2020 Mortgage-Free Wannabes

Suffolk_lass

#37 with a cheeky second OP of £250 to take our balance under £9,000 - our total for July is now £345.38 please. I have slowed right down on the OP for the time-being but I was impatient to see it dip under £9k. We have a bond with the same BS that holds our mortgage and I know it will mature in October and now there is more than we need to clear the mortgage then. 3.5% compound over 7 years still feels like the right decision and I can only dream of 3.5% return now for cash savings! Well done everyone

ajmoney

@Suffolk_lass exciting times

Suffolk_lass

ajmoney said:

@Suffolk_lass exciting times

It is. It has been a while though... How I wish I had started before the last decade prior to retirement.

Hetta

Hello all, well done with all the OPs made no matter the size. Keep it up. #141 checking in with an OP of £890.04 for July. Thanks for updating @julicorn. 

Rachiedabbler70

Hello All
I've been missing due to very busy work period, but I'm on leave this week so going to catch up on the thread.
Sorry Julicorn for a big update at once number 57: May £1081.70, June £1101.89, July £1533

Good luck in July everyone :-:smile:

Brindlebabe

Hi team,
£527.74 for #82 for July please.
Thank you so much as always Julicorn for diligent attention to spreadsheeting!
Bb  

julicorn

Brindlebabe said:

Hi team,
£527.74 for #82 for July please.
Thank you so much as always Julicorn for diligent attention to spreadsheeting!
Bb  

Thank you for the update, Brindlebabe! It looks like you have reached your goal, congratulations. Would you like me to increase it or leave it as is?

OhtobeMortgageFree

#93 - overpaid another £160 this morning, taking me to £185 for the month now.
I was talking with friends about mortgages last night and really want to get mine paid off within 5 years. I'm not sure if that's possible with my figures but my son starts school next September so that will give me more time to plan and save. Here goes anyway...!
Thanks for updating.

SandyShores

Hi, Can I join please?  We completed on a house a couple of weeks ago and have already made our first payment :) which, according to a calculator I found online means we have already paid £898 off the principle :)

I'm still working out how much to put down as an overpayment each month and how much to put towards the six month emergency fund (savings interest is rubbish right now isn't it).  

Exciting to be at the start of the mortgage free journey.  We have had a spell off the property ladder and my aim is to pay off before we reach retirement age but I do want us to enjoy the next few years as well.

stavromueller

#67 reporting £217 for July. 
Thanks Julicorn