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2019 Mortgage-Free Wannabes

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  • #139 checking in with an £8000 OP for October. Thanks Julicorn
    Mortgage start date Nov 2014  - £90,545 over 25 years
    Re-mortgage Oct 2017 - 78,295 over 23 years
    Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
    Current Mortgage Outstanding Middle December 2020 - £
    47893.35 - a reduction of £42,652 in just over 6 years!  


  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    lindez wrote: »
    Hi all
    #44 with an update for October - I have changed last month from interest to repayment and cut the term by 4 years. So this month I am recording my payment as an over-payment to what I would normally pay (interest only). £370.00
    Just catching up on the posts I have not been on for a few weeks since I have been unwell with pneumonia still feel pretty weak but on the road to recovery ( I hope). Everyone is doing incredibly well.
    Thank you Julicorn.
    Thank you for the update, lindez, and I hope you're back to full health soon!
  • Hi Julicorn,


    MFW No.12 reporting in with a £300 OP for the month of October.


    Thanks
  • FTBlalala
    FTBlalala Posts: 71 Forumite
    Second Anniversary 10 Posts
    Yes please Julicorn. New target of £3,000, #78!

    Thanks for sorting :D
    Bought First Home - June 2018 Starting £218,500 June 2020 £203,800.95 :T MFW 2020 #78 - Target £3000 - So far... £2182/£3000
    Ultimate Goal MFW by 40! - 2033
  • pawlala
    pawlala Posts: 1,432 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #22 reporting total overpayments for September came to £506.90

    Thanks and have a great weekend everyone! :D
  • bit_by_bit
    bit_by_bit Posts: 1,155 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    #164 reporting in with a small overpayment of £50.31 in October.

    I hope it to be more nest month as I have no big expected outgoings.

    Current total £1643.24/£3200 I don't think I will make the whole amount this year but there is time yet to make a further dent in it.
    Wife, mother, gardener, nurse, Big C survivor. Officially retired at 55 2021 [/b][/b].Mortgage free April 2021Challenges 2024: Decluttering Campaign 32/100 bags plus 0 large items. Make £2024 in 2024#8 £0/£2024 Using my craft stash 0/52 Reading books 0/52 Donations for the CS/washing done from others (in and outs) in 2024 x 10 bags and 0 large items.
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    bit_by_bit wrote: »
    #164 reporting in with a small overpayment of £50.31 in October.

    I hope it to be more nest month as I have no big expected outgoings.

    Current total £1643.24/£3200 I don't think I will make the whole amount this year but there is time yet to make a further dent in it.
    Thank you for the update! If you would like me to change your target for the year, just let me know :)
    Also, I've got your total so far ever so slightly higher. When you have a minute, would you be able to have a quick look at my updates for you (just in case I entered any incorrectly)?
  • Suffolk_lass
    Suffolk_lass Posts: 10,310 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Number 37 here. It looks as though our total might be just £81.76 for October - I have reduced our regular overpayment by £400 a month so from now on it will be below £100 with the rest as interest and only the ad hoc payments because as we get closer to clearing it (still over £17,000) I want to avoid the early redemption fees and keep our disposable income a bit higher as DH's pension is only a third of his pay.

    I have left the target the same. It makes up for some of the non-reporters, in some small measure!

    Thanks 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
  • ilselm
    ilselm Posts: 132 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    #106 here with a second update in October of a further £250 paid off the mortgage.

    With this payment comes another small milestone as we’re now £100k ahead of where we would be had we not been overpaying and offsetting for the past nearly seven years since this mortgage was first arranged. Still some way to go yet!

    Thanks,

    October total: £2,000
    2019 total: £25,838 / £28,000
  • #119 checking in with an OP of £500, making total OP for October £1345.82.

    Thanks Julicorn!
    01.05.2019 - Re-Mortgage - £142,000 :eek::eek::eek: Total overpaid to date: £15,584.33.
    MFW #52 £9000/£12000
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