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2020 Mortgage-Free Wannabes

16970727475183

Comments

  • #113 checking in with a £4000 OP for April. Thanks Julicorn. Stay safe everyone.
    Mortgage start date Nov 2014  - £90,545 over 25 years
    Re-mortgage Oct 2017 - 78,295 over 23 years
    Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
    Current Mortgage Outstanding Middle December 2020 - £
    47893.35 - a reduction of £42,652 in just over 6 years!  


  • taka
    taka Posts: 3,483 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Hi everyone! #51 here. I hope everyone is safe and well.

    April standard mortgage + overpayment takes me to a total of £185.28 off my mortgage in April so far. I have just under £740 to go before I am mortgage free! I've just realised that if I do no further OPs I will run out of mortgage to pay in April next year and I have less than £9 interest maximum to ever pay on it! Interest is now £1.38 for this month which is just under 5p a day!    :D

    Hopefully I'll be able to continue with small OPs going forwards but I need my work HR to send me my contract extension through. My boss, dept head & funder all say yes I can stay until the end of the year as expected, but HR is being very slow. Senior HR bod is now on the case apparently! :grimace: I'm very glad I have a years worth of basic living costs set aside just in case so I can sleep at night in the meantime!
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
  • Hettyhound
    Hettyhound Posts: 1,061 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Hello, number 90 checking in with an April OP of £105.  This drops me to 56,499 and my DD will go out on the 10th so I hope to make a further OP later in the month with the aim of getting below the 56k mark.  I’m due to remortgage in October so I am trying to chuck as much as I can at it between then and now but still eating obviously 😁
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; Sept 2025 £18,399.00 2025 OP £1703.13/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)
  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Hi Julicorn 
    Sorry for the delay. I can’t make any sense of this new forum and it’s very buggy for me. I overpaid £225 in February. Only £38 overpaid for March but £450 for April. So that brings my total to £713 😊
    I’ve had issues getting anything but blank pages on here as I access via my phone rather than a pc.  Thats why I was so late updating my OPs ☺️ Finally sussed if I use Yahoo browser I can access 🙂


    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • 118 reporting overpayment of £1000 for March.
    Mortgage Free
  • teameffort
    teameffort Posts: 134 Forumite
    Ninth Anniversary 100 Posts
    edited 9 April 2020 at 10:46PM
    Happy Easter all

    Hope you're safe and well.

    It's been a tough one financially this month as just got back into work following redundancy and then let go due to the current climate. However we have our emergency fund and we're OK health wise, so consider ourselves very lucky.

    April over payments total £670.49 and has meant we've maxed out our annual over payment allowance. 

    Take care 
    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
  • skippie
    skippie Posts: 91 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    #144 £1035 for march please.
    Original 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.
  • #82 with £24.01 for April.
    Haven’t budgeted it in, but I think it will be ok and I needed to do something to cheer myself up! Brings total owing to a nice meet £202500.
    Thanks Julicorn for your hard work.
    Bb
    Jan 2019: £211,500
    September 2020: £197,600
    Target: mortgage free by 2032
  • Dobbibill
    Dobbibill Posts: 4,195 Ambassador
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    #29 reporting in. 
    Hope you are all staying safe.
    OP of £53.26 as my first April payment - hoping to be back in a few days with more when my usual DD and SO go out.
    YTD - £623.82
    Respect to everyone who is going to work as a key worker. Thoughts to all those who are home-schooling - it's not easy. Stay safe all.
    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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