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2021 Mortgage-Free Wannabes

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Comments

  • SandyShores
    SandyShores Posts: 1,981 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Hi All
    #29 another overpayment made for April of £81.66 to keep the mortgage down to the 000s.
    Total Overpayments for 2021 now £353.71
    Target a little behind as we've spent a lot more on the house than originally planned.  
    Thanks Julicorn.
    Sandy
    "Think of many things, do one"
    Mortgage 30 Aug'25 est. £209,500 £309,749 2020 (current ends 2038)
    Seven Goals; 12.5lbs lost in 4 months (5.5lbs to go); walk/run/exercising/weights/yoga 

  • family355
    family355 Posts: 170 Forumite
    Third Anniversary 100 Posts Name Dropper
    edited 2 April 2021 at 10:52AM
    #41 £137.12 regular OP plus £13.86 round down 
    April total so far £150.98...will be adding a £25 bond win when it clears
    *Thank you julicorn
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    #13 checking in. 
    Completely changing my approach to this, but will carry on with some OPs. £550 OPd for April. I'm not logging  it but I've decided to also invest, and hopefully benefit from compound interest (currently averaging 8% growth). So, I put 10k in  March and started with £300 in April - increasing to £500 next month etc. Determined to still achieve my MFW 2021 target though!

    Thanks 
    MM
    x
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • Dorastar
    Dorastar Posts: 2,175 Forumite
    Part of the Furniture 1,000 Posts
    Cancelled a £10 direct debit that we don't really need and sent in gas and electric reading and our monthly amount has gone down by £18 so have shuffled a sneaky £30 over to the mortgage. Starting small but every step is an important one. #122
    Mortgage £119,533 going down slowly
    Emergency fund £1000/£1000
    Savings for big things £9017
  • Chili81
    Chili81 Posts: 47 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Hi all. #10 here. £500 for April please. Am also in two minds about OP vs investing atm but really like the psychological boost of seeing mortgage reduce so will carry on with OP for now. Thanks Julicorn.
  • flipper_72
    flipper_72 Posts: 681 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    #73 with an April overpayment of £271.35 taking the outstanding amount to £109,999.99. 
  • turtlemoose
    turtlemoose Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #27 with £148.48  for April please :)
  • ElmoR
    ElmoR Posts: 414 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Good morning all.
    Number 45 reporting in for March please. Two regular savers matured this month and I've shuffled them off to the ISA for now. A large amount for me - £5302. The odd pounds all help :D
    many thanks julicorn
    ElmoR x
  • OhtobeMortgageFree
    OhtobeMortgageFree Posts: 324 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    #59 checking in with my first overpayment for April of £205.
    Thanks for the updates! 😊
    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
  • Porridgecat
    Porridgecat Posts: 311 Forumite
    Third Anniversary 100 Posts Name Dropper Photogenic
    No 95 Porridgecat reporting first April overpayment of £562.75. Thank you Julicorn
    Mortgage Free 23 December 2020
    Savings £9671 / £20 000 goal
    Emergency Fund £216 / £1000 goal
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