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2021 Mortgage-Free Wannabes
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#8 checking in with a little OP of £23.78. Might be my last OP for a while, had an expensive month of needing to buy a new PC and a new car
Mortgage - £23,500 remaining
MFW2021 #8 - £2,519.77/£3,000
Overpayments: 2020 - £4,722.83 / 2019 - £16,042.002 -
Any chance I can join this belatedly as well?
I have now finished the debt repayment part of my journey, and built a bit of an emergency fund, so trying to move onto overpaying the mortgage now (currently runs for another 18 years, trying to get that down closer to 11 or so)
Only paid a token £50 in June so far, target for the year is £5,050.2 -
Hello
#60 checking in with an overpayment for June of £700.
Thanks Julicorn
LWas MFW#60 - mortgage paid off December 20212 -
Filo25 said:Any chance I can join this belatedly as well?
I have now finished the debt repayment part of my journey, and built a bit of an emergency fund, so trying to move onto overpaying the mortgage now (currently runs for another 18 years, trying to get that down closer to 11 or so)
Only paid a token £50 in June so far, target for the year is £5,050.
You've got #68.1 -
HI all, #13 reporting in.
Slight change of plan(s) here.
I have decided to try look at saving as well in order to:
1. Benefit from compound interest
2. Build a pot to use if i want to finish work early
So I have decided to balance saving and OP'ing. Total to record for June is £600.
Also I am spending on the house (decorating, blinds, shutters, furnishing (nothing was able to be done for the last year, but all saved / accounted for) and am now focussed on my Lockdown weight.... 6.8lbs gone 9.5lbs to go to first target and review how I feel.
Suddenly my head is in 'that' place and I can get things done!
Thanks @julicornMortgage 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!!!2 -
hi all Number 45 checking in with £2560 for May. Extra work from January 2021 finally paid and now banked. Though part also paid for a one night stay in Scotland to visit relatives for first time in 2 years! Better to squeeze in a trip between lockdowns.Thanks julicorn2
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#59 - Checking in with my first overpayment for June - £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 > £2.642 -
Current mortgage - £12000
aim to pay £6000 this year (mfw #20)
£3000/£60002 -
#98 uzubairu
May = £465.89
June = £655.592 -
#15 checking in with an OP for June of £50 so far. Thanks 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
2
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