2020 Mortgage-Free Wannabes

julicorn

beadyeyes19 said:

I'd like to join please. I'm new to this site and forum. 
Mortgage at the start (July 2019) = £158,747 with 18 years remaining. Goal is to pay off within 10 years. 
Current remaining (as of 1st April) = £148.213
Currently overpay £250 automatically each month. Looking to make a down payment of £5k this week (potentially more) from savings depending what our remaining overpayment allowance is. Will update with figures once I have them this week. Looking forward to getting to grips with being a MFW!

Hi, and welcome to the forum! Let me know how much you're planning on overpaying this year (i.e. your goal), and how much you've overpaid so far this year (I'm assuming £250 each month, but checking just in case), and I'll allocate you a number

frankersBri

Rounded down my current account and sent that to the mortgage. Another £38.93 taking me to £2,558.36 OP May.

bb_queen_

Good morning
#142 here
Can I add another OP of £25 please (courtesy of MSE energy club cashback). Bringing my May payment to £396.44

Thank you Julicorn

Brindlebabe

Hi team,
Another £547.58, which makes May total £997.58 I think. 
Slightly regretting the overpayments already as I'd forgotten I had to pay car tax/insurance and then my mother-in-law needed new phone and iPad. To cut a long story short, it's come out of our account, which is fine because she'll pay us back when she can get to the bank (who know....?) but it just makes the accounts look a little borderline just now. 
Still, payday tomorrow, and all the money we overpay we don't have to pay interest on anymore, so that's something to enjoy.

Hope everyone is hanging on in there, in this increasingly irritating situation. 
Bb

discotek

Hi julicorn - can I sign up please?
Original mortgage balance: £147,188.00, 30 year term, started September 2019
Current balance: £145,500.00 
Goal - get down to 60% LTV in September 2021: £117,750
2020 MFW goal: £10,800
2020 OPs so far: £596.27

sb29

Hi Julicorn, please add £500 for #98

scottishlass

Another £100 for May bringing total to £645.17 for May.  Thank you

Moneyminded

#110 checking in with an over payment for May of £738.12
Thanks Julicorn

skye_blue

hi (No 73 here)
please add £120 for my final May payment (May total £300)
Stay safe everyone
Thanks Julicorn

beadyeyes19

julicorn said:

beadyeyes19 said:

I'd like to join please. I'm new to this site and forum. 
Mortgage at the start (July 2019) = £158,747 with 18 years remaining. Goal is to pay off within 10 years. 
Current remaining (as of 1st April) = £148.213
Currently overpay £250 automatically each month. Looking to make a down payment of £5k this week (potentially more) from savings depending what our remaining overpayment allowance is. Will update with figures once I have them this week. Looking forward to getting to grips with being a MFW!

Hi, and welcome to the forum! Let me know how much you're planning on overpaying this year (i.e. your goal), and how much you've overpaid so far this year (I'm assuming £250 each month, but checking just in case), and I'll allocate you a number

Hi, yes, overpaid £250 each month so £1250 so far this year. 
I should get a mortgage statement next month as it's a year since we took it out so it should have calculated all of our overpayments in then too. 
Goal for 2020 is to overpay £8,000.