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2021 Mortgage-Free Wannabes

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  • jennystarpepper
    jennystarpepper Posts: 800 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 10 May 2021 at 6:29PM
    #16

    £36.23 are the scraps / change and gatherings so far, please julicorn.

    Fingers crossed I can get together enough to reach my 3K target, whop whop.  Mortgage is going down by 1k a month at the moment which I am very, very happy with.  Low maintenance Mr Pepper has been informed we are not spending anything this month... (my mantra, lol), he is happy as long as he has a beer in the fridge and money for a bacon sandwich at work.

    Car insurance £136.15 ... another win, just need the veg plot to start producing, I will not need to buy spuds for 6 months!
    MFW - 01.10.21 £63761   01.10.22 £50962   01.10.23 £39979   01.10.24 £27815. 01.01.25. £17538
    01.03.25 £14794.    01.04.25 £12888
    01.05.25. £11805. 12.05.25  £9997   05.06.25  £8898. 
     01.07.25. £7975  01.08.25 £6968

  • Porridgecat
    Porridgecat Posts: 311 Forumite
    Third Anniversary 100 Posts Name Dropper Photogenic
    Porridgecat signing in with a small overpayment of £20. My MIL gave me some money back from eBay sales so I have split it between short term savings, holidays, long term savings and mortgage. This make s a total of £832.75
    Mortgage Free 23 December 2020
    Savings £9671 / £20 000 goal
    Emergency Fund £216 / £1000 goal
  • #124 with another overpayment of £309 making total OP for May so far £415.09

    Thank you 
    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

  • #115 reporting an overpayment of £500 :) 
    Thankyou x
    Current mortgage - £12000
    aim to pay £6000 this year (mfw #20)
    £3000/£6000

  • Anagran
    Anagran Posts: 178 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi,

    Sorry for being awol from the challenge. I had high hopes for overpaying the mortgage this year but plans have changed. I have not made any OPs this year as it is now looking increasingly likely that I will be adding to my mortgage to help cover building work that might go ahead towards the end of the year or early next year. I hope to join next years challenge with a new mortgage amount and a new target. Best wishes to everyone taking part in the challenge. I will continue to read your updates with interest. 

    Anagran #68
  • julicorn
    julicorn Posts: 2,592 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Anagran said:
    Hi,

    Sorry for being awol from the challenge. I had high hopes for overpaying the mortgage this year but plans have changed. I have not made any OPs this year as it is now looking increasingly likely that I will be adding to my mortgage to help cover building work that might go ahead towards the end of the year or early next year. I hope to join next years challenge with a new mortgage amount and a new target. Best wishes to everyone taking part in the challenge. I will continue to read your updates with interest. 

    Anagran #68
    Thank you for letting us know! All the best for your building works, and we look forward to having you back next year.
  • powerspowers
    powerspowers Posts: 1,339 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    julicorn said:
    #76 with a second overpayment for May of £47.66
    thanks Julicorn 🤩
    Thank you for your update! I assume that takes your total for May to £64.82? Let me know if that's right - for future updates, it's super helpful if you can give a monthly total as well, it avoids me misunderstanding :) 
    Yep that’s right! Just made a third OP for May of £67.37 bringing me to £132.19. Thanks julicorn, it’s a weird month, in future I won’t be making as many small OPs 
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,600/£5,000


  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    Hi All
    #2 with updates April £500.00 and May £500.00 over payments.
    Thank you Julicorn  :)
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • ilselm
    ilselm Posts: 132 Forumite
    Eighth Anniversary 100 Posts Name Dropper
    Hello, #24 here with another £200 for May. This brings month total to date of £1,200. Thanks, 
  • julicorn
    julicorn Posts: 2,592 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    julicorn said:
    #76 with a second overpayment for May of £47.66
    thanks Julicorn 🤩
    Thank you for your update! I assume that takes your total for May to £64.82? Let me know if that's right - for future updates, it's super helpful if you can give a monthly total as well, it avoids me misunderstanding :) 
    Yep that’s right! Just made a third OP for May of £67.37 bringing me to £132.19. Thanks julicorn, it’s a weird month, in future I won’t be making as many small OPs 
    You can make as many as you like, with overpayments it's always the more, the merrier <3 Just wanted to make sure I got it right. 
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