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2020 Mortgage-Free Wannabes

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  • julicorn
    julicorn Posts: 2,290 Forumite
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    Ellie78 wrote: »
    Can I sign up please?

    Mortgage OPs have taken a back seat now I've got retirement savings up and running but I'd still like to aim for £2,000 OP in 2020.

    Thanks!
    Welcome to the 2020 challenge, Ellie! I've given you #31 :)
    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
  • Sandyra
    Sandyra Posts: 261 Forumite
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    Hi, can I join please, I do overpay but hopefully this will get me to push a little more. Can I set my target of £6,000. Thank you

    MFW 2024 #32 £1473.28/£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 2024 #26 £4,155.37/£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

  • julicorn
    julicorn Posts: 2,290 Forumite
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    Sandyra wrote: »
    Hi, can I join please, I do overpay but hopefully this will get me to push a little more. Can I set my target of £6,000. Thank you

    Welcome to the challenge Sandyra, you're #32 :)
    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
  • BVic28
    BVic28 Posts: 97 Forumite
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    Hi Julicorn, would I be ok to join please? I’d like to set an OP target of £750 for the year. Thanks
    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
  • Mortgage_Minimiser
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    Hi Julicorn

    #13 back with a target for next year of £13,000 OPs next year - so both numbers match. Thats a stretch on this years £8,000,, but whats a target for???

    Thanks Julicorn
    MM
    X
    O'Payments:2016 - £3641.262017 - £7779.282018 - £11,515.16MFiT-T4 # 59 - reduce mtg to £195,000; MFit-T5 - reduce mtg to £140,000Mortgage:01/2/2015 - £243,75031/12/15 - £235,906.7131/12/16 - £224,120.9831/12/17 - £210,224.0631/12/18 - £190,821.21Mortgage today £140,788
  • Roxie
    Roxie Posts: 635 Forumite
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    Hi julicorn, thanks for running this again :)

    Count me in for 2020 please, I'll stick with number 33 and my target will be £5000.

    Roxie
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • Tartan_Mum
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    Hi Julicorn

    Thanks for running this challenge again. I’m in again for next year. Was #68 in 2019 which I’m happy to keep or change to a lower number. Whatever works.

    I managed to get to £5k this year so I’d like to stretch goal next year to £6.000 and hopefully the accountability here will get me there. Feeling really positive about it.

    TM x
    #26 MFW 2023 challenge Small OPs are better than no OPs! Feb 2018 £231,000 / Apr 2042 Current £133,700 / March 2036
  • teameffort
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    Hi Julicorn

    Thank you for running the tread again, it's very much appreciated :)

    Currently #49 but would happily move up the S/S.

    I'd like to put in a provisional target in 2020 of £6,500.00 and will let you know the final figure once the new annual overpaying allowance has been finalised April 2020.

    Really hoping to see the interest start coming down in the new year _party__party__party_

    Onwards and downwards all

    Teameffort
    Emergency fund saved, we did it!!

    2020 #140 MFW £10,250.25/£9,500.00
    2019 #490 MFW £ 9,964.78/£9,600.00
    2018 #143 MFW £ 6,903.63/£6,500.00
    MFW balance as at 31 Dec 19 77,875.00. Original end date 2043 :eek: goal 2023
  • julicorn
    julicorn Posts: 2,290 Forumite
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    BVic28 wrote: »
    Hi Julicorn, would I be ok to join please? I’d like to set an OP target of £750 for the year. Thanks
    Of course, welcome to the challenge! You're our #35 now :)
    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
  • julicorn
    julicorn Posts: 2,290 Forumite
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    Hi Julicorn

    #13 back with a target for next year of £13,000 OPs next year - so both numbers match. Thats a stretch on this years £8,000,, but whats a target for???

    Thanks Julicorn
    MM
    X
    Roxie wrote: »
    Hi julicorn, thanks for running this again :)

    Count me in for 2020 please, I'll stick with number 33 and my target will be £5000.

    Roxie
    That's all noted, thank you both :)
    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
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