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2021 Mortgage-Free Wannabes

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Comments

  • #41 OP £19 from cash back and surveys
    Feb total £216.10-Thank you Julicorn
  • #107
    £200 payment for February. Hoping to add more towards end of the month.
    Thank you so much Julicorn for taking the time to do this. I've squandered so many years of doing nothing and this helps me keep myself accountable. It's so satisfying seeing the debt tumble down.
  • Hello. 

    Please can you add £350 for January and £350 for February? Total so far £700. MFW #94. 

    Organising our remortgage soon! Is it weird that I'm excited?! 
    Initial 2 year fixed Mortgage (July 2019): £158,747 over 18 years. Overpaid £14,250 in Year 1, £13,400 in Year 2. Total mortgage reduced by £40,790 in 2 years. 

    New Mortgage (five year fix at 1.81%): June 2021
    Current Balance (01/06/2021): £117,957 over 14 years. Total overpayment in 2021 of £13,850. Lapsed tracking! Total Owing November 2022: £100,513. February 2023: £97,535. April 2023: £88,739. July 2023: £87,481. August 2023: £85,512. November 2023: £83,053. 

    Original End date: June 2039. Now June 2035. *GOAL* Mortgage Free by 2030.


  • #30 first OP of the year £3000.
    Thanks Julicorn
    Mortgage start date Nov 2014  - £90,545 over 25 years
    Re-mortgage Oct 2017 - 78,295 over 23 years
    Re-mortgage Jan 2020 - 55,000 over 26 years @ 1.94%
    Current Mortgage Outstanding Middle December 2020 - £
    47893.35 - a reduction of £42,652 in just over 6 years!  


  • danby22
    danby22 Posts: 78 Forumite
    Part of the Furniture 10 Posts Name Dropper
    Hello Julicorn!
    #102
    Late report for January for me, with £1800 put in.  Will come back to you on the Feb numbers soon!

    Cheers!
  • twinklie
    twinklie Posts: 5,183 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #6 - an unexpected extra OP of £7.09, bringing February's total to £121.21
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
    % of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • #133 just made February OP of £147.58.

    Thankyou :smile:
    MFW - #133 - 2020 Challenge - £1230.67 / £1159
    MFW - #133 - 2021 Challenge - £1328 / £1270
    MFW #56 - 2022 Challenge - £325.35 / £1296
    Mortgage began Jan 2019 - £115,900
    Mortgage Currently            - £105,160
  • Another £210 off my mortgage total this morning please - that's £615 for February now! 🙌🏻
    Thanks for updating. 😊

    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
  • #15 checking in with another £50 overpayment for February making a total of £900 total for this month so far. Thanks Julicorn 
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £628.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.48
  • Lee-10
    Lee-10 Posts: 56 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    #93 another £20 for February, bringing February's total to £120 so far :)

    Thanks Julicorn 
    MFW2021 #93 - £330/£2200
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