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2021 Mortgage-Free Wannabes

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  • MrsC....tobe
    MrsC....tobe Posts: 1,103 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    #117 popping in with another £600 op.  Feb total currently £905.
    No longer ...tobe! Married 20/06/13MFW 2021 #117 £5415.40/£6000MFW 2022 #77 £3740/£3000MFW 2023 #82 £0/£3000
  • MrsC....tobe
    MrsC....tobe Posts: 1,103 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    Does anyone else keep their own spreadsheet for their mortgage to track direct payments, overpayments, and interest?  I’m getting quite obsessed!  
    Some folk would say it’s sad, but I’m quite looking forward to getting closer to the mortgage free goal and being able to see it coming down.  Daily interest still £5.45.
    No longer ...tobe! Married 20/06/13MFW 2021 #117 £5415.40/£6000MFW 2022 #77 £3740/£3000MFW 2023 #82 £0/£3000
  • f0xh0les
    f0xh0les Posts: 7,626 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Photogenic
    MrsC....tobe said:
    Some folk would say it’s sad,
    They are not our people. 
    4/10/22One Year Mortgage Free Yay!
    NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 No Turtle gets left behind.[/b]
    ******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******
  • MrsC....tobe
    MrsC....tobe Posts: 1,103 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker PPI Party Pooper
    f0xh0les said:
    MrsC....tobe said:
    Some folk would say it’s sad,
    They are not our people. 
    They most definitely are not!!!
    No longer ...tobe! Married 20/06/13MFW 2021 #117 £5415.40/£6000MFW 2022 #77 £3740/£3000MFW 2023 #82 £0/£3000
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Oooh I love these visual representations you all have. I'm definitely thinking of stealing one of these ideas. 
    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
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    SandyShores said:
    bigbeff said:
    I have 100 square and I colour in a square every time I have paid of 1%... I have 29 squares coloured in now :) It's weird how a visual thing can push you to overpay a bit more! 
    I was just saying about doing this myself and then I popped in here and saw that you do it too!  I love this idea - well done for having 29 squares, I've only got 7 at the moment but I'm so looking forward to colouring in the rest.  I think they ought to give one of these out to everyone who takes out a mortgage - a bit like a smiley face chart for adults. :smiley:  
    So I've just done the same and I have 10 squares. :smiley: I can't even imagine 29 squares I'm about 4 years away from that I think all being well.
    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
  • Shal1160
    Shal1160 Posts: 60 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Morning all
    I like this squares idea! I inherited some funds this month so made a £3000 overpayment, taking Feb overpayment total to £3200. Please can I change my 2021 target to £5400? Thanks Juliecorn!  :)
    Mortgage start: Sept 2018 £140,000 (30 years) Sept 2020: £129,131 
    Sept 2021: £121,000 (remortgaged for 22 years), Sept 2022: £111,009, Sept 2023: £101,700, Sept 2024: £94,405
    Current: £86,450 (Jul 25)
    MFW 2025 #29
    Just keep swimming
  • Hettyhound
    Hettyhound Posts: 1,046 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Hi Julicorn, hope you are well.  Number 90 with a February overpayment of £415.  Many thanks, Hettyhound 🙂
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; June 2025 £19,394.00 2025 OP £1589/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)
  • cod3
    cod3 Posts: 805 Forumite
    Part of the Furniture 500 Posts Mortgage-free Glee! Combo Breaker
    #53
    My visual aid is a house I drew on excel with a roof and a clipart sun  B)   I colour in a brick orange for every £100 my mortgage comes down.

    My February overpayment is £413.26

    YTD = £1,028.62  Thank you, Julicorn   :)
  • Moneyminded
    Moneyminded Posts: 288 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Good morning, 
    #15 checking in with another OP of £970.53 making a total of £1,870.53 for Feb. Thanks for updating Julicorn
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £378.00/ £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
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