2024 Mortgage-Free Wannabes

jackieblack

#4 
Usual OP of £115 for August, please, julicorn 
And if July’s OP could be posted as well, please, that would be great 
Many thanks 🙂

anonymous12124

We're almost there - almost.

We took out a mortgage of £105k in Dec 2016. Didn't start overpaying until 2019.

- Overpayment of £3000 in July 2019

- Then Overpayments of £10500 every year since

- Additional overpayments of many thousands also done with ERC fees added (I don't care - just wanted to get rid of the mortgage).

So far £63k overpayments done and our outstanding balance is ~£12760.

This October 1 (5 weeks away). I'm overpaying £10.5k and then the rest and I will hopefully be done by October 2nd.

Hardly any holidays taken, no fancy summer visits. Living like a stingy family for 5 years has allowed us to be in this position.

fjireland

500 op end of month 

#80 

thank you ☺️ 

uzubairu

Hi julicorn,
No. 37 updating
July = £175
August = £450

Mortgage_Minimiser

#18 reporting in for August. 

£502.77 this month, total of £4037.81 for the year. Slower than i would like but I've also focussed on paying off debt and increasing savings so Im not berating myself. Really focusing on getting the finances in order so I can pay down in earnest from next year onwards. 

Thank as always @julicorn

MM
X

stuartp2000

My ISA interest rate has dropped so I have decided to withdraw some and max out my over payment for this year, Will count as capital payment so will reduce monthly payments but I won't be carrying this the full term anyway so minimal impact.

So additional 3150 added to this month total

#35
August Total - 4,150
Ytd Total - 9,000

x_raphael_xx

#100

Finally able to pop something away. £500 OP for August

jennystarpepper

16 - Payment for August £947.69

Was hoping to clear 1K, but don't want to "rob Peter".  My interest rate has now increased by 3.5x, decided not to fix as hoping to clear ASAP.  

Many thanks Julicorn.

becksta

#38 with an overpayment in August of £1762.48, largely thanks to a bonus and some thrifty days out.

Best of luck to everyone for September.

Chili81

#11 checking in with an OP of £415 for August.  Thanks as ever julicorn