2020 Mortgage-Free Wannabes

julicorn

Sweetie83 wrote: »

Please can I join target is £6000. Thanks 😊

Welcome to the challenge! You're #24.

julicorn

mortgage-confused wrote: »

Hi,
Can I join please with a target of £3000. Hopefully will OP more but we get married in September so will see how things go
Thanks

Welcome to the challenge! You're #25 for 2020

julicorn

pawlala wrote: »

Please reduce my target to £10,500. It was slightly too big to avoid overpayment charges. Thanks!

That's all noted. I'm having to juggle the same sort of thing this year, hence the slightly strange target amount :rotfl:

julicorn

icklehelen wrote: »

Hi

I'd love to join again -happy to be 6 again or if 3 is available that would mean I have the same number for both this challenge and MFiT.

Still looking at my budgets to decide on my target but hoping it will be the rest of the mortgage £18500

Thanks

ickle

Number 3 is all yours! Thanks for taking part again, sounds like the end is in sight

julicorn

newgirly wrote: »

Hi juliecorn, Thanks for running last years challenge

Can I rejoin and if possible keep number 21? My target for 2020 is £18,000, Cheers and happy new year!

Hi newgirly, I'm really sorry but I re-allocated your number when I made this spreadsheet early December, because I hadn't had an update in a little while. I hope it's not too much of a problem! I've given you #38 for this year if that's ok. Also, Happy New Year to you too, great to have you on board again!

julicorn

savingholmes wrote: »

Can you add me please? My initial target is approx 1% of my mortgage so £1.45K for the year

Welcome to the challenge, you're our #39

Lomcevak

#8 in with an OP of £2010.36 to start off the year, mortgage now down below £5k

julicorn

Alright, without further ado:

Happy New Year everyone, and a proper welcome to the 2020 challenge! Wishing you all the best for the new year, not just financially :heart2:

Everything should be up to date now, so maybe have a quick look at the spreadsheet and see if I've missed anything, or made a mistake somewhere.

Our target is currently at a respectable £547,169.48. A special shout-out also to Urbanshyne, mossypne and ilselm for kicking off 2020 in style, with some very early overpayments
Edited to add: Lomcevak just snuck in with another early OP - well done to you too

jackieblack

Happy New Year everyone :wave:

Having done some calculations, my target for this year is to reduce the mortgage balance down to £17000. In order to achieve this, taking into account my regular monthly payment, Interest is calculated (and shows on my online banking, increasing the mortgage balance) daily but I estimate that I will need to overpay by £981, so could I amend my target to this please julicorn? (With the proviso that if my calculations are inaccurate (:o) I might need to adjust this towards the end of the year.)

A regular OP of £50 will be included in the direct debit with my regular monthly payment, which goes on 1st of each month

So that’s January kicked off with an initial OP of £50! :j

Thanks julicorn :T

Mortgage_Minimiser

Happy New Year everyone!

#13 reporting in with a Jan OP of £1106.19

Here's hoping everyone has a healthy, happy and financially prosperous 2020.

MM
xx