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2020 Mortgage-Free Wannabes
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Payday for me #129 so with overtime have made a March overpayment of £2381.29. This brings my March total to £2484.59. Thank you Juliecorn2
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First overpayment for March - £27.56. I’m #82 on the spreadsheet.Hoping to add to it at the end of the month but, as usual, just glad to get something in there!
Thanks Julicorn for updating. I’m finding this very helpful and enjoyable so far this year, even if my target may not be attainable in the end, at least it’s encouraging me to overpay by what little bits and pieces I can.
BbJan 2019: £211,500
September 2020: £197,600
Target: mortgage free by 20323 -
#93 with another £15 for March (£25 total for the month now). I feel like I'm making tiny chips away at the mortgage and I know it all adds up but it would be nice for it to go down a little faster! I have a job interview today though for a job £15k more than I'm currently on. Money would go straight into the mortgage each month if I got the job... 🤞
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 > £2.643 -
Hi Juliecorn.
#144 touching base. AN additional £113 for January and for February £1281. ThanksOriginal 35 year mortgage: January 2016, £306,000
January 2022 : £198,000 (£30k saving pot split equally between cash and alternative investments)
January 2022: 2x £3k child ISA.2 -
Hi everyone!
#30 here with a little March OP of £40.
YTD = £150.
This part of the year is quite tight for us, I am hoping to overpay more from the end of April.
Thanks.3 -
Morning
#13 reporting in for March. Thus month's OP is £1193.55, Total OP so far this year £3493.29. Total overall payments this year £7470.91.
Well on my way to my £13,000 OP target, so I am pleased.- although im just buying sofas for the kitchen and a new bed for me so I may skip a few payments to pay cash for those. Confident I can still hit target though.
Good luck everyone and thanks Julicorn!
MM
xxx
Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!3 -
Another £21.31 making March total £601.97 so farDebt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)
- DFD: September 1st 2023[/b]
Savings diary: https://forums.moneysavingexpert.com/discussion/6472040/time-to-build-my-future#latest
2 - DFD: September 1st 2023[/b]
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Morning!
#121 reporting March overpayments of £2495.66. (Using some savings) My mortgage deal is coming to an end and need to get LTV down to next band! 😊 taking my year to £4328.29. A new rate will reduce my interest on mortgage from £13.21 per day to £8.02 per day. 🤩 (locking it in for 5years)
Can you revise my target to £6250 please Julicorn. You are all inspiring me- well done all and thank you. The small bits really do add up. TTs are my new fav thing.MFW #1213 -
WannabeSavy said:Morning!
#121 reporting March overpayments of £2495.66. (Using some savings) My mortgage deal is coming to an end and need to get LTV down to next band! 😊 taking my year to £4328.29. A new rate will reduce my interest on mortgage from £13.21 per day to £8.02 per day. 🤩 (locking it in for 5years)
Can you revise my target to £6250 please Julicorn. You are all inspiring me- well done all and thank you. The small bits really do add up. TTs are my new fav thing.
I also love TTs - they are really addictive but I am slightly obsessed with themSave £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 here2 -
No 70 reporting an OP for March of £500. Thanks julicorn.
MFW 2025 No. 7 £1130/£1200
MFiT-T7 No. 6 £2873.51/£30,0002
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