2018 Mortgage-Free Wannabes

lindez

Morning all
#44 with a OP for October
£38.22 .
The house is a good idea I have seen posts on the forum but I never knew how to make one thanks cod3.

NewMoneySaver13

Hi hiddenshadow,

MFW No 86 reporting in with an OP of £325 for the month of October.

Thanks

pawlala

Quote of the month:

Cherryfudge wrote: »

an overpayment is an overpayment... it means you're beating the system.)

pawlala

Urbanshyne wrote: »

Hi Pawlala,

No.171 with £2500 over payment for October.

Cheers.

Target reached, did you know?

pawlala

kitjos wrote: »

Hello Pawlala. Could i also join this challenge please? . Even just a few months till end of year will help me. Any number will be lovely. Our mortgage at £101,650 so can i put my 2018 OP total at £1,700 please? This will get us sub 100k then .

Hope this is ok and many thanks xx

Welcome #14!

pawlala

Lisaloppylulabell wrote: »

Hi
Massively late to this years party lol but am wanting to get the ball well and truly rolling for 2019! I have looked into our mortgage and we can only overpay 10% of the outstanding balance. That doesn't really help reduce the length of the mortgage by much at all (about 4 years). How do we get around this or is this the only option we have apart from paying up in full?

Sorry, probably a really basic question but I'm new to all this and gathering as much info as I can.

thanks x

welcome #52! What's your 2018 target?

pawlala

cod3 wrote: »

May I join?


Only a small mortgage, but I never seem to have anything left at the end of the month to overpay. Have recently overhauled the budget so I hope to o/p the allowed 10% in a lump by the end of the year. That will be £2,200.

welcome #53!

pawlala

beanielou wrote: »

£4 TODAY!
Every little helps!
No 144

I'll take your end-of-month figure if you don't mind, much more straightforward!

pawlala

And mine:

#79 reporting total overpayments for September came to £630.73

pawlala

YTD £580,389.89

So far our combined efforts have earned us this Handsome Period House on the outskirts of Scarborough.

https://www.rightmove.co.uk/property-for-sale/property-74866466.html

We'd knock the price down for lack of games room, though.