2022 Mortgage-Free Wannabes

Trundley27

@julicorn Think you might have missed my previous post to join with my overpayment target for the rest of the year, awaiting a number, thanks. 

Ashley

miss_undastood

#9 here

£1,006.28 Overpayment for July, August, September and October (I’m so behind) with the uncertainty we haven’t done a larger overpayment this year. So I think we will settle for £12k in total. Won’t hit the target but that’s still 12k extra paid off this year  

AntoMac

#85
October overpayment of £60
Thanks Julicorn

Martas

#90 reporting with October overpayment of £1002.93
Thanks Julicorn

Schoolworker

No 72 reporting in to advise I made an overpayment of £250 to our mortgage for October. 

CountryRoads

#84 checking in with payments of £160 in each of Aug, Sept and Oct. Thanks Julicorn

twinklie

Bah...I appear to have had to fall off the OP machine for a while. Life has got the better of my finances just now. Don't get me wrong, nothing drastic, just broken boiler, poorly pet (claiming back from insurance). The rising cost of living and of course prioritising savings at the moment as we are due to remortgage next year and I want to make sure we look like a "good prospect". 
No doubt we will pay an additional amount next year to reduce the mortgage slightly at the time of actual remortgage, but we shall see. I think I'm done for this year though now sadly as we've a few of the annual bills to come out over the next couple of months. 

gillynomad

Hi @julicorn, it would be great if I could join on this! (Been stalking MSE forums for awhile...but only just bitten the bullet to sign up.) 

My target for the rest of the year (Oct - Dec) is £1800. Currently my overpayment for October is £350

Martas

Hi @julicorn I managed to make another overpayment of 530.80, making it £1533.73 for the month of October for #90.

I plan to overpay the remainder of my 10% fee free overpayment which is just over 3k so will definitely achieve my goal of 11k by the end of this year. Regular overpayment of £999 will take care of majority of it and I'll be making more payments when bank account allows it.

x_raphael_xx

Hello, I would like to tack on for the end of this year please
I would also like peoples advice... Is it better to OP direct onto the mortgage? Or to save a lump sum and pay off at the end of the year?
My plan was to OP as and when we had funds, but someone told me today that we would save more interest by paying off as a lump sum before remortgaging.