2022 Mortgage-Free Wannabes

Jessy103

Hi,

No. 12 reporting an overpayment of £100, bringing the total for May to £364.19.

Thanks 🙂

IndiJonesi

#14 checking in with May o/p of £1330
Total for year of £11,365.13.
Please would you change my annual total to £20,000.00
Thanks @julicorn for the updates
Indi 😊

JaggedFlamingo

#10 with another OP of £5,000, as we're transferring some money across from a savings account before our mortgage rate increases, which we're expecting to happen before too much longer. Total OPs for May now at £11,000.

StoicLass

#18 here with another payment today of £250.  Thanks @julicorn

Lauraebrad

Hi @julicorn - a final update for May from #30.   Total for May is now £200.   That makes Year to date £1,160.

Thanks, Lauraebrad

LadyGnome

#78 checking in with £1040 for May

JaggedFlamingo

#10 with another OP of £5,000, bringing my total for May to £16,000.

anna42hmr

Hi, number 105 here, with my usual monthly OP of £247.94 for May, which will take me a year to date of £1239.70 in op's.

I had contemplated an additional £150 payment now the government council tax payment has been received, but have instead decided to use it to pay for  freezer/store cupboard top instead.  especially with how food prices seem to be rising at the moment so used it for that as a bit of a hedge against future increases in food costs.  

Well done everyone on their OP's so far.  I have also noticed that this month payment should drop me down the next 10K bracket in my outstanding mortgage, so pleased with that!

IndiJonesi

Morning, an additional o/p of £670 giving a May total of £2,000.00 for me.  Thanks @julicorn for the updates.  Indi

julicorn

cod3 said:

#53  I've got news!  

I started the year with a target of £3,000 (the balance of my mortgage)

Earlier this month, I overpaid £907.30

Today I phoned the bank for a FINAL figure and paid their calculated amount of £1,002.30

This brings my total OPs for this year to £2,896.75. 

Add on my regular payments and minus interest - I am now officially MORTGAGE FREE!

Thank you all the lovely folk here for the inspiration and to @Julicorn and Martin.  My family have saved so much since joining this forum but, more importantly, now have the security of owning the roof over our heads 

Cod3
18 May 2022

A late congratulations, that is absolutely amazing news! You must be so excited. Thank you so much for taking part in the challenge, it's such a lovely inspiration seeing people reach their goal.