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2022 Mortgage-Free Wannabes

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  • jackieblack
    jackieblack Posts: 10,519 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #4 reporting my OP of £125 for March (offset)

    Thanks julicorn 🙂
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
    2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £1350
    2025 target = £1200, YTD £9190
    Quidquid Latine dictum sit altum videtur
  • SandyShores
    SandyShores Posts: 1,973 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Bit of a slow start for me this year and this month.  I've paid the grand total of £3.55 to the mortgage today.

    So now my total is:   #47   £55.85 / £5000

    I'm afraid I'll be making daily payments for the last few days, so will try to group them together :smile:
    "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 

  • Merrylegs1
    Merrylegs1 Posts: 129 Forumite
    Tenth Anniversary 100 Posts Name Dropper Photogenic
    Hello,

    #64 with a £500 overpayment please.

    thanks 😊
    Mortgage free wannabe #58
  • #13 here.

    A very slow start to this year - so many expenses at the moment! Anyway, £84 sent today to keep the the mortgage under that £000 bracket. 

    Total so far £1084. Hoping the payments can increase soon.

    Thanks @julicorn

    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!!!
  • Sorry I’m late in reporting £1006.28 for both February and March went out with my normal direct debit on 1st of the month. 

    With the increases in the cost of living I am pleased that we have control of the mortgage and a clear pathway to being mortgage free, it is by far our biggest expense, so to have the security of home will enable us to absorb the other increases in time. But we may have to reduce our overpayments if we continue to be squeezed. We will have to see, but we can really see our mortgage balance dropping now. 
    Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #35
  • IndiJonesi
    IndiJonesi Posts: 505 Forumite
    500 Posts Fourth Anniversary Name Dropper Photogenic
    #14 checking in with an additional March o/p of £325.37 which takes me to £3662.58 for March.
    Thanks for the updates @julicorn
    Indi x
  • Nichelette
    Nichelette Posts: 2,129 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi, 

    #86 - Can I please record £220 for March. First month paying for nursery so we'll see how much we can OP going forward..

    Thanks!
    Finally bought a home
    Starting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]
    Overpayments since 27.03.19: £52,407.47
  • Lauraebrad
    Lauraebrad Posts: 185 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi @julicorn - a sneaky final payment of £50 for March.  Takes the March total to £300 and the year to date figure to £800 :-) 
    Thanks

    Aiming for mortgage free by September 2030

    Balance 1.1.20 - £69,701.80
    Balance 1.1.21 - £63,699.80
    Balance 1.1.22 - £57,762.80
    Balance 1.1.23 - £53,074.20
    Balance 1.1.24 - £47,902.00
    Balance 1.1.25 - £44,141.20

    over payments 2025 = £1,390/£1,500 /// invested 2025 = £900/£1,500 = TOTAL (YTD) £2,290/£3,000
  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Julicorn, #68 with my fourth OP for the year for £1,000, so a total of £4,000

    Thanks!
  • IndiJonesi
    IndiJonesi Posts: 505 Forumite
    500 Posts Fourth Anniversary Name Dropper Photogenic
    #14 checking in with my final March additional o/p of £1572.17 giving me a March total of £5234.75.  Thanks @julicorn for the updates.  Indi x
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