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2019 Mortgage-Free Wannabes

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Comments

  • Suffolk_lass
    Suffolk_lass Posts: 10,318 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #37 - our July OP can be updated to reflect the scrapings now (ahead of the MFiT-T5 reporting deadline, to be honest). £467.64 + £613.10 so £1080.74 OP please juliecorn.
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My new diary is here
  • MiffyMFW
    MiffyMFW Posts: 41 Forumite
    Sixth Anniversary Combo Breaker
    julicorn wrote: »
    Congratulations for hitting your target. :) Would you like me to increase it for the remaining months?

    No thanks, not at the moment - just had the car serviced and it needs some significant work which will hit our ability to overpay for a few months :(
    Mortgage balance £21,251.37 2 Oct 2019
    Mortgage balance £63,086.48 24th Mar 2015
    Original mortgage end date Aug 2033, aiming for Jan 2022
    2019 MFW #132 £4350/£3000
  • #56 here - £781.27 overpayment for July made. So close to my target now
    May need to take an OP break next month. I have had my hallway painted (£300) I want a new front door & bi-fold doors in the lounge.

    In order to fund this I have cancelled my desires for a family holiday abroad - doors will last longer won’t they...

    Have also been doing some sums - our mortgage was 308k when we took out a 10 year fix in 2013. When it runs out I’m expecting us to owe < 150k - and hoping that will clear faster as the % interest should be lower as we pay more and more off?
    Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #35
  • CosmoCat
    CosmoCat Posts: 681 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Hi there, #116 here, just alerting you to the change in username. Could you please change the spreadsheet. Thanks!
    MFW Newbie - #17. (#116 in 2019)
    New Mortgage at Nov 19 - £273 499
    Current Balance - £268 225
    Want to cut down 26 year mortgage by 9 years!
    New MF date 2036 :dance:
  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    Good evening all
    #44 with a small £10.00 over payment total for July now stands at £1,041.00
    Thank you Julicorn
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • No 72 reporting in with an overpayment of £100 made today for July. Will keeping on plodding on.
  • #107 and I've just paid off another £150 for July (making £250 in total for July so far). Friday (overpayment day!) is my favourite day each week!
    Thanks for updating. :)
    Original mortgage total: £140,000.00 (July 2015) Original mortgage end date: June 2040
    Mortgage free start date: 16th October 2018 Mortgage total at this point: £132,829.12
    Current mortgage total: £54,762.71 Current mortgage end date: June 2032 Daily interest: £7.59 > £2.64
  • kitjos
    kitjos Posts: 223 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    edited 13 July 2019 at 11:35AM
    Happy weekend everyone :D. Love seeing all the OP's, this group is amazing :T

    #14 with OP of £200 please Julicorn, total of £300 for the month so far.

    At £96,160.77 now.... so i obviously HAVE to find another £160.78 by the 31st :rotfl: - should be doable. Will be nice to be in the 95's. I'm sure others are this particular, lol.

    Thanks Julicorn for all your effort & hard work :beer: xxx
    "Don't underestimate the value of financial security"


    Wanting to be mortgage free by 45. £155,000 start / £86,880 currently

  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    #45 checking in Julicorn.

    I'm back with my mid-month update.

    We had a cheeky overpayment to round down at the beginning of the month, have my usual SO OP set to leave in the morning £63.11 so including that in this post ready, today I have made my usual extra OP £135 and finally got my credit balance refund from my energy company when I ditched/switched so have rounded that up to £300. Total July payments £518.73 :j :j

    Jan - June £1197.61
    July £518.73

    YTD - £1716.34

    Thank you Julicorn :D
    Dobbi
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    If you can't be the best -
    Just be better than you were yesterday.
  • Good afternoon all

    Lovely and sunny here.

    I've gone into my savings again as I've set myself a plan which hopefully clears my mortgage by January 2025 - this will be 11 years early. It is very challenging, but I'm going to be really frugal.

    Mid month update for me #81 An extra £485 which makes £2044.43 for the month Definitely last payment until August. Thanks Julicorn :)
    Blitz that mortgage
    Jun 2016 £152,000
    April 2021 £85,000
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