2020 Mortgage-Free Wannabes

julicorn

uzubairu wrote: »

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.

Hi uzubairo, of course you can! I've given you #79.
What would you like me to put as your target? Most of us find it easiest to track just the overpayments, but if you want I could also use your total payments. Total reduction is a little trickier to track in this spreadsheet

julicorn

everach wrote: »

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 😬

The only way you'd be too late is if it was 2021 already :rotfl:
Welcome to the challenge, you're our #83 now. Could you let me know your target for the year?

Suffolk_lass

#37 my first OP of £82.12 today please juliecorn

bit_by_bit

#87: first update of 2020.
First, outstanding mortgage as of 5th of January £22247.68
First overypayment of £60.95 plus usual payment should take me below £22000, Yay :T:::T

Rainbowsky

Hi all

#34 here with a first payment for January of £400. Well done everyone for reaching the fantastic total for 2019, over a million is amazing :T

Wishing you all a happy new year and the best of luck :beer:

MrsMouse

Happy New Year all


#47 checking in with first OP of the year - £75.29 please.

Roxie

I'm a bit late to the party but finally here with OP of £400.00 for January, and this has just taken my balance to below £60k too :j.

Good luck everyone for the 2020 challenge.

Thanks to julicorn.

Roxie no: 33

uzubairu

Hi Julicorn,
It’s uzubairu #79.

My 2020 overpayment target will be £4,500.

Brindlebabe

£21.05 for #82 please. Up and running. Not loads but it’s still £21.05 I don’t have to pay interest on ever again. Hopefully the first repayment of many this year!

Happy new year everyone.

Bb

everach

#83 checking in here! :j

Id like my total to be £5000 off this year please.

Ive already started with a token £11 paid off so far this month and I will update when the rest is paid off this month.

11/5000