2019 Mortgage-Free Wannabes

MushyPeas

MFW #42

Gosh fab overypayments people! My tax refund has just come from the tax office so I looked at that and then rounded my mortgage down which seems to be a nice approach :-)

Oh and realised I could put it on a credit card, so I'll gain interest in my current account for a bit longer!

Overpayment of £1771.29

Feb total: £2771.29
2019 target: £2771.29/£12000

Mortgage balance should now be £37K

I'm now trying to decide how much to put in savings vs mortgage. How do other people decide? Obviously when I pay off my mortgage that money is 'gone' as in I can't get it in an emergency!

lindez

Hi all
#44 with an update another £20.00 over payment for February total so far for February now stands at £320.00 thank you Julicorn

skye_blue

Hi everyone

No 73 with another £50 towards this months total

Thanks Julicorn

Dobbibill

#45 popping in with an update for Feb.
Additional £180 plus my regular SO for £63.11 paid.

Jan total - £205.34
Feb total - £260.11

YTD - £465.45

becky170

No. 7 here checking in with an overpayment of £155 for Feb. Don't think we'll manage any more overpayments this month, but at least we're on target so far

WorldCitizen

Number 160 here.
Just tried to do an OP of £65.90, but I have used all my OP limit this year.
Probably don't put in a table yet, will see how it goes. May be they will call me, who knows?
Looking forward to April when I can overpay again.
P.S. Can I have a smaller number too?

ilselm

#106 here. £78 paid into the mortgage account today to shave the outstanding balance to a more or less round number - now ends in a xxx250.00.

I have also worked out that at this rate for both MFW and savings that I should be able to achieve mortgage neutrality in about 29 months and in time for my 45th birthday. Appreciate a lot can happen in life between now and then but it seems a good current target to aim for. Thanks,

February total: £1,588
2019 total: £3,088 / £15,000

weenemo

No. 150 checking in with February's over payments.
£2050 this month, and unlikely to have any more this month.

frugal_lass

Tidy up of accounts led to an extra £18.13 so that’s a total of £235.13 for Feby.

taka

# 51 checking in with another little overpayment of £9.96 to bring my Feb total to £43.61. (A small refund from my Gas company + a £2 coin from my change at the supermarket ! )

Feel a little silly reporting such tiny amounts compared to some on here but I keep clinging to the fact I'm mortgage neutral already (and prioritising pension / savings instead of mortgage) and an OP of £9.96 is getting rid of just over 0.1% of my mortgage balance outstanding! Even the teeny amounts add up for me now. :j