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2022 Mortgage-Free Wannabes

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Comments

  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 2 May 2022 at 4:49PM
    #57 reporting in as of end Apr 2022.  Thanks Julicorn

    At the end of 2021 my Mortgage Neutral (MN) pot was £31.9K and my mortgage balance was £86.4K.  Giving a deficit/net-debt of £54.5K.

    At the end of Apr 2022 my Mortgage Neutral (MN) pot was £43.2K and my mortgage balance was £81.0K.  Giving a MFW OP total of £2.1K in April (gross pension contributions and investment returns) for an overall MN deficit/net-debt of £37.8K.
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • jennystarpepper
    jennystarpepper Posts: 826 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    mark55man said:
    #57 reporting in as of end Apr 2022.  Thanks Julicorn

    At the end of 2021 my Mortgage Neutral (MN) pot was £31.9K and my mortgage balance was £86.4K.  Giving a deficit/net-debt of £54.5K.

    At the end of Apr 2022 my Mortgage Neutral (MN) pot was £43.2K and my mortgage balance was £81.0K.  Giving a MFW OP total of £2.1K in April (gross pension contributions and investment returns) for an overall MN deficit/net-debt of £37.8K.
    Those figures are looking amazing... go you. 
    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 01.09.25 £5956. 01.10.25 £4979
    01.12.25 £2899

  • julicorn
    julicorn Posts: 2,662 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Amazing updates everyone! We've just crossed the £200k threshold for the year <3 
  • mark55man
    mark55man Posts: 8,221 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thank you Jenny

    Great team effort @julicorn

     
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • jennystarpepper
    jennystarpepper Posts: 826 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    julicorn said:
    Amazing updates everyone! We've just crossed the £200k threshold for the year <3 
    Woo hoo  :D
    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 01.09.25 £5956. 01.10.25 £4979
    01.12.25 £2899

  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Julicorn, #68 with my sixth OP for the year for £1,000, so a total of £6,000

    Thanks!
  • OhtobeMortgageFree
    OhtobeMortgageFree Posts: 324 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Checking in with an overpayment of £1780 for April please.
    Thanks for the updates! ☺️ (#59)
    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 > £2.64
  • becomingbetter
    becomingbetter Posts: 50 Forumite
    Second Anniversary 10 Posts Name Dropper
    Morning,
    #52 with May op of £492.49

    Thank you! 
    Mortgage Aug 2019- £180000
    Aug 20- £173815
    Aug 21- £159800
    Aug 22- £146000
    Aug 23- ?
    Aug 24 (end of fix)- ?

    Currently- £136400

    original mortgage free date August 2044
    Aiming for 2037

    MFW 2023 #24

  • powerspowers
    powerspowers Posts: 1,371 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    #27 with £600 for Mat please Julicorn x
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £3,600/£5,000


  • rugbymadfamily
    rugbymadfamily Posts: 505 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    #42 apologies I missed April reporting!

    April = £1,000
    May = £1,100

    Thanks as ever @julicorn
    Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
    OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
    Emergency Fund Target: 3 months saved ✅
     
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