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2020 Mortgage-Free Wannabes

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  • skye_blue
    skye_blue Posts: 304 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi (No 73 here)
    Pls add £119 final April payment (April total = £210)
    Take care everyone & thanks Julicorn

  • #93 making my first overpayment of May - £10.
    Thanks for continuing to update. 😊
    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
  • Sistergold
    Sistergold Posts: 2,136 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning 
    How do I subscribe to a thread? At present I have to scroll everywhere and find the threads I have been reading and commenting on. X
    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. 🤓
  • Suffolk_lass
    Suffolk_lass Posts: 10,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Good morning 
    How do I subscribe to a thread? At present I have to scroll everywhere and find the threads I have been reading and commenting on. X
    Next to New Post, there is a teal coloured bookmarks option. Click on bookmark and then when you want to check your subscriptions, there is a bookmarks drop down next to Inbox (personal messages), notifications (depends what you have set under profile) and Profile (where you can set up your preferences, signature and so on).
    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
    #32, I guess it's good that I'm making this a habit ;)
    Wow its so amazing to hear many people becoming MF or close to it, especially in these unique circumstances. Had a surprise this morning as I got an automated overdraft notification. Never been in my overdraft in my life :(. It seems they have taken a payment twice. All sorted now. An inflated OP, as I have a tracker mortgage and it has reduced by £69 this month and £72 onwards. 2nd OP amount for May is £572.45 (inc.Tilly tidy), bringing my May total to £633.63 and means I'm only £100.91 from my target :) At some point i'll address the 91p as it'll annoy me. As I'm on the save £12K in 2020 group, I wont change my target just yet.

    Thanks Julicorn and MFW!

    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

  • Qtipps44
    Qtipps44 Posts: 88 Forumite
    Fourth Anniversary 10 Posts Mortgage-free Glee!
    #61 reporting a £52.27 overpayment for May.

    thanks
  • julicorn
    julicorn Posts: 2,592 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Morning Julicorn and everyone else!

    Big news in my wee world in regards to the OP's. Like a lot of people here, I can only pay 10% of my mortgage which equates to £8072.30 and this starts (and resets) on the 1st March each year. Yesterday I bit the bullet and paid the remaining full amount off. This has only left me with £2700 EF but I am due to get a refund from my AMEX for a chargeback and as I work for the NHS, I have a very secure job in the current climate. My new aim is to build this EF up and also save as much as I can for March when my amount resets to £8072. I have worked out that I have 22 payments left to make and I then hope to be MF!!! 

    MFW: Miss Pinky - Number 15 - Total amount for May - £5500
    I love reading all the threads so will still be lurking about! Thanks all! 
    That's fantastic, well done for hitting your goal so early on in the year!
  • benmclaughlan
    benmclaughlan Posts: 51 Forumite
    Fourth Anniversary 10 Posts Name Dropper Combo Breaker
    No/6 reporting in with some over pay updates February £1200.00 / March £1800.00 / April £2200 / May £1250 so far. 
    Thanks Ben
  • scottishlass
    scottishlass Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Number 20 reporting in an extra £500 for May slightly accidental as transferred too much money out of an account so put it too good use.
    2020 Mortgage-Free Wannabes #20 £1495.03/£2760 OP
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