2020 Mortgage-Free Wannabes

charlie792

Hi all,
#111 
just reporting in to give the final figures for Jan which were £5574.62

Feb so far £9094.36 (will make a further smaller payment after payday next week)

It wouldn't have been so high for the last two months but ended up shuffling round all of OH savings accounts to better interest rates but as they are still lower than the mortgage it seemed silly not to use it for that in part instead, so those figures now account for OHs share of the final figures paid, so it's just me now letting the side down - balance outstanding as of today is around £12900.

12 more paydays to go......

becky170

Hi no 7 here. We've managed to overpay £350 in Feb can my overpayment for Jan also be updated to £708? March will probably be a slower month for overpayments as we've got the house insurance, car insurance and car MOT coming up in the space of a couple of weeks 

Cherryfudge

Number 16 here.
This is very exciting - I've just phoned for a final statement for our mortgage and sent a chunk through to avoid paying interest of 6p a day on most of the balance!
So my February OPs come to £325.51 and I owe £69.35 plus (now less than) 6p a day on my mortgage.

Moneyminded

#110 checking in with an OP of £542.58 for Feb
Thanks Julicorn

Jessy103

Jessy103 said:

Hi everyone! Hope you're all well.

No.12 reporting an overpayment of £100, taking my total for February to £146.79.

Thanks

Hi julicorn,
I've noticed on the spreadsheet my last payment for Feb hasn't been updated. It's now £146.79 for February.

Thank you

Suffolk_lass

I was wondering if anyone else (it was Shangiijimmy's idea!) is planning an extra OP on 29th Feb as it only happens once every four years?

My thoughts - I will have 29 more payments to go on the term of my mortgage on 29th so maybe for me it should be 29 x 29 x 5 (the 5 is the number of 29ths of Feb this century, and there won't be another one in the term of our mortgage) - so 4205 either pennies or pounds.

I also have the letter in response to our latest payment, saying my interest is now 15.50 a month - so £449.50 if I multiply that by 29.

Schoolworker

No 72 reporting to say made another overpayment in February of £80. I think total for Jan & Feb is £290. 

f0xh0les

Don't laugh!  #65 reporting in.

I have just made February's o/p to the new mortgage,  it was £1.34 because my current account ended in £1.34 and it looked messy, and I realised the new  remortgage balance ended in - you guessed it! £1.34, so I 'tested' the new account number I was given, with my small o/p and it has reduced already!! No payment will taken in March, so we have a month with no mortgage going out.  Might be able to sneak another payment in, but we are on strike pay at the moment and income is reduced by 1/3.  Boo!

wishingthemortgaheaway

Evening number 10 here with a February overpayment of £275.12. 

Thank you. 

Wish. 

MFW2020

Number 122 checking in £600 for Feb 👍🏻😊

thank you!