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2020 Mortgage-Free Wannabes

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Comments

  • greent
    greent Posts: 10,790 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Congratulations, Cherryfudge!

    No 18 reporting in with Feb's OP of £701.23 :)

    Thanks, juliecorn :)
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NIL
    Net sales 2024: £20
  • Throwaway1
    Throwaway1 Posts: 528 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    edited 1 March 2020 at 11:31AM
    Can I report my first March OP pleaase? £583.33. Thank you! I'm #50.
    MFW - OP 10% each year to clear mortgage in 10 years!
    2019: £16,125/£16,125
    2020: £14,172.64/£14,172.64
    2021: £12,333.62/£12,333.62
    2022: £10,626.55/£10,626.55
    2023: switched tactics to saving in a higher interest rate account than mortgage interest rate
    2024: mortgage neutral!
  • Dobbibill
    Dobbibill Posts: 4,194 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Congrats Cherryfudge - brilliant news. B)

    #29 reporting an OP for March - the usual get rid of the odd numbers payment of £357.20....some catching up to do from a slack February. I'll be back mid-month with at least my usual OP, if not more - finger's crossed.
    YTD total - £507.45
    Thanks Julicorn :)
    Dobbi
    I’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

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  • ilselm
    ilselm Posts: 132 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    edited 1 March 2020 at 12:58PM
    Great news Cherryfudge; and all the best with achieving your next target with increasing pension contributions. I’m trying to do both mortgage overpayments and increasing savings/investments/pension at the same time so will still be a while yet until my mortgage balance shows a zero amount. 

    #21 here reporting a £1,001 reduction in the mortgage for March. Thanks,
  • bigbeff
    bigbeff Posts: 1,119 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Congratulations Cherryfudge, you are inspiring me to keep going with the overpayments :) 
    Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)
  • #138 total of £40 for Feb. Few big payments went towards house items this month so will be back on track for March. Thanks. 
    On a mission!

    2018 & 2019 MFW #138

    On babystep2 (#DR)
  • yogavibes
    yogavibes Posts: 99 Forumite
    100 Posts First Anniversary Name Dropper
    #69
    OP £1000 today thanks Julicorn
    MFW #69 Mortgage remaining Jan 2021 £221,644; Jan OP £1000;
  • pinkfluffybabe
    pinkfluffybabe Posts: 2,989 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    #64 reporting overpayment of £28.06 for February
    Not buying unnecessary toiletries 2024 26/53 UU, 25 IN
  • #93 with my first overpayment for March of £10.
    Thanks for the updates! :)
    Original mortgage total: £140,000.00 (July 2015) Original mortgage end date: June 2040
    Mortgage free start date: 16th October 2018 Mortgage total at this point: £132,829.12
    Current mortgage total: £54,762.71 Current mortgage end date: June 2032 Daily interest: £7.59 > £2.64
  • bigbeff
    bigbeff Posts: 1,119 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #9 first payment of £549.32 made for March :) 
    Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)
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