2019 Mortgage-Free Wannabes

miss_undastood

#56 here.

New doors bought and installed. Whoop.
£3781.27 saved this month - cashing in a share plan helped massively.

Think that should make me reach my target with up to 3 ops still to come. Amazing, I can’t believe I have managed it!

Thanks julicorn - expect some more OP’s soon!

Rainbowsky

Morning all,
#34 reporting in with another OP of £200 making a total of £560 for September, that's probably it for this month but loving that mortgage balance is now less than £5000 :j I'm sure I wouldn't have done so well if it wasn't for this board and all it's members :T thanks guys.

Sugarplump

#50 checking in with an overpayment for September of £883, taking my total for the year to £1433

YouWithTheSadEyes

#79

£40 sent to the mortgage.

Thanks for updating.

Bracelovers

Evening, [COLOR="bla[COLOR="black"][/COLOR]ck"]#69[/COLOR] a little update another £250 overpayment which means to date we have overpaid by £2000 so far this year.

Hoping to pay extra over the next few months our new plan is to sort the house out and move in 18 months time.

We would like to have 100k left so some divine help would come in handy!!

lindez

Good evening all.
#44 with September update £300.00 over payment made. I have changed my mortgage from interest to repayment and reduced the term from 9 years 6 months to 4 years 6 months. It mean the payments will go up and I may not now be able to overpay as much as I wanted but still aiming to reach target for this year.
Well done everyone it is great reading the posts.
Thank you Julicorn.

Suffolk_lass

lindez wrote: »

Good evening all.
#44 with September update £300.00 over payment made. I have changed my mortgage from interest to repayment and reduced the term from 9 years 6 months to 4 years 6 months. It mean the payments will go up and I may not now be able to overpay as much as I wanted but still aiming to reach target for this year.
Well done everyone it is great reading the posts.
Thank you Julicorn.

Gosh you are brave - I have been on an interest-only mortgage since we moved here in 2004 so my overpayments are all that gets paid over. I often considered reverting to repayment but I have not - I compromised and set a monthly sum (it has been £500 since Jan 2017 but I have just reduced it to £100 from October) - we will be using the Tilly Tidies to pay down from now on, with a BS Bond that will pay out in just over a year.

lindez

Suffolk_lass wrote: »

Gosh you are brave - I have been on an interest-only mortgage since we moved here in 2004 so my overpayments are all that gets paid over. I often considered reverting to repayment but I have not - I compromised and set a monthly sum (it has been £500 since Jan 2017 but I have just reduced it to £100 from October) - we will be using the Tilly Tidies to pay down from now on, with a BS Bond that will pay out in just over a year.

Sufolk lass it was not that I was brave :rotfl: I am 60 now and I had no way of paying it off in the time frame so I thought I would make a lump sum payment which i did last month (August) that came from me taking my pension early (I retried and returned to work just 3 days per week now). I kept 15000 back as my emergency fund. I then thought i must find a way of getting rid of the mortgage I did not want to go till I was almost 70:eek: I will hopefully keep on with over payments though they will be small from next year on wards. I may alter my figures for next years and do what I would have paid in interest only and add the difference for the change into repayment as though I am overpaying if that makes sense it may keep my sane :rotfl:

Bracelovers

#69 here another payent update

£42 extra yesterday so to date £2042, this will bring our mortgage to a round figure of £139000 😎😁

Bracelovers

Bracelovers#69 here another payent update

£42 extra yesterday so to date £2042, this will bring our mortgage to a round figure of £139000 😎😁