📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2020 Mortgage-Free Wannabes

1102103105107108183

Comments

  • wh_em
    wh_em Posts: 153 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    congratulations @Lomcevak that's incredible!
    Original settlement date: Dec-54 Projected: Jul-55 (due to 3 month mortgage holiday!)
  • Pugblue
    Pugblue Posts: 20 Forumite
    Eighth Anniversary 10 Posts Name Dropper Combo Breaker
    That's great new @Lomcevak. It must be a amazing feeling? It's great to hear and be motivated by people at the end of the process! I am very much at the beginning, and that mountain seems very, very steep with 16 years of steps on my current path! 
    Mortgage balance £131,843.22 
    Standard term left 19y 6m (finish in 2040!)
    over payment target for 2020 = £700
    term left with over-payments  16y 5M 
    Mortgage neutral account = £2236.00
    :) 

  • Ellie78
    Ellie78 Posts: 195 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    #31 with a third payment for June of £53.02 to tidy my remaining balance down to £31,150!
    Total payments for June - £183.02
    Mortgage - £23,500 remaining
    MFW2021 #8 - £2,519.77/£3,000
    Overpayments: 2020 - £4,722.83 / 2019 - £16,042.00
  • #67 here, forgotten to update for a few months. Given the current climate, just going for our basic overpayment and not adding any little extras as I feel its best to bolster the savings account.
    Apr - £167
    May - £167
    June - £167
    Thank you
    2021 MFW #35: £6000/£6000
  • danby22
    danby22 Posts: 78 Forumite
    Part of the Furniture 10 Posts Name Dropper
    #117 here.  Managed to make a payment of £850 for June.
    Thanks Julicorn!

  • Ellie78
    Ellie78 Posts: 195 Forumite
    Third Anniversary 100 Posts Photogenic Name Dropper
    #31 with another OP of £100 for June.   Sorry it's all in bits and pieces this month!

    Total for June is now £283.02
    Mortgage - £23,500 remaining
    MFW2021 #8 - £2,519.77/£3,000
    Overpayments: 2020 - £4,722.83 / 2019 - £16,042.00
  • June payment £517.59 for number 82 please.
    Thank you. 
    Bb
    Jan 2019: £211,500
    September 2020: £197,600
    Target: mortgage free by 2032
  • Lomcevak said:
    When I checked online banking this morning my mortgage account was showing a satisfyingly round £0.00, but having checked again it has vanished completely. Now closed and gone :smiley:
    Wow wow wow! Very inspirational thank you and congrats! 
    MFW #121 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.