📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2022 Mortgage-Free Wannabes

1484951535499

Comments

  • Gaffs_gaff
    Gaffs_gaff Posts: 21 Forumite
    Second Anniversary 10 Posts Name Dropper
    Hi Julicorn,

    Number 54 with an overpayment of £180 for March and £150 for April.

    We have a baby due in the next couple of weeks and even with buying nearly all of the baby ‘stuff’ second hand, things are getting quite tight 😬. I might need to reduce my overpayments soon, but will carry on for as long as I can.

    Thank you 😊 
  • Moneyminded
    Moneyminded Posts: 288 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Hi there, #15 checking in with a small OP of £25 to kick off May. Thanks Julicorn for updating 
    • 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
  • powerspowers
    powerspowers Posts: 1,339 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    #27 with an additional £35 bringing May total to £635
    thanks 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 £2,600/£5,000


  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Morning all,
    #35 with a bumper (for us) £987.19 OP after doing some reassessment.
    Thanks Julicorn
    S
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
  • Legs21
    Legs21 Posts: 251 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #71 Checking in with an OP of £150 for May

    Thank you 🙂
    MFW 2022 #71  £4400/£4400
  • #89 reporting with my first OP of the year of £1250.

    Been slow on this years uptake as was waiting for the remortgage to go through on 1st April (also same date as sold my BTL)  - which it did. Now questioning the wisdom of fixing for 2 years instead of 5, particularly in how interest rates are rising....

    Then due to some random computer glitch thinking that there were two of me, despite my having a unique name that I know there is not one other person in the world by that name, I could not see my account details online until this evening.

    Feels great to finally to log on and see how todays OP means I could either take 2 months off the term, or reduce my payment by a further £4.26 a month!!! I'm very fortunate of having a good amount of savings behind me and tempting as it is to throw a lot of it at the mortgage, will carry on OP via normal budgeting and chip away at it in a consistent basis.

    Great to be back on the board and good luck everyone with your OP journeys.

    :)
    MFW 2021#79
    Mortgage start date: May 2020 @ £269,264
    Mortgage left: April @ £186,500

  • Hettyhound
    Hettyhound Posts: 1,046 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Hello #69 with a further May overpayment of £185 which brings May’s total to £410.  Thanks Julicorn 
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; June 2025 £19,394.00 2025 OP £1589/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)
  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    HI all
    #2 with May over payment 450.00 thank you Julicorn x
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • Morning,

    It’s great to see everyone chipping away at their mortgage balance.

    Reporting a £326.89 OP for May which takes us past the half way point of our ‘22 OP target.

    Many thanks

    MIB x
    MFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k
  • Lauraebrad
    Lauraebrad Posts: 185 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi @julicorn .... Another £50 in May for #30 please.  May total now £160.  Year to date £1120

    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
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.