2021 Mortgage-Free Wannabes

AntoMac

#66 making a second overpayment of £33 taking my total for January to £83.
Interest from another matured monthly saver.
Thanks Julicorn

uzubairu

Hi julicorn,
It’s uzubairu (I was #79 last year)

Please can I join again this year?
I don’t mind what number you assign me
Target for 2021 = £5,500
January overpayment = £500

julicorn

D123456789 said:

Hello 
I would love to join please!

since I had a baby I have been on interest only mortgage payments. It’s my goal to pay of 10 percent of my mortgage each year. So for 2021 this will be approx 11720 pounds ( or just under 1000 pounds a month) I realise this is cheating a bit as I am on interest only and if I was on repayment it wouldn’t be that much of an overpayment but I needed flexibility and so this is the situation I am in. I am really hoping to have my mortgage paid off in 10 years but anything can happen in this time frame so I will focus on this years goal! 

That's definitely not cheating - welcome to the challenge! I've given you #83. 

sarahevie1 said:

Hello I would like to join please. 
Since buying a BTL in July 20; I've gone from having no mortgages (thanks MSE!) to having two (I remortgaged another BTL to fund the deposit on this new acquisition. )

My BTLs are both interest only. 
Mortgage 1 £51,000
Mortgage 2 £119,000 
I'm not going to be throwing all my cash at the mortgages like I did previously to be mortgage free at home as I need to keep an emergency fund as a single Mum of three and especially with the financial implications of the pandemic. 

I'd like to aim for £9600 or £800 per month. 

Welcome to the challenge, thank you for joining! Sounds like you've already paid off a mortgage before, I'm sure you can tackle them again. You've got #85.

everach said:

im so far behind, can i tot up my 2020 total and get back to you with a new goal for 2021?  Im so fsr behind i cant even  remember my number 😭. 

Ill sort myself out and come back with all my data to input . Sorry guys 

No worries at all - just let us know when you've set a 2021 target, and I'll give you a new number then


@WannabeSavy said:

Hi Julicorn,

#121 reporting in with a first op of £270.80

I’m sat all lonely at #121 so if you did want to move me to tidy your sheet I’m more than happy to move. What ever is easiest? Although I’m sure there will be more joining us. 

Thank you and let’s nail this year. X

That's perfect, thank you - gotta love a tidy spreadsheet! I've moved you up to #89

julicorn

Lee-10 said:

Evening All, 
Maybe a bit late, would it be possible for me to join this challenge? I have just paid off all debt, now would like to start this challenge.

If Accepted my aim would be 1% (£2200)
Thanks

Lee

You're definitely not late, we'll probably still have people join in November and that is all good Congratulations on your debt pay-off and welcome to the challenge, you're our #93.

julicorn

uzubairu said:

Hi julicorn,
It’s uzubairu (I was #79 last year)

Please can I join again this year?
I don’t mind what number you assign me
Target for 2021 = £5,500
January overpayment = £500

Of course, welcome back! Good to have you on board again. Your number this year is #98.

julicorn

We have also collectively overpaid over £30k already, fantastic start everyone!  

Lee-10

#93 first payment of £75, thanks

Perkipsie

Hi, can I join please?

Last year I decided to try and reduce our mortgage by overpaying and did it alone and managed almost £20k. I didn’t realise this forum existed and hope to continue my efforts alongside others doing the same. I’m hoping to reach £20k by 31st December and have started with a £2500 payment yesterday.

juliejim

Hi Julicorn
Can I join in with a target of £5000 please?
Thanks
Jue

Porridgecat

No 95 signing in with another £110 overpaid. The bank transfer for £10 found the right account so now I'm testing again with £100 before I send the rest over. The mortgage is now sub £30 000