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2018 Mortgage-Free Wannabes

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  • Poppycat1
    Poppycat1 Posts: 376 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Number 25 declaring last figures for 2018.

    Added an extra £150 in November making £2,250.00.
    December overpayment totalled £1,050.00

    Total overpayment for 2018 £11,249.90.

    It would of been it bit more but I thought my 10% overpayment amount ended on the 1 year anniversary of getting the mortgage. It seems it's 31st December.
    Without overpayments: 15 years, 1 monthsBecause of overpayments: 10 years, 10 months left until paid off
  • #166 declaring £1250 for 2018 going to have to up my efforts this year!
    No more toys til Xmas 2022 , mfw 2023 challenge , Trying to not waste food , time or money and appreciate the moment more!
  • Simon1999
    Simon1999 Posts: 14 Forumite
    Seventh Anniversary Combo Breaker
    #13 reporting for my final O/P for December 2018.
    It was a tough month and could only manage £235.22.

    Thank you.
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    bit_by_bit wrote: »
    #164 final overpayment for 2018 is £145 which brings my overpayment total to £1555.17/£3200
    spreadsheet says final total is £1180.34, let me know what changes are required to match your total :)
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Sorry for the lack of updates!


    #155 declaring a total for the year of £16,050.25


    Now most of this is "virtual" overpayment stashed away in higher interest accounts. Actual overpayments breaks down as:


    January £170.05
    February £170.05
    March £170.05
    November £270.05
    December £270.05


    Plus we have an overpayment pot of £15,000. I hope this counts. Way exceeded our target of £6,000 so well chuffed.
    I've put your OPpot in pride of place in July! :D
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 3 January 2019 at 7:25PM
    Pleased to announce we smashed £750k for 2018

    Running total is:

    £763,973.25
    :T:T:T:T:A:A:cool::cool::D:cool::cool::A:A:T:T:T:T:T
  • jackieblack
    jackieblack Posts: 10,505 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    pawlala wrote: »
    Pleased to announce we smashed £750k for 2018

    Running total is:

    £763,973.25
    :T:T:T:T:A:A:cool::cool::D:cool::cool::A:A:T:T:T:T:T
    Well done everyone! :T :T


    And many thanks hiddenshadow and pawlala for keeping the spreadsheet updated and everyone on the straight and narrow! :beer:
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
    2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £1350
    2025 target = £1200, YTD £9190
    Quidquid Latine dictum sit altum videtur
  • pawlala wrote: »
    Pleased to announce we smashed £750k for 2018

    Running total is:

    £763,973.25
    :T:T:T:T:A:A:cool::cool::D:cool::cool::A:A:T:T:T:T:T


    Absolutely amazing everyone! So inspiring! Thanks for running the thread :)
    "Everything comes to him who hustles while he waits" Thomas Edison
    Following the Martin mantra "Earn more, have less debt, improve credit worthiness" :money:
  • #168 - reporting end of year amount - £6,000 offset! Yay :j:j

    Got locked out of my account so Poorlittletightgirl is now Bargainhunter30!

    Well done everyone :beer:
    Mortgage start date Nov 2014  - £90,545 over 25 years
    Re-mortgage Oct 2017 - 78,295 over 23 years
    Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
    Current Mortgage Outstanding Middle December 2020 - £
    47893.35 - a reduction of £42,652 in just over 6 years!  


  • #27 Last and Final O/p for December, and 2018 and for ever ;)

    £181.85:)

    I am now officially MF :j as from 21.12.18 :dance:

    Thank you, Thank you, Thank you, this thread has been a massive help and focus for me
    in reaching my goal.
    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
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