2022 Mortgage-Free Wannabes

Martas

Another overpayment for #90 for December is £80.50 which brings it to a total for December £1079.50 and total for 2022 £13000! I simply couldn't stand that I'm only £80.50 away from a round number  

Thank you for running this challenge @julicorn Everyone done so well this year and I can't believe the amount we overpaid together! 

julicorn

anonymous112433 said:

Mortgage of £105k for 25 years taken out in 2016.

After many overpayments I'm now at: Outstanding £41,840 with 8 yrs 11 months remaining.

I still can overpay another 1k this year but if I keep going at this rate then I think I will have paid off my mortgage entirely by sometime in 2026 which would be awesome.

Great stuff! Maybe join us for the challenge for 2023?

mark55man

#57 reporting in as of end Dec 2022.  Thanks Julicorn and sorry that I have been absent - hope not too late for this year as I see the 2023 one is kicking off.  If I'm too late don't worry

At the end of 2022 my Mortgage Neutral (MN) pot was £69.8K and my mortgage balance was £69.8K.  Giving a deficit/net-debt of £0K.

My MFW OP total for 2022 was £37.9K (gross pension contributions and investment returns)

_WorldTraveller_

#95 reporting with £2k for December. Apologies for not keeping the posts updated as I should have done on the forum I believe that I have surpassed and exceeded my target - I think I had a very fortunate year, with stable income and not many unexpected big emergency outgoing.

Reading the forum and peoples diaries has been great motivation and huge congratulations to those who became mortgage free! Cant wait to continue the journey next year.

FlacosFloozie

#79 reporting with £446.54 for December. Had to stretch a little to get it to a round number for January

That makes a total overpayment of £2855.39 in 2022. I've smashed my orginal target and taken nearly 4 months off my mortgage! Thank you so much for running this thread @julicorn

misspretenderboat

Total and final payment of £856 for December to get to my target this year.
#73

Thank you

ajmoney

No 70 reporting a final OP of £100 taking the month to £380.  This means my mortgage will be under £72k at the end of the year.

Thanks julicorn for all your work, see you on the other side.

JaggedFlamingo

#10 reporting a final OP for December of £5,000, bringing my total for the month to £9,000.

Thanks julicorn for all your hard work this year!

twinklie

#6 reporting - I OP'd £50 in November and £100 in December. So still a way off my target unfortunately. However, I've prioritised savings over OP's so we are in a much healthier position there and I had to spend 1K on fixing my car last month. Sigh.   

Jessy103

Hi,

No. 12 with a further op of £232.40 for December, bringing the total for December to £1,007.48.

Thanks 🙂