2020 Mortgage-Free Wannabes

Miss_Pinky

julicorn said:

Miss_Pinky said:

Helloooooo everyone, 
Miss Pinky #15 checking in with a well overdue update. 
My target was set to be the allowed 10% which was £8072 but I was desperate to get under the 20k amount so I paid an additional £4500 in June which has meant I had a £90 fee (2%) to pay which I raised through selling stuff on the 'book of face' so it didn't come out of our budget. 
I am now loathed to overpay anything else as come March next year, my Nationwide overpayment resets which should work out as roughly... 

Mortgage - £13k
Overpayment allowance: £8k - Leaves 5k
My overpayment fee then drops to 1% and I think I will just suck up the overpayment fee amount and get rid of the mortgage. In the meantime, I'm saving anything and everything that I possibly can so that I can have the £13k ready to pay, currently sitting at £6300 so almost half way there. 
Thank Julicorn for your continued time and effort in keeping everything updated :-)

Miss Pinky #15

Hi there, thank you for the update! Is the £4,500 for June on top of what you've already reported (so £5,000 total) or is £4,500 the total?

Hi Julicorn, 
Gosh you are thorough and just as well as I haven't made myself clear at all! So please accept my apologies for that. The £4500 is the total figure for June :-)

Thanks again Julicorn! 
Miss Pinky xx

julicorn

Miss_Pinky said:

julicorn said:

Miss_Pinky said:

Helloooooo everyone, 
Miss Pinky #15 checking in with a well overdue update. 
My target was set to be the allowed 10% which was £8072 but I was desperate to get under the 20k amount so I paid an additional £4500 in June which has meant I had a £90 fee (2%) to pay which I raised through selling stuff on the 'book of face' so it didn't come out of our budget. 
I am now loathed to overpay anything else as come March next year, my Nationwide overpayment resets which should work out as roughly... 

Mortgage - £13k
Overpayment allowance: £8k - Leaves 5k
My overpayment fee then drops to 1% and I think I will just suck up the overpayment fee amount and get rid of the mortgage. In the meantime, I'm saving anything and everything that I possibly can so that I can have the £13k ready to pay, currently sitting at £6300 so almost half way there. 
Thank Julicorn for your continued time and effort in keeping everything updated :-)

Miss Pinky #15

Hi there, thank you for the update! Is the £4,500 for June on top of what you've already reported (so £5,000 total) or is £4,500 the total?

Hi Julicorn, 
Gosh you are thorough and just as well as I haven't made myself clear at all! So please accept my apologies for that. The £4500 is the total figure for June :-)

Thanks again Julicorn! 
Miss Pinky xx

No worries at all, just want to make sure I get it right

wh_em

#66 finally back up and running with a small July OP of £11.53. Thanks julicorn

sb29

£2000 for #98. Thanks julicorn!

mrsmsebastian

Can I join please

julicorn

mrsmsebastian said:

Can I join please

Sure thing, just let us know your target for the year and I'll assign you a number

MortgageFree2030

#85 here reporting very late with my overpayment for June! £1035.81 please. Thank you  

I will be back with my July figure in early August as I like to top up the regular payment with any spare money at the end of the month. 

Squirrelz92

Hello, I am completing on my house on the 3rd August so please may I join the club from August? With wanting to make improvements my goal will be a lot smaller to start with so can I be put down for £1000 by the end of 2020? 

f0xh0les

Happy New Mortgage! @Squirrelz92

julicorn

Squirrelz92 said:

Hello, I am completing on my house on the 3rd August so please may I join the club from August? With wanting to make improvements my goal will be a lot smaller to start with so can I be put down for £1000 by the end of 2020? 

Of course, congratulations on your purchase and welcome to the challenge!
You're our #152.