2021 Mortgage-Free Wannabes

julicorn

glass_half_full said:

#55 reporting a final OP of £7,200 today which clears my mortgage!
Thanks Julicorn for this challenge which has kept me focused on the goal. Good luck to you all.

Absolutely fantastic news, congratulations! I hope you get to celebrate this weekend

julicorn

mark55man said:

julicorn said:

mark55man said:

Hi Julicorn

#57 reporting back as of 28/06.  

.. snip

Hi there! If you have a minute, could you do me a favour and have a look at what I have logged for you on the spreadsheet, and how that compares to your own records? My total and yours are a fair bit apart, so it would be great if you could let me know what addition you'd like me to log for each month. Thank you!

@julicorn I think the problem my be your records are 2021 and mine are since inception.  I will try and be clearer (see below) and then maybe we can see if there is a problem.  Also, my totals include some small investment returns so it may not be literally a roll up of the contributions.  I'm just happy to be accountable so if I'm making it difficult for you then please do what's easiest for you - up to not tracking. 

My analysis of the spreadsheet suggests if you added £1400 in June and £1700 in July.  Your total and my total for 2021 will be the same

End of July report - As a reminder my approach (as an older poster who finally got the OP message but with quite limited OP opportunities) is through using my pension pot to build up a Mortgage Neutral pot (DIY offset, with tax and company contribution advantages) that I can then use to pay down the mortgage 

• I have added an £13.5k to my MN pot since I started, £1700 in July, £11801 since 1/1/21
  
• My Mortgage Balance is £93.3K  
• I am now £79.8K away from being Mortgage Neutral
  
• Current target for Mortgage Neutral is still Jun-23

I hope that's clear - I know I'm not normal,

  

Fantastic, thanks so much for taking the time to have another look at it  

Barny1979

Barny1979 said:

Barny1979 said:

Barny1979 said:

Barny1979 said:

#43 £30.59 Op £605.59 for July, £2330.84 in 2021.

#43 £1.14 from topcashback so £606.73 for July and £2331.98 in 2021

#43 £2.22 from Quidco, so £608.95 for July and £2336.20 in 2021.

#43 another £200 OP’d so £808.95 for July and £2536.98 in 2021.

#43 £30.00 OP’d so £838.95 for July and £2566.98 in 2021.

eat_that_frog

Hi Julicorn, #84 here with another OP of £1000, which takes my total OPs for July to £6000. Thanks very much

eternal_sunshine

#124 with 736.81 total for July (changing tact slightly and saving OP money to a pot rather than directly off mortgage but that’s the amount I have allocated).

jennystarpepper

#16 Final total for July £423.62

Balance will be in the 65k's in the morning.

Many thanks julicorn

Hettyhound

Hi Julicorn, number 90 with a July overpayment of £555.  I checked my allowance which is up to the end October so I now have £1,000 allowance left between then and now which I should be able to manage!  Thanks for updating 😍

Mortgage_Minimiser

#13 checking in with an OP of £1002 for August.

Thanks Julicorn for keeping this all updated!
MM
x

ajmoney

No 70 with an OP for August of £430.  Thanks julicorn.

FtbDreaming

£63.05 for #26 in August please