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2021 Mortgage-Free Wannabes
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Happy New Year everyone! We're super close to £900k, just in case anyone needs additional motivation to send another end-of-year overpayment4
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Thanks for the motivation julicorn - I've just made a final overpayment for December (and most likely for the year) of £3000, bringing my total for this month to £3296, so that should do it! (no. 100)
Original mortgage: £278,827 (September 2018)
Current mortgage: £0 (15.07.2023)
Original mortgage-free date: September 2033
Current mortgage-free date: July 2023
MFW 2023 #10: £28,909.64/£25,0001 -
JaggedFlamingo said:Thanks for the motivation julicorn - I've just made a final overpayment for December (and most likely for the year) of £3000, bringing my total for this month to £3296, so that should do it! (no. 100)
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MFW - 01.10.21 £63761 01.10.22 £50962 01.10.23 £39979 01.10.24 £27815. 01.01.25. £17538
01.03.25 £14794. 01.04.25 £12888
01.05.25. £11805. 12.05.25 £9997
05.06.25 £8898. 01.07.25. £79752 -
#22 reporting total overpayments for December came to £140.60Thanks and have a great weekend everyone!Mortgage free I: 8th December 2009!
Mortgage free II: New Year's Eve 2013!
Mortgage free III: Est. Dec 2021...1 -
#86 with a final OP for December of £397.04. Happy new year & see you on the new thread!Finally bought a homeStarting mortgage £289,500 31.01.19 - Current outstanding £192,984.78/CENTER]Overpayments since 27.03.19: £52,341.432
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#98 -Final December updated = £9551
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We have decided to move house, and are still in the fixed term period of our mortgage so to minimise our ERC I made the maximum fee-free overpayment on 31st December. That takes me to a very unexpected total of £14438.2 for December (Number 99). I'm going to keep my overpayment aims for 2022 the same, but moving house (and increasing our mortgage) is going to make it much more challenging! Thanks so much for running this challenge Julicorn, I've found it very motivatingMFW2023 challenge #99: £1090.11 / £1,000 MFiT-T6 (Jan 2022 - Jan 2025) challenge #99: Reduce mortgage to £400,000. Current balance = £413,551.19 Initial MF date (23rd Aug 2022): Sep 2051 Current MF date: Jul 2051 Last updated: 15/06/20231
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#32 sorry Julicorn I made a last OP for December of £679.92 which means my December total is £1,341.62. Thank you See you on the MFW 2022 everyone.
MFW 2025 #32 £4,006.43/£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
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