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2020 Mortgage-Free Wannabes

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1174175177179180183

Comments

  • eat_that_frog
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    Hi Julicorn, #153 with an overpayment of £3,500 in December please. Thanks so much for running this spreadsheet.

    I didn't quite hit my £10k OP target for 2020, which I set back in July, but I'm very happy that I got so close with £8k and I'm so glad I started this challenge.

    Happy Christmas everyone 
    Original mortgage: £250,000 Feb 19   
    Current mortgage: £75,000 Apr 24
    Planned mortgage end date: Feb 44
    Mortgage free start date: 13th July 2020

    2024 MFW #40
    MFiT-T6 #16

    2024 Goals
    Increasing our fruit&veg intake and reducing our UPF intake as a family
    Doing an 'activity' as a family every weekend
    5 x a week physical exercise to improve my health
    Regularly declutter toys, books and clothes/shoes
    Make mortgage OPs of £6k in '24 - GOAL MET!
    Keep emergency fund at £10k
  • Freedomin
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    Hi there, 
    #143 reporting in with a first OP of £510 in Dec. Forced myself to meet my target by dipping in to savings. Glad for baby steps in this journey. Thanks all for the inspiration. Reading all the stories inspire me. Thanks Julicon for running this. Please add me to next year's challenge when one is set up. 
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
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    Barny1979 said:
    Barny1979 said:
    #43 £3.24 from Quidco for first December overpayment, £1827.14 total for 2020
    #43 £3.46 from Quidco for second December overpayment, £1830.60 total for 2020.
    #43 £2.93 from Quidco, £1833.53 for 2020
  • julicorn
    julicorn Posts: 2,290 Forumite
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    Freedomin said:
    Hi there, 
    #143 reporting in with a first OP of £510 in Dec. Forced myself to meet my target by dipping in to savings. Glad for baby steps in this journey. Thanks all for the inspiration. Reading all the stories inspire me. Thanks Julicon for running this. Please add me to next year's challenge when one is set up. 
    Hi there, if you post your target in the 2021 thread I will add you :) Thank you!
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £215,400 minus £10,300 overpayment savings pot
  • CrowdieSaver
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    Hello all
    #49 checking in with my eighth and ninth overpayments of the year:
    £150 for November and £150 for December.
    Stats: Jan: £150/Feb: £150/Mar: £150/Jul: £150/Aug: £150/Sept: £150/Oct: £150/Nov: £150/Dec: £150
    Unfortunately, this will probably be my last overpayments for the year...let's hope 2021 will be better.
    Hope everyone is ok, and thanks Julicorn.
    Take care,
    CS x
    Mortgage at Jan 2009 (when house was purchased): £75,000. Mortgage at Jan 2017 (when I could start overpaying after 7 year relationship from hell ended): £60,000. Mortgage at July 2024: £21,553. 2024 MFW #49: £2,185/£3,000. Previous Overpayments: 2023: £2,850. 2022: £3,100. 2021: £2,540. 2020: £3,350. 2019: £1,950. 2018: £250. 2017: £500.
    Mortgage freedom can’t come soon enough!
  • Freedomin
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    julicorn said:
    Freedomin said:
    Hi there, 
    #143 reporting in with a first OP of £510 in Dec. Forced myself to meet my target by dipping in to savings. Glad for baby steps in this journey. Thanks all for the inspiration. Reading all the stories inspire me. Thanks Julicon for running this. Please add me to next year's challenge when one is set up. 
    Hi there, if you post your target in the 2021 thread I will add you :) Thank you!
    Thanks. My target for 2021 is £850
  • lindez
    lindez Posts: 643 Forumite
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    Hi Julicorn
    I have searched for the 2021 thread and cannot find it, do you have a link please.
    Thank you x
    #2
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • Moneyminded
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    lindez said:
    Hi Julicorn
    I have searched for the 2021 thread and cannot find it, do you have a link please.
    Thank you x
    #2
    https://forums.moneysavingexpert.com/discussion/6221918/2021-mortgage-free-wannabes#latest 
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 (aiming for October 2025)
    • MFW 2024 #15 £446.24/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.44
  • Qtipps44
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    #61 paid off £90.68 in December. This take us to our maximum over payment this year....if my calculations are correct.
    we have made amazing progress but that’s due to incredible hard work, missing out on holidays and celebrations due to Covid. On positive note our garden is finished and we’ve got some decorating done. I’ve signed up for next year but our 10% allowed is only 6400 and I’ve got 2000 ready to go in jan. focus will be on building savings as will use them to get new to us car in Feb and having some fun. All the best for 2021 and see you on next challenge.
    thanks for updating.
     Xx
  • glass_half_full
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    #55 reporting in with my final OP for 2020 of £1,000 for December. Thanks for keeping the record Julicorn.
    Aiming to early retire in April 2025 - DC pension currently £381k target £400k
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