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2018 Mortgage-Free Wannabes

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Comments

  • Rochie88
    Rochie88 Posts: 1 Newbie
    Since reading these posts I have decided to overpay my mortgage by £160 a month and if I keep the payments up it will reduce my 33 year year term mortgage by 8 years! Amazing
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    [FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]No [/FONT][/FONT][/FONT][/FONT][/FONT][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]27[/FONT][/FONT][/FONT][/FONT][/FONT][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot] with an o/p of [/FONT][/FONT][/FONT][/FONT][/FONT][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]£42.04[/FONT][/FONT][/FONT][/FONT][/FONT][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]
    [/FONT][/FONT]    [/FONT]    [/FONT]    [/FONT]
    [FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]Making Total so far £2552.38[/FONT][/FONT][/FONT][/FONT][/FONT][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]
    [/FONT][/FONT]    [/FONT]    [/FONT]    [/FONT]
    [FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]Thanks Hiddenshadow[/FONT][/FONT][/FONT][/FONT][/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
  • Kittenkirst
    Kittenkirst Posts: 2,468 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Rochie88 wrote: »
    Since reading these posts I have decided to overpay my mortgage by £160 a month and if I keep the payments up it will reduce my 33 year year term mortgage by 8 years! Amazing

    Fantastic Rochie- the calculators really show what a difference you can make!

    Are you going to sign up to this challenge with a pledged total
    For 2018? :D
    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!!!!!!
  • pavlovs_dog
    pavlovs_dog Posts: 10,223 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #22 with a February update

    Built in OP of £410.03 + £200 to give a total of £610.03, or 18.5% of target.
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • erin_transport
    erin_transport Posts: 964 Forumite
    Part of the Furniture 500 Posts
    2018 MFW #138
    £350 payment today
    £400 & £350 for Feb
    Total to date £1350/£6500
    On a mission!

    2018 & 2019 MFW #138

    On babystep2 (#DR)
  • jenni_fer
    jenni_fer Posts: 529 Forumite
    Part of the Furniture 500 Posts Name Dropper
    #160

    tester payment of 5.68 followed by a decent £4770.
    total for Feb (and YTD) therefore £4775.68
  • Blibble
    Blibble Posts: 503 Forumite
    Fifth Anniversary 100 Posts Name Dropper Combo Breaker
    #163 reporting a further OP of £80.00 this month

    £505.23 total for the month.
  • Urbanshyne
    Urbanshyne Posts: 105 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    Howdy,

    No. 171 reporting an additional OP for February of £12.27.

    Total for Feb £1276.30.

    Thank you.
    Neither a borrower or lender be; for loan oft loses both itself and friend.
  • girl_afraid
    girl_afraid Posts: 82 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 23 February 2018 at 4:50PM
    No 82 with my last overpayment of £6020.44, thats my mortgage paid off now 13 years early :) Thanks for the encouragement along the way and good luck everyone!
    MFW 2014 #82 £2000 / £2000 MFW 2015 #82 £1200 / £1000
    MFW 2016 #82 £1200 / £1000 MFW 2017 #82 £2350 / £2000
  • anna42hmr
    anna42hmr Posts: 2,898 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    girl_afraid wrote: »
    No 82 with my last overpayment of £6020.44, thats my mortgage paid off now 13 years early :) Thanks for the encouragement along the way and good luck everyone!

    well done bet thats a great feeling!!
    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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