2020 Mortgage-Free Wannabes

rugbymadfamily

#157 with another £20 for Nov so totals £205 for the month. Thanks Julicorn!

miss_undastood

Ahh rugbymad. I’m glad I’ve found someone else with a mortgage balance >£300k outstanding - does it terrify you as much as it terrifies me?

rugbymadfamily

miss_undastood said:

Ahh rugbymad. I’m glad I’ve found someone else with a mortgage balance >£300k outstanding - does it terrify you as much as it terrifies me?

It did when I first came here and no one else seemed to have quite such large ones, but there are a few of us around (and mostly London / SE based!).

lindez

Hi Julicorn 
#2 are you doing the challenge again in 2021  thank you.
well done everyone we are making great targets xx

Suffolk_lass

Suffolk_lass said:

# 37 just confirming our total mortgage payments for the year are £17,193.23 (+£95 redemption fee) which completely clears our mortgage and exceeds the £15,000 target for the year. Thanks juliecorn

Hi @julicorn - I just took a quick look at the spreadsheet and looked back and realise that although it is gone, I did not update in the way that lets you update the spreadsheet. So our total for October should be £8,787.64 (exceeding our £15,000 target because that magic snowball just kept growing. Many thanks

julicorn

lindez said:

Hi Julicorn 
#2 are you doing the challenge again in 2021  thank you.
well done everyone we are making great targets xx

Absolutely I'll post the new thread early December. 

julicorn

Suffolk_lass said:

Suffolk_lass said:

# 37 just confirming our total mortgage payments for the year are £17,193.23 (+£95 redemption fee) which completely clears our mortgage and exceeds the £15,000 target for the year. Thanks juliecorn

Hi @julicorn - I just took a quick look at the spreadsheet and looked back and realise that although it is gone, I did not update in the way that lets you update the spreadsheet. So our total for October should be £8,787.64 (exceeding our £15,000 target because that magic snowball just kept growing. Many thanks

Fantastic, thank you for checking in again and well done, that is absolutely fantastic!  

SandyShores

#150 here.  I made another £10 payment this evening - its getting quite addictive. 
So total over paid this year is £60.

Thank you Julicorn.

OhtobeMortgageFree

IndiJonesi said:

@OhtobeMortgageFree every penny does count.  I'm trailing to the railway station, where my shifts allow, to travel by train into work as it is cheaper than me driving by car.  The car is much more convenient and sometimes I'm at work an hour earlier than I need to be and also I'm there an hour later than I need to be due to connections.  But it saves me a couple of quid each day which seems like nothing but I immediately transfer it into the mortgage account.  I'm currently owing 168k on my mortgage but my  husband and I have no dependent children and we work every single hour we can just to get that mortgage chucked.  I know it seems like a slog but every pound chopped off now is one pound less to find a couple of decades down the line.  Plus, it is really good to see updates regardless of how much is paid.

Ah thank you for your comment. 😊 I feel you on switching out the car. We don't need cars at the moment as my husband is working from home and, well, lockdown! But last year we went down to one car to save money and it was tough. Especially dragging a two year old along for extended walks when I needed to get somewhere!
It's so addictive seeing that total come down each time I log in!

Sandyra

#32, £315.43 extra paid for November. I’ll be back next week, after I get some money I lent. 

Thanks julicorn. 

Ps Nov total is £893.82