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2020 Mortgage-Free Wannabes

Comments

OhtobeMortgageFree Posts: 324 Forumite

9 September 2020 at 5:05PM

#93 with another £10 overpayment, taking me up to £280 for the month. Thanks for the updates! 👍🏻

Original mortgage total: £140,000.00 (July 2015) Original mortgage end date: June 2040
Mortgage free start date: 16th October 2018 Mortgage total at this point: £132,829.12
Current mortgage total: £54,762.71 Current mortgage end date: June 2032 Daily interest: £7.59 > £2.64
3
julicorn Posts: 2,591 Forumite

9 September 2020 at 5:18PM

Barny1979 said:

#43 £7.31 paid off from Quidco payment.

Hi Barny, could you please make sure to include your monthly total in your updates? Thanks.

2
Squirrelz92 Posts: 770 Forumite

11 September 2020 at 7:48AM

#152 Morning I have just made my very first OP to my home since purchasing last month. Managed to shuffle some end of month (before salary on the 20th) money about into renovation funds and emergency funds and found I had some spare cash left over so here it is!! A whole £98.45 for September so far please julicorn! Very happy

Debt Remaining: £8,781.53
3 Month EF: £1,000/£4,494
2025 MFW Challenge #9: £999.00/£4,000
5
fruitloop04 Posts: 294 Forumite

12 September 2020 at 9:30AM

Morning! Made first September OP of £1000 today from savings that were earning pennies! I'll make another payment when I get paid I am #52
Thanks Julicorn!

01.05.2019 - Re-Mortgage - £142,000 :eek::eek::eek: Total overpaid to date: £15,584.33.
MFW #52 £9000/£12000
6
Throwaway1 Posts: 528 Forumite

12 September 2020 at 12:12PM edited 12 September 2020 at 12:12PM

#50 updating after a long time of no OPs. They had all been squirrelled away into savings and I've now paid £4000 across into the mortgage.
Sept: £4000
Thank you!

MFW - OP 10% each year to clear mortgage in 10 years!
2019: £16,125/£16,125
2020: £14,172.64/£14,172.64
2021: £12,333.62/£12,333.62
2022: £10,626.55/£10,626.55
2023: switched tactics to saving in a higher interest rate account than mortgage interest rate
2024: mortgage neutral!
3
life_is_sweet Posts: 45 Forumite

12 September 2020 at 12:33PM

Hi all,
#11
reporting an overpayment of £1154 for September thanks Julicorn.

Lis

#11 MFW 2020 :£14560/£15000
MFW 2019 :£10327, MFW 2018:£6676 , MFW 2017:£6664
Original MF date June 31/Target MF September 21
I can do it!
2
danby22 Posts: 78 Forumite

13 September 2020 at 9:33AM

#117
Started September with a £450 contribution - hoping to add more towards the end of the month. Thanks Julicorn!

2
bigbeff Posts: 1,119 Forumite

13 September 2020 at 8:23PM
£648.70 for me so far this month 😁
Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)

DFD: September 1st 2023[/b]

Savings diary: https://forums.moneysavingexpert.com/discussion/6472040/time-to-build-my-future#latest
2
Ellie78 Posts: 195 Forumite

13 September 2020 at 8:44PM

#31 checking in with a payment for September of £67.40. Thanks!

Mortgage - £23,500 remaining
MFW2021 #8 - £2,519.77/£3,000
Overpayments: 2020 - £4,722.83 / 2019 - £16,042.00
2
Sistergold Posts: 2,135 Forumite

14 September 2020 at 8:54PM

Hello everyone
#136 just reporting OP of £460 for this month. Slowly but surely does it.
Well done everyone you are all very encouraging!
Thanks Julicorn for what you do for us!

Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),
Target is to pay it off in 10years(by 2030🥳).
MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.
Do not wait to buy a property, Buy a property and wait. 🤓
3

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