2019 Mortgage-Free Wannabes

Cherryfudge

I've just topped up my mortgage OP for July so my new July total is £314.43.

Nearly down to £3,000 owing now... exciting!

FIREdoc

#89
catch up!!

£579 OP April
£579 OP May
£829 OP June
£579 OP July

Not quite where I wanted to be but it's progress!

wishingthemortgaheaway

Cherryfudge wrote: »

I've just topped up my mortgage OP for July so my new July total is £314.43.

Nearly down to £3,000 owing now... exciting!

£3k, that's amazing.
That's 10 months at your op rate, but I'm guessing much quicker than that with 'normal' payments being made as well.

Cherryfudge

wishingthemortgaheaway wrote: »

£3k, that's amazing.
That's 10 months at your op rate, but I'm guessing much quicker than that with 'normal' payments being made as well.

Thanks, wishingthemortgageaway - it's been a while coming as we couldn't afford to overpay for a long time, then did so for a year or so, then life got in the way again and we've added to the mortgage twice - but the home strait feels good even if it could in reality have been sooner.
What's really nice is seeing the interest rate get smaller and smaller every month. A couple of months ago it was £14, now it's £12.

I'd just like to say to you all - those little overpayments, the odd bit here and there: it all adds up.

OS_QS

No 143 here,

final OP for July, just made a payment of £500.

rounding our payments for the year to date to a nice round £20,000.

interestingly our overpayment borrow-back pot now sits at a few pounds over £90k! crazy to see such a high number, and how much it all adds up keep chipping away!

I have 6 more pay days before 2020...(get paid tonight ) and £20,000 to clear the mortgage for good :j

wishingthemortgaheaway

July hasn't gone as well as I'd hoped -
A boiler scare means we are diverting £100 a month into a 'new boiler' pot and reduced over time and expenses has impacted on my ability to over pay so:

#28 with a July overpayment of £180.70.

Many thanks
Wish.

Cherryfudge

wishingthemortgaheaway wrote: »

A boiler scare means we are diverting £100 a month into a 'new boiler' pot and reduced over time and expenses has impacted on my ability to over pay.

I would have said that was a very good use for the money - and once the boiler is bought you will be able to go back to Plan A. Much better than having a boiler crisis and emergency call outs to pay in the middle of winter.

Cherryfudge

Pay is in! I've just made my first August overpayment of £200. Determined they won't charge me more interest than's necessary.

That's for no. 30 please.

shangaijimmy

#75 reporting in with an OP total of £190.06 for July.

We've had a major shift in focus from OP's to pensions and diverted monies previously allocated for OP. So a slowdown in MFW plans but still heading in right financial directions!

Runders

HI Julicorn/all,

Seeing as it's pay day I've already started on my August OPs.

#109 with an overpayment of £162.61 for August

Thanks