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2019 Mortgage-Free Wannabes

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Comments

  • taka
    taka Posts: 3,483 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 3 July 2019 at 9:12AM
    Well done everyone! :beer:
    #51 Just transferred over £64.74 for July's overpayment bringing me to just below £9k left on my mortgage! :j

    Now fighting the urge to raid all my savings pots and just pay the thing off... :o I know it doesn't make financial sense to do so but it is getting harder and harder to resist. (low int rate, ability to borrow overpayment pot back, payment holidays etc not to mention some spendy plans such as replacing windows and learning to drive & buying a car in the next year or 2 and the fact that some of the money I would use should be invested for retirement mean its a bad idea :o) It'll be 25yrs since I received my original mortgage next month and that had been my original MF date when I started to overpay over a decade ago so its on my mind a lot. Arghhhhh! Step away from the spreadsheets! :rotfl:
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
  • OS_QS
    OS_QS Posts: 339 Forumite
    Hi no 143 here!


    Just made an overpayment of £2500.


    Total Mortgage payments this year to date is £19,500 and amount owed down to £20,300. Yesterday marked exactly halfway through the year, so pretty pleased i have almost halved my mortgage debt. now to tackle the remaining £20k outstanding in the remaining 6 paydays before 2020 :)


    its all go!
    Mortgage debt : -£17,000
    2019 overpayments : £23,000
  • darcyboo
    darcyboo Posts: 105 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    #95 reporting in with a further July OP of £50, taking the total to £100 for July.

    Received some cash bank from new insurance policy, thought I better put it to good use on the mortgage before it disappears on nothing in particular!
    2021 MFW #130. Target: £300/£2500
  • Rainbowsky
    Rainbowsky Posts: 34 Forumite
    Ninth Anniversary
    Hi Julicorn
    I forgot to ask in my last post, could you please up my target to £5000, sorry for the extra work but would be much appreciated :)
    Many thanks
    #34 Kate
    MFW #34 2020 £1000/£4000
  • greent
    greent Posts: 10,787 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #18 reporting in with June's OP of £446.47


    Thank you, juliecorn :)
    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 All

    #46 reporting in with a July OP of £1043. I may slow down a little over the next couple of months as I want to ensure I have enough cash to do the house and I'm slightly changing focus to invest more - first payment this month into my Vanguard LS account!

    I've already hit my target for the year, at £9436.18 so I'm not in a bad position - I may up it a little after Summer.

    Good luck everyone

    MM
    xx
    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!!!
  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    Good afternoon all what a lovely sunny day.
    #44 with an over payment for July £262.00 total so far for July now stands at £307.00.
    Thank you Julicorn
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #8 with an OP of £2,010.36 for July, £32,386.18 for the year so far. Onwards and downwards, 10 months to go :)
  • MoneyMission
    MoneyMission Posts: 652 Forumite
    Part of the Furniture Name Dropper Combo Breaker
    Number 39 here reporting in with a July OP of £246 please.

    Well done everyone and thank you Juliecorn :)
    MFW Challenge 2019 - £2,420 / £2,420 - 100% :T
  • pinkfluffybabe
    pinkfluffybabe Posts: 2,989 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    #64 reporting an overpayment of £15.54 for June.
    Not buying unnecessary toiletries 2024 26/53 UU, 25 IN
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