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2018 Mortgage-Free Wannabes

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  • Hi hiddenshadow,

    MFW No 86 reporting in with an OP of £325 for the months of November and December.


    That's me done for the year and happy to say my overall target of £3750 was achieved with a little bit extra going in on top to take my grand total to £3900. Best start planning for next year.

    Thanks
  • No 26 with £425 for the month of December...target reached :j:j
    Credit card £4461.15Home mortgage £137117Buy to let mortgage £83,000
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Just made another overpayment of £600, target reached! :j
    Total overpayment for this month so far: £4,600
    Hoping to make another payment on pay day, to get it up to £5k for this month.
  • [FONT=&quot]No 27 [/FONT][FONT=&quot]also checking in[/FONT]

    [FONT=&quot]£5.10 o/p [/FONT][FONT=&quot]for [/FONT][FONT=&quot]November (forgot about the interest I o/p straightaway) that makes[/FONT]

    £250.10 o/p total for November and

    £573.01 o/p for December :D
    [FONT=&quot]Thank you for keeping these totals.[/FONT]
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    All up-to-date, £722,778.33 so far :)

    I think we'll SMASH £750k :beer:
  • We were close to hitting our target, but our house sale went through. 2019, I'm looking at you!

    Huge thanks to pawlala for taking up the mantle of Spreadsheet Updater, and julicorn for signing up for the job next year.

    Congrats on everyone's progress this year!
  • #46 reporting in.

    Last payment for 2018, another £100 paid, totalling £350 for December.

    I don't think there will be any more this year, so I am calling a final OP total of £11,505.16

    Not bad.... Ive also paid off my car @ over £17k and £5k off my credit cards (all @ 0%)

    Sitting back I feel pretty pleased with myself.

    Happy Christmas all!

    MM
    x
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • greent
    greent Posts: 10,782 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 15 December 2018 at 8:47AM
    #18 reporting in - Dec's OP of £424 + total of all the extra OPs throughout the year (from keeping monthly pymt the same even though monthly int required has gone down) of £66 = 490.


    YTD = 8066/7500

    Thanks, pawlala & hiddenshadow :)

    As my original 2018 target was £4k (and I was way behind on that for the 1st half of the year) I'm pleased with the end result for 2018 :D (Won't be repeated at that level in 2019 though, as some monies are being diverted to a big holiday fund) We also paid of almost £19k of debt, paid for a bespoke handmade kitchen (cost was almost twice the amount we had outstanding on debt :o:o) and have helped support 2 of our kids at uni. Pretty pleased with all that - but we had an exceptionally large dividend from OH's co - income level much higher than a standard year
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
  • Hi Pawlala,

    No.171 with a £1250 payment for December.

    This isn't my final payment for December; I'm still waiting for some money to come in.

    Happy Christmas and thank you to both you and Hiddenshadow for running this.

    All the best to everyone for 2019.
    Neither a borrower or lender be; for loan oft loses both itself and friend.
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi, number 105 here with my OP for December and my final one for 2018. This month is my usual £215.26 taking me to £2583.12 for the year. Meaning I am £83.12 over this years target.

    Due to work done at home and less over time this year, have op'd less than prior years but really please to have been able to continue bringing the mortgage down, every little helps!

    well done everyone, i have really enjoyed reading everyones challenge update and here is to 2019!
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
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