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2020 Mortgage-Free Wannabes

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  • bigbeff
    bigbeff Posts: 1,151
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    bigbeff said:
    Thanks, I’ll bear that in mind and do my overpayments early in the month then. Thanks 🙂 now just to try and start earning a little extra income again! Any ideas? I was tutoring but have sadly lost a lot of income due to cancellations of exams. So I now need to try and build it up again.
    How about coaching sessions for parents in lockdown? you could offer Zoom confidence sessions one-to-one as a goodwill thing, building their confidence in your ability to get the key points across and some more general help on youtube - to market your skills
    Thats a really nice thought.... I'm going to have a think about this. Thank you :smile:
    Debt as of 29/12/25
    Overdraft: 1465.60 327.33
    CC1: 866.75 500
    CC2: 5699.85 5199.85
    Total:8032.30 6027.18
  • becky170
    becky170 Posts: 886
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    edited 27 April 2020 at 9:18PM
    Hello, no.7 here. We've paid off £450 in April. Thank you!
    Mortgage-free wannabe 2026 £1130/4000
  • wh_em
    wh_em Posts: 153
    Tenth Anniversary 100 Posts Name Dropper
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    Hey, #66 here, please can I report an over payment of £38 for April - that's a total of £50 this month. Thank you
    Original settlement date: Dec-54 Projected: Jul-55 (due to 3 month mortgage holiday!)
  • Urbanshyne
    Urbanshyne Posts: 105
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    Hi all, 

    No.28 with May's overpayment of £1050 - a little less than normal but during lockdown I've been persuaded to keep some money aside. 

    Hope everyone's well, 
    Best.
    Neither a borrower or lender be; for loan oft loses both itself and friend.
  • Merrylegs1
    Merrylegs1 Posts: 129
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    Hello, reporting a £500 overpayment for May. Thanks Merry #114

    Mortgage free wannabe #58
  • #93 with another £15 for April taking me to £70 for the month.
    My partner and I have almost doubled our income during the lockdown as I've returned to full time work, and obviously our spending is now much less than it was but I'm hoping to start a new business when all this is over so I'm going to keep aside £1500 a month in a separate account to cover start up costs for when that time comes. If things don't work out then I'll overpay a lump sum instead.
    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
  • becky170
    becky170 Posts: 886
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    Ooops, think I forgot to update on my March overpayment. £213 overpayment for no.7 for March please :D
    Mortgage-free wannabe 2026 £1130/4000
  • Sistergold
    Sistergold Posts: 2,163
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    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! 
    Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
    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 👯♀️
    To save £100k in 60months start 01/01/2027
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • uzubairu
    uzubairu Posts: 1,209
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
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    Hi All,
    #79 reporting an additional payment of £150.
    New total for April is:- £850

  • Qtipps44
    Qtipps44 Posts: 88
    Fourth Anniversary 10 Posts Mortgage-free Glee!
    Forumite
    Hi,

    #61 here final over payment for April of £400 making overpayment total for April £447.36.

    thanks for updating.
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