2020 Mortgage-Free Wannabes

Sistergold

Welldone everybody! 

julicorn

SandyShores said:

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.

Hi SandyShores, of course you can! We'd love to have you on board Just let me know a target for the year once you've decided (even just a preliminary or placeholder goal is absolutely fine), and I'll assign you a number. 

OhtobeMortgageFree

#93 - another £10, taking me to £195 for July now. I'm on it this month!
Thanks for updating.

inigma

Number 58 here, just managed to get an OP of £5,100 done.  I hope everyone is safe and ok.

SandyShores

julicorn said:

Hi SandyShores, of course you can! We'd love to have you on board Just let me know a target for the year once you've decided (even just a preliminary or placeholder goal is absolutely fine), and I'll assign you a number. 

Thank you Julicorn.  As a starter for ten, can I aim to overpay £300 per month from August through to December, which is £1,500.

The plan is for that to be the minimum but with a new house we have several things to buy/do so things will become clearer in a month or two. 

Edit - I keep changing my mind, but will start with £300 and put £200 away which can either go in at year end or will be spent on the house if needed.

julicorn

SandyShores said:

julicorn said:

Hi SandyShores, of course you can! We'd love to have you on board Just let me know a target for the year once you've decided (even just a preliminary or placeholder goal is absolutely fine), and I'll assign you a number. 

Thank you Julicorn.  As a starter for ten, can I aim to overpay £300 per month from August through to December, which is £1,500.

The plan is for that to be the minimum but with a new house we have several things to buy/do so things will become clearer in a month or two. 

Edit - I keep changing my mind, but will start with £300 and put £200 away which can either go in at year end or will be spent on the house if needed.

Perfect, thank you so much! You've got #150 now  

Suffolk_lass

julicorn said:

SandyShores said:

julicorn said:

Hi SandyShores, of course you can! We'd love to have you on board Just let me know a target for the year once you've decided (even just a preliminary or placeholder goal is absolutely fine), and I'll assign you a number. 

Thank you Julicorn.  As a starter for ten, can I aim to overpay £300 per month from August through to December, which is £1,500.

The plan is for that to be the minimum but with a new house we have several things to buy/do so things will become clearer in a month or two. 

Edit - I keep changing my mind, but will start with £300 and put £200 away which can either go in at year end or will be spent on the house if needed.

Perfect, thank you so much! You've got #150 now  

150 of us - that is impressive - especially so for @juliecorn for keeping us all up to date - thank you

danby22

#117 - Put in a payment of £450 for July at the start of the month.  Hopefully can contribute more prior to the end of the month.
Thanks Julicorn!

danby22

Amazing to see 150 members here!  Good luck to all through the rough times.

Nichelette

Hi all, #86 checking in with an overpayment of £1000 today. 
Thanks as ever Julicorn