2020 Mortgage-Free Wannabes

julicorn

scotmumof3 wrote: »

Hi Everyone :hello:
I'd love to get involved in this challenge. OH is planning to take early retirement in early 2021 and although we only have 3 years left on our mortgage I;d really like to be finished it when he retires so can I be put down for £2000 of overpayment please. :)

Welcome to the challenge! I've given you #74

julicorn

Dancingbecky wrote: »

Hi, Can I join with a target of £3,000?

Of course, welcome to the challenge! You're #75.

Chili81

Can I join please? Could do with the accountability of the thread.
Target of £6000 please.

chocoholic_chick

Can I sign up for the challenge again please? If I could be moved further up the list that would be great, but if not it doesn't matter.

Going to try and OP the maximum again so put me down for £11,988 as my target please. Thanks

lalamb77

Hi,

Can I sign up for the challenge? Please can you set me a target of £5000.

Thanks

julicorn

Chili81 wrote: »

Can I join please? Could do with the accountability of the thread.
Target of £6000 please.

Absolutely! Welcome to the challenge, and to the forum as well You're our #76.

julicorn

chocoholic_chick wrote: »

Can I sign up for the challenge again please? If I could be moved further up the list that would be great, but if not it doesn't matter.

Going to try and OP the maximum again so put me down for £11,988 as my target please. Thanks

Awesome, thanks for taking part again! I've moved you up to #77

julicorn

lalamb77 wrote: »

Hi,

Can I sign up for the challenge? Please can you set me a target of £5000.

Thanks

Absolutely, welcome to the challenge! You're #80

Elvie100

Hello

Would it be possible to keep #60? I think I will go for £5000 for 2020.

Thanks!

L

bobobski

Hi, I'm new! :hello:

We bought our house last year (yay!) with a mortgage of £324,000 (90% LTV) plus fees of £1,499 on a 5 year fix. We've already taken over £10k off the capital, and have started making monthly overpayments already - a joint overpayment to round the standing order up, and individual overpayments with whatever spare change we have. My aim is to be at under 75% LTV at remortgage time, which of course depends on our house's value at the time, but assuming the value remains static this will require about £7k overpayments between now and remortgage time. Our plan is to make our little overpayments as we go, and make whatever large overpayment we need to at remortgage time.

Our aims are mostly around savings - partly to build up our emergency fund but also to fund the "life" that's likely to happen in the next 4-5 years - but we do want to focus on overpaying our mortgage too. So, please may I set a target of £600 overpayments for 2020? £50 a month should be achievable, and hopefully we'll be able to smash this

Thank you for letting me join, even with this tiny figure!