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2020 Mortgage-Free Wannabes
Comments
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#132 My OP for July is £225 taking my YTD to £3,518.80. Thanks julicorn4
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Hi Anagran, of course you can - welcome to the challenge!Anagran said:Can I join please?
Been on MFi3 for a while trying to OP, but things just seemed to keep getting in the way. Ready now to focus on making real progress. Not sure how much I will be able to manage, but would like to aim for a target of £2000 by the end of the year.
Thanks A
I've given you #151 now. 3 -
Hi, #86 again! We were paid on the 15th so I've swept everything left at the end of the month to the mortgage giving another overpayment of £1994.47. We're still plugging away, but now we're under my original 80% LTV target which is nice. Mortgage is still massive though, and lots to pay off!
Thanks Julicorn
Finally bought a homeStarting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]Overpayments since 27.03.19: £52,407.474 -
#31 checking in with an OP of £90, from selling some unwanted bits and pieces. Hooray for lockdown decluttering!
Total for July is £117.32Mortgage - £23,500 remaining
MFW2021 #8 - £2,519.77/£3,000
Overpayments: 2020 - £4,722.83 / 2019 - £16,042.004 -
Update for #147
£250 total for July.
Monthly over payments will increase to £350 a month next month (in reality the amount we are over paying is staying the same because they lower our regular payments and keep the term the same as it was).Initial 2 year fixed Mortgage (July 2019): £158,747 over 18 years. Overpaid £14,250 in Year 1, £13,400 in Year 2. Total mortgage reduced by £40,790 in 2 years.
New Mortgage (five year fix at 1.81%): June 2021
Current Balance (01/06/2021): £117,957 over 14 years. Total overpayment in 2021 of £13,850. Lapsed tracking! Total Owing November 2022: £100,513. February 2023: £97,535. April 2023: £88,739. July 2023: £87,481. August 2023: £85,512. November 2023: £83,053.
Original End date: June 2039. Now June 2035. *GOAL* Mortgage Free by 2030.3 -
Thank you for the update! Just a quick note, from the way you've worded it, I've assumed it's in addition to your payment earlier this month (so a total of 2994.47 for July), but let me know if that's incorrectNichelette said:Hi, #86 again! We were paid on the 15th so I've swept everything left at the end of the month to the mortgage giving another overpayment of £1994.47. We're still plugging away, but now we're under my original 80% LTV target which is nice. Mortgage is still massive though, and lots to pay off!
Thanks Julicorn
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Hi Julicorn, I did actually wonder if it was ambiguous when writing it, but yes you got it right, thank you
julicorn said:
Thank you for the update! Just a quick note, from the way you've worded it, I've assumed it's in addition to your payment earlier this month (so a total of 2994.47 for July), but let me know if that's incorrectNichelette said:Hi, #86 again! We were paid on the 15th so I've swept everything left at the end of the month to the mortgage giving another overpayment of £1994.47. We're still plugging away, but now we're under my original 80% LTV target which is nice. Mortgage is still massive though, and lots to pay off!
Thanks Julicorn
Finally bought a homeStarting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]Overpayments since 27.03.19: £52,407.473 -
#148 reporting an overpayment of £200 pleaseAug 24 - Mortgage Balance £242,040.19
Credit Card - £8,141.63 + £4,209.83
Goals: Mortgage Free by 2035, Give up full time work once Mortgage Free, Ensure I have a pension income of £20k per year from 20353 -
#6 with updates for June and July. £2340 total for June and £1250 for July so far.Thanks Ben3
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Oh Julicorn can you tell numbers isn't my strong pointjulicorn said:
Thank you! I've got a slightly higher total somehow - if you have a minute, could you have a look to make sure I've entered you're OPs correctly? It's only a few pounds difference, but I thought I'd flag it upyogavibes said:#69
OP today £1000
Also OP £1000 in May which I forgot to add - so total OP so far this year £4976 so far

I've checked back through my bank statement and I have indeed paid off more than this. I've included my July OP aswell below. Correct numbers for #69 are:
Jan - £1026
Feb - £964.26
Mar - £1000
May - £1000
June - £1000
July - £1024
total so far £6014.26
thanks
MFW #69 Mortgage remaining Jan 2021 £221,644; Jan OP £1000;3
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