2023 Mortgage-Free Wannabes

anonymous112433

Original mortage taken out in Dec 2026 of £105k for 25 years.

Just overpaid by £10.5k (10%) taking total overpayments to £52.5k.

Outstanding balance of £26,950 over 5 yrs 7 months.

I'm hoping that I can put another £6-7k in January and then another £10.5 next October at the start of mortgage year. I'm really hoping I can pay it off in the next 2 years which would mean I've paid off my mortgage in 8 years give or take.

It's not been easy of course, we've been very stingy with a lot of things, no new fancy cars, no big holidays, lots of cheaper shopping. But neither me or my spouse regret overpaying.

lindez

Hi All
#2 with September update 500.00. Thank you Julicorn 

smetf

#3 checking in with a £232 OP taking October's payments to £848.53. 

Bounty123

Evening,
#23 here with October's update of £65
Total should be £3952 for the year so far.
Cheers @julicorn
Bounty

Simobla1

#56 with an overpayment total for October of £716.  Thanks so much.

IndiJonesi

#14 checking in with an op of £600.  Thanks for the updates @julicorn

Mortgage_Minimiser

Hi @julicorn

I cant see that my update from 6th October has been included - would you mind updating the S/S when you have the chance please. Many thanks

MM
X
--------------------------------------------------
'#13 

Bit the bullet yesterday and OPd £501 in addition to the £10.98 rounding up (already reported), making a total of £511.98 for October

Thanks @julicorn

MM
x'

powerspowers

#27 with £175 for October please Julicorn 

julicorn

floorspeed_2 said:

can I take slot 88 please name: floorspeed target for end of year is 5k. September total over payments are £1,914.47 currently. Many thanks in advance! X

I've got you all added to the spreadsheet now, welcome to the challenge and thanks so much for your first update

julicorn

anonymous112433 said:

Original mortage taken out in Dec 2026 of £105k for 25 years.

Just overpaid by £10.5k (10%) taking total overpayments to £52.5k.

Outstanding balance of £26,950 over 5 yrs 7 months.

I'm hoping that I can put another £6-7k in January and then another £10.5 next October at the start of mortgage year. I'm really hoping I can pay it off in the next 2 years which would mean I've paid off my mortgage in 8 years give or take.

It's not been easy of course, we've been very stingy with a lot of things, no new fancy cars, no big holidays, lots of cheaper shopping. But neither me or my spouse regret overpaying.

Hi, congratulations on your overpayment I just wanted to check if you posted here because you'd like to join the challenge as well? I can add you to the spreadsheet.