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2018 Mortgage-Free Wannabes
Comments
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Is it too late to join for this year?
Mortgage at 1/1/18 was c£262,000 (not got exact figure to hand) and the aim for 2018 is to overpay £20,000 (helped by a large overpayment already made in January thanks to a money transfer of £10,800).
January update - Overpayments of £11,705 (this figure includes an approximation of what the overpayment created by my standard DD is due to the slightly reduced interest each month - how do people normally calculate this?).Original Mortgage (Feb '17) £269,995
Current Mortgage (End 11/19) £226,790
End Date November 2039 Original End Date February 20420 -
#162 sneaking in with a mop pot of £124.36 for January.Outstanding mortgage: £23,181 (December 19)
MFW 2020 Challenge Member #10 0/£23180 -
Hi all,
#20 with a total of £417.42 for January
Really pleased as it means the op this month covered tbeinterest in full!First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!0 -
Hi
No. 134 reporting a February OP of £540
Thanks0 -
No 112 with an OP of £995 for February
ThanksNew House... New Mortgage! February 2017: £144,000 :eek:
Current Mortgage Balance: £96,440.99
2017 OP's:£5,935 2018 OP's: £11,956.00 2019 OP's: £11,988 2020 OP's: £1,998
Total Debt[STRIKE] £29,209[/STRIKE] £0 :j:j:j Debt free 6/8/160 -
Morning!
#46 popping in with a feb overpayment of £885.71.
Extension is due to start in March, so I think this might be the end of the big OPs, and probably will scale down to the normal OP. We shall see.
Thanks all
MM xMortgage 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!!!0 -
#172 checking in here - Goodness, that month dragged, glad to see February!
Have ended the month with another overpayment of £1450, so that's a total for January of £2125. Need to pick it up for next month, but January is always a lean month for us.0 -
#179 reporting in with an overpayment so far of £600. It's a start!
Happy February everyone! There are some fab figures being reported already!!0 -
Hi all
No. 37 reporting standard OP for February of £160.21. Will be back at the end of the month with more.
Thanks hiddenshadowMFW #37 2018 £1371.67/£2664 (51.5%) (2017 £2647.97/£2664 (99.4%)) Original End Date Dec 2038 Now November 20360 -
Hi all. Number 7 here with an overpayment of £304 for Feb. Thanks hidden!Mortgage-free wannabe 2025 £571/30000
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