2019 Mortgage-Free Wannabes

13567…173

Comments

  • ChotaPeg
    ChotaPeg Posts: 33 Forumite
    First Anniversary Name Dropper First Post Combo Breaker
    Perfect. Thank you. I will start doing my over payment warm-up stretches... :j
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 298 Forumite
    First Anniversary Name Dropper First Post
    Hi Julicorn,

    Id love to join again please. I was #46 this year, so would love that again if possible.

    I shall need to think about my target.....

    Thank you!

    MM
    x
    O'Payments:2016 - £3641.262017 - £7779.282018 - £11,515.16MFiT-T4 # 59 - reduce mtg to £195,000; MFit-T5 - reduce mtg to £140,000Mortgage:01/2/2015 - £243,75031/12/15 - £235,906.7131/12/16 - £224,120.9831/12/17 - £210,224.0631/12/18 - £190,821.21Mortgage today £140,788
  • julicorn
    julicorn Posts: 2,281 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Mortgage_Minimiser wrote: »
    Hi Julicorn,

    Id love to join again please. I was #46 this year, so would love that again if possible.

    I shall need to think about my target.....

    Thank you!

    MM
    x

    #46 is all yours! And no worries, just let me know when you've had a think. :)
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • jackieblack
    jackieblack Posts: 10,314 Forumite
    First Post Name Dropper Photogenic First Anniversary
    edited 7 December 2018 at 9:31PM
    Hi julicorn :wave:
    I'd like to keep number 4, please, and set a target of £500 to start off with. (I know that's a drop in the ocean compared to other people's targets targets, but I only work part-time and some of the targets are more than I earn in a year! So it's all relative:) )

    My fixed rate ends around Easter and I hope to get a good new deal and reduce my MP a little. If I achieve this I'll be able to increase my OP.

    My actual target is to OP by an amount at least equal to the interest charged, but I won't be able to estimate that until I know what the new rate will be :think:

    Thanks! :T
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs (offset): 2018 £866.89, 2019 £1322.33, 2020 £1337.07,
    2021 £1250.00, 2022 £1500.00, 2023 £1500
    Target for 2024 (offset) = £1200, YTD £345
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  • julicorn
    julicorn Posts: 2,281 Forumite
    First Anniversary Name Dropper Photogenic First Post
    jackieblack wrote: »
    Hi julicorn :wave:
    I'd like to keep number 4, please, and set a target of £500 to start off with. (I know that's a drop in the ocean compared to other people's targets targets, but I only work part-time and some of the targets are more than I earn in a year! So it's all relative:) )

    My fixed rate ends around Easter and I hope to get a good new deal and reduce my MP a little. If I achieve this I'll be able to increase my OP.

    My actual target is to OP by an amount at least equal to the interest charged, but I won't be able to estimate that until I know what the new rate will be :think:

    Thanks! :T

    Hi jackieblack, thank you for confirming your target! And £500 is still lots of money - I know some people's are higher, but everyone has got their own unique circumstances (e.g. two full-time incomes and no children to look after in our case - none of that you can tell just from looking at a number). And over the years, £500 in a year can shave a good amount of time off. Either way, all the best! :j
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • Couldsavemore
    Couldsavemore Posts: 484 Forumite
    First Anniversary Name Dropper First Post
    Hi
    Can I join in??
    I'm aiming for £2400 in OP's in 2019
    # 36 1p challenge 2024 - £319.98

    #13 POYD by Christmas 24  £1450/£8138

    February Grocery Challenge  /300
  • julicorn
    julicorn Posts: 2,281 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Couldsavemore wrote: »
    Hi
    Can I join in??
    I'm aiming for £2400 in OP's in 2019

    Hi Couldsavemore, and welcome! I've given you #48 :)
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • frugal_lass
    frugal_lass Posts: 93 Forumite
    First Anniversary First Post
    julicorn wrote: »

    frugal_lass, I've added you in as #19 for this challenge (how fitting, 19 in 2019!). Could you let me know your target too?

    Oh thank you so much. I would like £2019 as my target please! :j
    Mortgage so far: £31,630.01Aiming to be mortgage free by 2024
  • julicorn
    julicorn Posts: 2,281 Forumite
    First Anniversary Name Dropper Photogenic First Post
    frugal_lass wrote: »
    Oh thank you so much. I would like £2019 as my target please! :j

    Now if that doesn't make your number even more fitting, I don't know what would! :beer:
    Original mortgage: December 2017, £203,495
    MFW start: April 2018, £201,800
    Mortgage neutral: September 2022, mortgage redeemed: December 2022
    New house, new mortgage: December 2022, £276,007
    Current balance: £217,800 minus £8,300 overpayment savings pot
  • Sugarplump
    Sugarplump Posts: 23 Forumite
    First Anniversary
    Can I join this year please? I'm aiming for a £2400 overpayment as it's my first year.
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