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2023 Mortgage-Free Wannabes

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Comments

  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 350 Forumite
    Part of the Furniture 100 Posts Name Dropper
    julicorn said:
    Mortgage_Minimiser said:
    #13 checking back in.

    Just had a small pay-out from Prolific, so £5.49 to the mortgage. Total this year of £720.39. 

    Starting to get my mojo back I think, I did lose it there for a short while. 

    Thanks Julicorn

    MM



    My total is slightly off for you as well, would you mind having a quick look? I've got it as £726.39. Thanks so much!
    Hi @julicorn

    You are correct -i think it must have been a typo by ne as y total is the same as yours.

    Thanks for asking!

    MM
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • NotWhereIWantToBe
    NotWhereIWantToBe Posts: 121 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    #83 Overpayment for May of £922 thanks @julicorn :-)
    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £27000


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2026
    Jan £276 Feb £300 March £324 April £323

    Daily interest £3.29
    Percentage owned 49.8%
  • 999poundproject
    999poundproject Posts: 24 Forumite
    Second Anniversary 10 Posts
    #55; overpayment in June: £999.99 (there might be a second one coming, but will update once done). Was quite chuffed to have earned over £80 on prolific & got £200 from a current account switch so straight off the mortgage that goes!
  • Sistergold
    Sistergold Posts: 2,157 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Hello all, #34 here reporting an OP of £1000 for May. 
    Many thanks @julicorn
    Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    To save £100k in 60months start 01/01/2027
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • Chili81
    Chili81 Posts: 59 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    #11 here with an OP of £100 for June. Thanks! 
  • miss_undastood
    miss_undastood Posts: 236 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Hi. I’m so sorry I have been absent. I’m #21 and totals are as follows

    Feb - £955
    Mar - £995
    Apr - £955
    May - £14,995
    Jun - £955

    Could you please update my target to 25k for the year. Thanks. 
    Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #35
  • Bored
    Bored Posts: 390 Forumite
    Part of the Furniture 100 Posts Name Dropper Debt-free and Proud!
    Made an overpayment of £944.77. Thanks Julicorn.  :)
    2023 Mortgage-Free Wannabe #19: £11,675.68/£13,000
    Mortgage Overpayment Total: £22,397.1
  • pinknsparkly
    pinknsparkly Posts: 545 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    Hi Julicorn!

    Number 99 with a total overpayment for May of £252.33.

    Many thanks as ever for running this challenge!
    MFW2023 challenge #99: £1090.11 / £1,000 MFiT-T6 (Jan 2022 - Jan 2025) challenge #99: Reduce mortgage to £400,000. Current balance = £413,551.19 Initial MF date (23rd Aug 2022): Sep 2051 Current MF date: Jul 2051 Last updated: 15/06/2023
  • Hettyhound
    Hettyhound Posts: 1,194 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper
    Hi Julicorn,

    Number 69 with a June OP of £350.

    Thank you!!
    SPC #023 SPC 12: £125.86; SPC 13: £214.98; SPC 14: £297.41; SPC 15: £237.27; SPC 16: £335.39; SPC 17: £662.09 SPC 18: £660.03; SPC 19 ?
    MFW #21 Mortgage start Dec 2015 £79,950; May 2026 £13,200 2025 OP £2991/£2,000 2026 £2,413/£5,500
    MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £6070/£21,930 (27.67%)
  • becksta
    becksta Posts: 2,267 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 here with an opening OP of £235 for June please.

    Many thanks!
    MFW 2022 #88: £6620/£6000
    MFW 2023 #38: £13242.13/£6000
    MFW 2024 #38: £15792.12./£9000
    MFW 2025 #38: £16090.54/£7500
    MFW 2026 #38: £6599.65/£9500

    Thank you to all competition posters
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