2018 Mortgage-Free Wannabes

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  • Cherryfudge
    Cherryfudge Posts: 10,052 Forumite
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    HS hasn't updated since the beginning of June but was then in the process of selling a house so hopefully has just been busy with that.

    HS, good wishes from me too, I hope all's going to plan?
    I think a bit of sunshine is good for frugal living. (Cranky40)
    The sun's been out and I think I’m solar powered (Onebrokelady)

    Fashion on the Ration challenge, 2024: Trainers 5 coupons. 5/68
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  • wishingthemortgaheaway
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    Thanks for the update Cherry.
    I do hope all is well.
    Outstanding mortgage: £23,181 (December 19)
    MFW 2020 Challenge Member #10 0/£2318
  • f0xh0les
    f0xh0les Posts: 6,878 Forumite
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    edited 29 June 2018 at 7:11AM
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    Hi Hidden

    #65 calling

    When you are able, my stats should read:
    April £ 694.34

    May £1442.06

    June £745.05

    Onwards into July!
    4/10/22One Year Mortgage Free Yay!
    NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 No Turtle gets left behind.[/b]
    ******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******
  • pawlala
    pawlala Posts: 1,416 Forumite
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    #79 reporting total overpayments for June came to £882.39

    Thanks and have a great weekend everyone! :D
  • becky170
    becky170 Posts: 857 Forumite
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    Hi, no.7 here with an overpayment of £300 for June. Think we're going to miss our target for the year as I'll be off on maternity leave for the latter part of the year, but we'll continue to overpay as much as we can :)
    Mortgage-free wannabe #66 £105/4000
  • wishingthemortgaheaway
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    Morning all.
    Number 162 reporting in

    June's op is in: £258.17

    Slightly under the target of set myself, but still on track for all my random 'keep me motivated' targets.

    Happy saving in July everyone -
    My mop pot target for July is £215.

    Wish.
    Outstanding mortgage: £23,181 (December 19)
    MFW 2020 Challenge Member #10 0/£2318
  • jackieblack
    jackieblack Posts: 10,317 Forumite
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    edited 30 June 2018 at 10:34AM
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    #4
    Total OPs for June = £59.82
    (and OPs for May were £232.73)

    If it's not too much trouble, I'd like to increase my target to £840 please.

    We're at the halfway point through the year (already!) and I'm doing better than I expected. According to my online statement my mortgage interest has been approx £420 to date, so if I can OP £840 during the year it means that the whole amount of my normal monthly payments will be reducing the capital amount owed.
    I appreciate that these are not huge numbers to some, but I have a low income so it's as meaningful to me as some of huge (to me) amounts others are OPing are to them.

    Thank you Hiddenshadow
    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 (offset): 2018 £866.89, 2019 £1322.33, 2020 £1337.07,
    2021 £1250.00, 2022 £1500.00, 2023 £1500
    Target for 2024 (offset) = £1200, YTD £460
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  • Maybe_its_because
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    Hi,

    Change of plans for us.
    We’re downsizing our mortgage by leaving the bright lights of London for a quieter life in the country.
    We’re restricted to a 10% OP for the year so please would you update our target for the year to £18,600 as we’d like to attempt the 10%.

    In the meantime, June’s OP is £3,000

    Thankyou

    MIB #10
    MFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k
  • Kittenkirst
    Kittenkirst Posts: 2,563 Forumite
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    #4
    Total OPs for June = £52.28
    (and OPs for May were £232.73)

    If it's not too much trouble, I'd like to increase my target to £840 please.

    We're at the halfway point through the year (already!) and I'm doing better than I expected. According to my online statement my mortgage interest has been approx £420 to date, so if I can OP £840 during the year it means that the whole amount of my normal monthly payments will be reducing the capital amount owed.
    I appreciate that these are not huge numbers to some, but I have a low income so it's as meaningful to me as some of huge (to me) amounts others are OPing are to them.

    Thank you Hiddenshadow

    That's fantastic numbers JackieBlack- how pleasing if you are able to OP your yearly interest :j
    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!!!!!!
  • jackieblack
    jackieblack Posts: 10,317 Forumite
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    That's fantastic numbers JackieBlack- how pleasing if you are able to OP your yearly interest :j

    Thanks!
    I've just been able to make another little OP :j so have updated my June total

    Only small amounts, but every little bit adds up :)

    It would be very pleasing indeed if I am able to OP my yearly interest, and very motivating knowing that the direct debit for the regular monthly payment will then go straight off the capital :)
    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 (offset): 2018 £866.89, 2019 £1322.33, 2020 £1337.07,
    2021 £1250.00, 2022 £1500.00, 2023 £1500
    Target for 2024 (offset) = £1200, YTD £460
    Quidquid Latine dictum sit altum videtur
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