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2022 Mortgage-Free Wannabes
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#26 checking in for February. OP of £748.54 made.Thanks @julicornSmall OPs are better than no OPs
Start date - Feb 2018 £231,000 / Apr 2042
July 2025 £116,950 / Dec 2025
MFW #60…. Back in for 2025!2 -
#59 - another £200 for January (£1440 total for the month) and a first overpayment of £240 for February paid this morning.
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 -
#53
My January overpayment was £55.65 of tidies.
I hit my savings target for the month, but am having second thoughts on rushing to pay off the mortgage. Perhaps I should use the money on home improvements instead as the mortgage is so low now. Perhaps I should wait and see how my employer's latest mid-life crisis plays out or how I will be affected by the cost of living rises. Going to play it safe for now and put the savings into another account while I think about it.
Thanks for the updating, Julicorn1 -
#85 with a first overpayment for February of £55
Thanks Juliecorn27/5/17 Mort 64705 BTs 1904031/12/17 Mort 59815 BT 1673007/04/20 Mort 49208 BT 1572128/07/20 Mort 47387 BT 1263414/11/20 Mort 45905 BT 10134 20/05/21 Mort 42335 BT 686811/08/22 Mort 32050 BT 2915Sealed Pot Challenge 16 Number 51 -
Good evening all,
@julicorn - I recognise that I'm a tad late to the party, but can I please join again this year?
My OP situation is interesting as I today applied for my remortgage which should begin in April. Saying that, I need to pay off approx £12k for the new mortgage. All of this without relying on sale of my BTL, which is giving me a few grey hairs.
Therefore, for fairness of 2022 target, can you please put me for £8,000 OP target and I will only count against payments made on the new mortgage.
Manu thanks, apologies for the late entry and good luck everyone!
MFW 2021#79
Mortgage start date: May 2020 @ £269,264
Mortgage left: April @ £186,5002 -
#35 with an additional £40 OP today bringing us to 392.68 for Feb.
Thanks Julicorn
SEmergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614- MFW 2022 #35 10,000
- MFW 2023 #3 10358.97
- MFW 2024 #3 10000
- MFW 2025 #3 6945.69/10000
- MFW 2024 #3 10000
- MFW 2023 #3 10358.97
1 - MFW 2022 #35 10,000
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I received a big tax rebate in the post this afternoon so I've overpaid an extra £500 into the mortgage now.
That's £740 so far for February now already. ☺️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 > £2.641 -
Hey all nice to see us all doing so well. For February I've managed £135, less than I planned but better than nothing I suppose.
Thx julicorn2 -
#83 £150.00
Total for year £150.001 -
Hi @julicorn. I'm a bit late to the party but I would love to join the challenge if I can. I recently decided to start really concentrating on overpaying my mortgage over the next couple of years and I think the motivation and support from everyone else will really help.
Happy with any spare number. My target for 2022 is £6,000. My overpayments so far are:
January - £300
February (so far) - £386
Thanks and good luck everyoneMFW 2022 #88: £6620/£6000
MFW 2023 #38: £13242.13/£6000
MFW 2024 #38: £15792.12./£9000
MFW 2025 #38: £12183.50/£7500
Thank you to all competition posters2
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