_fer Posts: 529 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Long time lurker, new job has meant we've had a late surge this year and overpaid most of our allowance so want to try and keep the momentum going next year even though we won't have the same lump sums that helped this year.

    Going to aim to use the full £15k overpayment allowance, mostly through maturing regular savers but also by trying to reign in spending and put an amount aside/through each month. Childcare is our biggest outgoing (1.5 times the mortgage!!!) so as that reduces in September I'm hoping to put us in the position to be able to move house.

    Good luck everyone!
  • f0xh0les
    f0xh0les Posts: 7,624 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    Can I join for 2018 please.

    Any number will do, I am not fussy

    Our mortgage will start the year at £108,400 and I would like to get it down to 100k by the end of 2018 so can I sign up for paying off £8,400 capital + £2,100 interest so £10,500 total

    DH takes care of the payments and I take care of the over- payments so I need to find £345 a month to reduce the daily interest - currently £5.78. Should be a challenge.
    4/10/22One Year Mortgage Free Yay!
    NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 No Turtle gets left behind.[/b]
    ******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******
  • wishingthemortgaheaway
    wishingthemortgaheaway Posts: 2,536 Forumite
    1,000 Posts Second Anniversary
    Hi HiddenShadow,

    Please could I join the challenge?

    I'd like to pledge £2500 overpayment across the year. Bit of a stretch compared to this year's achievements, but this is a challenge after all.

    Many thanks.
    Wish.
    Outstanding mortgage: £23,181 (December 19)
    MFW 2020 Challenge Member #10 0/£2318
  • Mickyh-s
    Mickyh-s Posts: 287 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    Hi, if possible could I have no. 116 please??? I think that is what I had for 2017.
    Mortgage will stand at approx. £96,000.
    I would like to op approx £7,200 in 2018.
    Thanks!
    Mortgage balance as of 21.7.21 - £75,766. (7 yr mortgage on 2 yr fix of 1.32%)Mortgage balance as of 20.8.22 - £58,445.08o/p 2021/2022 = £6,313/£7,500o/p so far 2022/2023 = £5,997/£5,997 Goal 1 - to be under 60k by 20.7.22✔️Goal 2 - to op 10% of mortg by 31.12.22✔️Goal 3 - to pay off mortgage by 7.1.2023 (Subject to sale of btl property)✔️Goal 4 - to pay off cc by end of Jan 2023 - £260.64/£1500Goal 5 - to pay off car loan by 31.8.23 - £1722.39/£10,000
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Darpett wrote: »
    Can I join? I have a tentative target of £3700 which is a bit of a stretch. Don't mind what number I get :)

    Welcome! You're #154. :)
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    MankyVegSoup wrote: »
    I'd like to join please. Aiming for £6000.

    Welcome! You're #155. :)
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    wit40iwtwan wrote: »
    Please can I join - have recently remorgaged and reduced the term by 2 years but want to have a go at reducing the balance ASAP.

    Welcome! You're #156. Feel free to post whenever you know what your target will be.
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    pinkypig wrote: »
    Can I join please? I'd like to reduce my mortgage by £15k in 2018:eek:

    PP xx

    Welcome! You're #157. :)
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