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2021 Mortgage-Free Wannabes

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Comments

  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    #13 reporting an OP of £1051 for May. There wont be any more his month 

    Thanks for updating!
    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!!!
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No 6 reporting in - £51.38 OP this morning. Should have been a nice round 50 but I worked out my interest wrong and ended up £1.38 over where I should have been which meant I hadn't dropped below the next round 10K like I was hoping. Doh!
    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
  • eternal_sunshine
    eternal_sunshine Posts: 143 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Number #124 with an OP of 106.09.
    thanks Julicorn 
    Mortgage free wannabe #124
    Mortgage due to be cleared January 2036 / goal is 4/5/26 (40th birthday)
    Starting balance £117000 November 2010
    Balance as of 5/4/21(date decided I wanted to become mortgage free) £89426.62 / current balance £82000
    Daily interest at January 2021 £4.76
    Current daily interest £4.39

  • Coffeekup
    Coffeekup Posts: 661 Forumite
    Ninth Anniversary 500 Posts Name Dropper Combo Breaker
    Hi Julicorn.... 118 here with and op for may of 1
    £164.
    Thank for your work again.
  • ElmoR
    ElmoR Posts: 414 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Number 45 here, checking in with a big un for April of £4755.
    We had a regular saver mature and decided to add that :)

    Thanks julicorn
  • flipper_72
    flipper_72 Posts: 681 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Number 73 with a May overpayment of £150.

    Thanks juliecorn 
  • MFdreamer
    MFdreamer Posts: 101 Forumite
    10 Posts First Anniversary Name Dropper
    Thanks for updating Julicorn ☺️

    #3 checking in with my May overpayment of £2,100. 

    That makes £10,750 so far this year which I’m really pleased with. The end feels in sight which is helping to keep me on track. The great thing about my offset mortgage is I can chuck every spare penny at it without worrying about it being tied up if I need it back in an emergency. 
    MFW
    1 Nov 2020 @     £42,204 to go in 34 months! (£1,241 a month)
    1 September 2021 @ £17,500 to go in 24 months (£729 a month)
    MFW 2021 #3 - £24,148/ £17,500 🙌


  • IndiJonesi
    IndiJonesi Posts: 505 Forumite
    500 Posts Fourth Anniversary Name Dropper Photogenic
    edited 2 May 2021 at 2:58PM
    Hi @julicorn, I'm currently #14 for my mortgage op's but I've just read on the first page that we can have house-related targets too.  So might I be allocated a different number for renovation work that I need to save up for?  If that is possible, my target for stage 1 renovation is £7966.50.  Thank you, Indi
  • julicorn
    julicorn Posts: 2,592 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    IndiJonesi said:
    Hi @julicorn, I'm currently #14 for my mortgage op's but I've just read on the first page that we can have house-related targets too.  So might I be allocated a different number for renovation work that I need to save up for?  If that is possible, my target for stage 1 renovation is £7966.50.  Thank you, Indi
    Hi Indi, it's not something that's really been done before, but I don't see why not! :) Happy for you to have #127 to track your renovation target, and I've added your goal now.
  • IndiJonesi
    IndiJonesi Posts: 505 Forumite
    500 Posts Fourth Anniversary Name Dropper Photogenic
    Thanks @julicorn.  This will allow me to keep motivated as the renovation is going to take precedence over the mortgage for the next few months and I like to keep tracking and seeing my financial goals reached.  Indi 😊
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