2023 Mortgage-Free Wannabes

Jessy103

Hi 

No.12 with £166.49 for May please.

Thanks 🙂

JaggedFlamingo

KajiKita, we had some money set aside in a savings account but ever since our mortgage rate jumped a few months ago, we've been using it to overpay our mortgage... don't ask me why we didn't use it all in one go; I'm not entirely sure myself! We do manage to save most months too, so that's also gone towards the mortgage.

willowparrett

Afternoon all, 

#39 with a couple of OPs to report - 

April OP of £306.
May OP of £308.

Total now £1697. 

Thanks Julicorn! 

WPx

999poundproject

Hello! Newie here, but ever since I decided to buy a place - I've been plotting for mortgage freedom. Settlement is on Thursday this week, when we're also getting the keys.

I've calculated out that to get to 60% LTV over my 5 year fix, I need to be overpaying by £14550pa. So that's my goal for this year! 

Could I join you please?  

smetf

Hi all, 
The usual OP of 383.81 has been made. More to come once I get time to sit down and organise!
Smetf #3

Hettyhound

Hello, made an overpayment for May of £350.  My mortgage has now dropped out of the 30s 🥳 number 69 Hettyhound.  Thank you Julicorn

julicorn

999poundproject said:

Hello! Newie here, but ever since I decided to buy a place - I've been plotting for mortgage freedom. Settlement is on Thursday this week, when we're also getting the keys.

I've calculated out that to get to 60% LTV over my 5 year fix, I need to be overpaying by £14550pa. So that's my goal for this year! 

Could I join you please?  

Of course, welcome on board! You've got #55

20vt-rs

Hi Julicorn...

Here's my 2023 update, I am #46 on the MFW spreadsheet:

• 2023 target £21,779
• 2023 YTD £5,875
• Jan-May 23 (£1,175 per month) of this £595 per month is a regular over-payment.
• Remaining on-schedule

Thanks!

pawlala

#22 reporting total overpayments for

January came to £302.20
February came to £771.49
March came to £1054.51
April came to £326.59

Thanks and have a great weekend everyone!  

999poundproject

Thank you julicorn! 

First overpayment made today (the first mortgage payment hasn't even gone out, but I got my £999 together from some RSU sales and figured why not!):

#55
Goal for 2023: £14550
Overpayment in May: £999