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2020 Mortgage-Free Wannabes

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  • inigma
    inigma Posts: 201 Forumite
    Part of the Furniture 100 Posts Name Dropper Mortgage-free Glee!
    Number 58 here, so we are currently bulking up our emergency fund, I am hoping come September (when my op year closes) that this nightmare is over and can make a dent. I don't think it'll be the full amount though. In a month of Sundays I never envisaged this lockdown and the wider economic impact. I hope everyone is safe and everyone is OK. 
    06/06/2023 mortgage mort dateJUST BRING IT
  • Suffolk_lass
    Suffolk_lass Posts: 10,334 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Dobbibill said:
    #29 checking in
    This morning the waitng game got the better of me.
    I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)
    This is 4 yrs 2 months early
    Thank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.
    Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth it ;)
    Dobbi
    Well done you. Many congratulations. What a great feeling that must be! 🎉🎉🎉
    Save £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 here
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    Dobbibill said:
    #29 checking in
    This morning the waitng game got the better of me.
    I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)
    This is 4 yrs 2 months early
    Thank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.
    Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth it ;)
    Dobbi
    That's amazing, well done! :o<3 What a great sense of achievement, spurs me on!

    MFW 2025 #32 £4,926.23/£3,000; MFW 2024 #32 £4,217.84/£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 2025 #48 £11,200/£14,000; Save £12k in 2024 #26 £13,055.37/£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

  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Dobbibill said:
    #29 checking in
    This morning the waitng game got the better of me.
    I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)
    This is 4 yrs 2 months early
    Thank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.
    Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth it ;)
    Dobbi
    🥳🤩🥳👏🏾
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • taka
    taka Posts: 3,483 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Congratulations Dobbi! :love::smiley::love::cookie: *need happy jumpimg emoji from the old forum here*
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
  • wh_em
    wh_em Posts: 153 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    edited 23 April 2020 at 11:43AM
    Hi! Number #66 here, I know I have been falling behind on this challenge. I lost my job to corona virus and I couldn't get furloughed either so I have been saving every penny and just trying to sit tight for the next 3 months. However, yesterday I got some great news that I CAN be furloughed after all! To celebrate and give myself a little boost I have made a small over payment of £12 (total for April = £12). I know I'm still behind but I expect to make it up later this year when this has all blown over!
    Original settlement date: Dec-54 Projected: Jul-55 (due to 3 month mortgage holiday!)
  • I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)
    This is 4 yrs 2 months early
    That’s amazing. Huge congratulations!!!!
    Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #35
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    wh_em said:
    Hi! Number #66 here, I know I have been falling behind on this challenge. I lost my job to corona virus and I couldn't get furloughed either so I have been saving every penny and just trying to sit tight for the next 3 months. However, yesterday I got some great news that I CAN be furloughed after all! To celebrate and give myself a little boost I have made a small over payment of £12 (total for April = £12). I know I'm still behind but I expect to make it up later this year when this has all blown over!
    Well done and I just want to celebrate with you for work/income situation being resolved. 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
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