2019 Mortgage-Free Wannabes

Lomcevak

Lomcevak wrote: »

#8 with £1004.03 for February, will be a bit more in a week or so.

Another OP of £600 from #8 for February, so £1604.03 for the month in total.


edit: a nice mini-milestone too, it's nine months since I remortgaged and i've paid off just over £30k since then. I'd have paid off less than £5k if I hadn't made any OP's and just stuck to the repayment schedule

Suffolk_lass

Lomcevak wrote: »

Another OP of £600 from #8 for February, so £1604.03 for the month in total.


edit: a nice mini-milestone too, it's nine months since I remortgaged and i've paid off just over £30k since then. I'd have paid off less than £5k if I hadn't made any OP's and just stuck to the repayment schedule

Ooh, well done! Are you aiming for another £10k to maintain the pace for the one-year anniversary?

Suffolk_lass

Number #37 - I have used £20,000 of my retirement TFLS to pay down the mortgage this week. And the regular interest payment (topped up to a nice round £500) has also gone so we are at £20,461.19 for Feb so far. I might eke some more out.

Lomcevak

Suffolk_lass wrote: »

Ooh, well done! Are you aiming for another £10 to maintain the pace for the one-year anniversary?

Pretty much, although it'll slow a bit over the tax year boundary - I have some SIPP and S&S ISA payments to make next month to fully use up this year's allowances, OP's come behind those two in the order of priorities.

I took out a £78k two year fix 9 months ago, plan is to bring it down to virtually zero within the fixed rate period, so £10k a quarter is roughly the right glidepath - will then pay it off on the day it switches to SVR (I'm with FD, so can make 'unlimited' OPs, but can't fully pay off the mortgage early - otherwise i'd pay early-redemption penalties)

YouWithTheSadEyes

#122
First overpayment of February made for £80.

Thanks in advance for updating.

frugal_lass

#19 checking in with a TT of £33.22 which should bring me to £218.83 Feb total
Overall total is in my signature :j

julicorn

frugal_lass wrote: »

#19 checking in with a TT of £33.22 which should bring me to £218.83 Feb total
Overall total is in my signature :j

Hi frugal_lass, I couldn't quite get your figures to add up, could you maybe double check and confirm? I've just added your new Feb total now, but it's slightly off the overall total in your signature.

Rainbowsky

Morning all
Wow we seem to be on a roll this month, well done everyone :T
#34 checking in with a further op of £130.07 making a total for February of £430.07.
Many thanks :beer:

Maybe_its_because

Hi there,

Update for February - £500 OP paid sneaking us down into the £159ks so pleased to have escaped the £160ks. Never to be seen again !

Thanks for keeping things moving in the right direction Julicorn

Cheers, MIB x

dcfc67

My local council collects Council Tax over 10 months so Feb and March are payment free.

I use this money to overpay.

Also do matched betting (limited now as no introductory offers for me) Made over 2K

Just started using Trading212. Very easy way to accumalate money (being referred STEP 1 then referring STEP 2)
Use this money to overpay.
You get between £10-£100 when you join (get refrred) and the same when people use our link. £160 in last 2 weeks for 3 referrals and being referred