📨 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

12425272930183

Comments

  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    Hi all
    #2 with update following DD 365.00 paid (after interest payment ) total now for January is £5890.00
    the following months from now on will be just my normal 365.00 unless I can try and pull a bit more together.
    Its is great to see how we are all doing and its only the 4th January well done everyone.
    Thank you so much Julcorn.
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    lindez wrote: »
    Its is great to see how we are all doing and its only the 4th January well done everyone.
    Thank you so much Julcorn.
    Indeed! Managed to overpay over £20k in the first 3 days, well done everyone!
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32 here, with a overpayment of £500 to start the new year.

    Thanks Julicorn and happy new year everyone.

    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

  • mossypne
    mossypne Posts: 12 Forumite
    edited 4 January 2020 at 10:18PM
    #44 with an additional January Overpayment of £9.54 taking my total for january to £206.55 so far.

    EDIT: Apologies this should be #41. Used my Savings challenge number :p
  • Hello!

    Thanks for running this challenge again Julicorn! First OP made for Jan 2020 - £791.46, I am number 52.

    I know I am going to be behind for the first part of the year but I am hoping that I will 'catch up' after June if some factors work out for me!
    01.05.2019 - Re-Mortgage - £142,000 :eek::eek::eek: Total overpaid to date: £15,584.33.
    MFW #52 £9000/£12000
  • Suffolk_lass
    Suffolk_lass Posts: 10,318 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I am number 37 - I realise I have yet to set a target. I am going to go for £15,000 please jiliecorn
    Save £12k in 2025 #2 I am at £4863.32 out of £6000 after May (81.05%)
    OS Grocery Challenge in 2025 I am at £1286.68/£3000 or 42.89% of my annual spend so far
    I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the Grow your own thread
    My new diary is here
  • BVic28
    BVic28 Posts: 97 Forumite
    Fourth Anniversary 10 Posts
    Number 35 updating my first OP of the year. A whopping £2.78 haha. Look after the pennies right?
    Mortgage balance as of end of Dec 19 - £120,675
    MFW 2020 challenge #35 £94.62/£750; Jan running total - £94.62
    Save 12k in 2020 challenge #34 £560.20/£6000; Jan running total - £560.20
  • uzubairu
    uzubairu Posts: 1,208 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    Hi Julicorn,
    Please can I join the 2020 challenge and be allocated a number?

    I joined the challenge several years ago and it was a great motivator and I eventually enjoyed a short period of mortgage freedom.
    Fast forward a few years and we put a large deposit down on our current home.

    Mortgage outstanding is approximately £74,000.
    My initial target for 2020 is to get mortgage down to £65,000.

    Current mortgage payment is £505 (interest portion is £130), so work to be done to achieve target.
  • everach
    everach Posts: 28 Forumite
    Ninth Anniversary 10 Posts
    Hello mfw’s

    Id love to start this, ive managed to pay off £3000 off my cc over the last couple of years. So ive figured its now time to trickle some extra off the mortgage. It wont be a huge amount but if i can join ill tot up some figures.

    I hope im not too late 😬
  • Runders
    Runders Posts: 292 Forumite
    Sixth Anniversary 100 Posts
    Morning all,

    Wow lot's of great over payments so far. I found an old scratch card lying around with £6 on it, so I decided to send it straight off as an OP.

    #97 £6
    Jan total £113.29

    Thanks :)
    MFW Start:[STRIKE] Sep 2014 - £110,844[/STRIKE], July 2019 New Home £190,995 :eek:
    Current: £82,999.69, £190,972.18, £188,091.57, £180,026.25
    2021MFW #97 OP Goal £296.36/£3000
    2020MFW #97 OP Goal £3104.09.09/£3000
    2019MFW #109 OP Goal £1024.99/£1000
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.