We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
2020 Mortgage-Free Wannabes
Comments
-
That’s so so good.I’m really motivated to pay off as much as I can while my rate is under 2% as I want to protect myself against rate rises in the future and have more free cash then. So we are continuing as if our payments are high and I am not noticing that we are OP anything as it is what we were paying when we first moved here.Although last year we did take out 120k more to invest in BTL and still have some in the bank but to have all of that and to be paying less than we moved here 7 years ago tomorrow!Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #353
-
#129 checking in with a final Oct op of £18.40.
Total for Oct £3526.62.
Thanks @julicorn for the updates3 -
No 70 checking with an OP of £500 for November. Thanks julicorn.
MFW 2025 No. 7 £1130/£1200
MFiT-T7 No. 6 £2873.51/£30,0003 -
No 6 checking in with a total overpayment of £3753.09 for September and £2535.23 for October. Thanks @julicorn3
-
#87 dropping in to report an overpayment today of £1055.53 bringing my total now to £1524.01/2300. I am keeping a bit back in case my DB needs it for help in lockdown. I expect to reach my target for 2020 soon.
Wife, mother, gardener, nurse, Big C survivor. Officially retired at 55 2021 [/b][/b].Mortgage free April 2021Challenges 2024: Decluttering Campaign 32/100 bags plus 0 large items. Make £2024 in 2024#8 £0/£2024 Using my craft stash 0/52 Reading books 0/52 Donations for the CS/washing done from others (in and outs) in 2024 x 10 bags and 0 large items.3 -
No: 33 with Nov OP of £400. YTD £4400.00.Stay safe everyone.MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳4
-
#93 here with my first overpayment for November - £100.
Thanks for updating! 😊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 > £2.644 -
#32 here, been so busy this month. November OP of £578.39. I’ll probably be back in a few days to do a major round up as I plough to improve my LTV. Remortgage rates are going up and I’m due to remortgage in February. Keep safe everyone x
MFW 2025 #32 £4,926.23/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000
Save £12k in 2025 #48 £11,200/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000
4 -
#157 with £115 for November please!Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
Emergency Fund Target: 3 months saved ✅
4
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards