2017 mfw

Options
1…5960626465…115

Comments

  • Roxie
    Roxie Posts: 635 Forumite
    Name Dropper Photogenic First Post First Anniversary
    Options
    No: 78 with May OP of £100 (total for year £1380)

    Massive congrats to bournefree who is now mortgage free :T

    Hope everyone who becomes mortgage free will let us know to inspire the rest of us mortgage slaves.
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • bournefree
    bournefree Posts: 118 Forumite
    Options
    Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.
  • Lomcevak
    Lomcevak Posts: 1,023 Forumite
    First Post First Anniversary Name Dropper
    Options
    Well done bournefree :D
    bournefree wrote: »
    Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.

    I totally agree with this - I'm mid-slog with the mortgage (five years of making OPs with four years to go), and my spreadsheet keeps me going each time I start to feel like the monthly OP is getting me nowhere. Right now it shows me as £43,561 ahead of where I would have been if I hadn't started making OPs five years ago, so they all build up to make a serious difference, and i'm on track to pay it off nine years early. Might make ten years early if I give it a push :)
    £40k-in-’23#18 £78,628.29/40,000 (196.57%)
  • MortgageFreeMimi
    MortgageFreeMimi Posts: 50 Forumite
    First Anniversary Combo Breaker Mortgage-free Glee!
    Options
    Hi Hiddenshadow,

    Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.

    £11k for the rest of the year is the target. It feels good to be back on this
    board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.

    Thanks in advance!
    Mortgage £225k May 2017 - aim to pay off by Jan 2030 - MFW 2017 #118
    Outstanding mortgage: £81,987
    Cash reserve target £40 / £10k
    S&S ISA £1000/ £20k
    MF1 August 2016. approx (£152k start Jan 2009)
    MFW 2 TBD
  • Kittenkirst
    Kittenkirst Posts: 2,563 Forumite
    Photogenic Name Dropper First Anniversary First Post
    edited 9 May 2017 at 1:39PM
    Options
    Hi HiddenShadow,
    My figures should be as follows:

    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08

    £986.97 it should total
    Thank you :)

    Edited to add- well done Bourne Free! :D :T :D :T
    First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
    New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!
  • Jessy103
    Jessy103 Posts: 1,824 Forumite
    First Anniversary First Post Name Dropper Photogenic
    Options
    Hi everyone!

    No.12 reporting an overpayment of £267.64 for May.

    Thanks!
    Mortgage Balance as of Jan 24 £36,500 Starting Mortgage Balance (June 2019) £72,000. 2024 Overpayment Challenge: Jan £558.40, Feb £588.11, Mar £497.32
  • originalmiscellany
    originalmiscellany Posts: 1,655 Forumite
    First Post Combo Breaker First Anniversary Mortgage-free Glee!
    Options
    It's not too late to join is it? I haven't done this for several years (I helped run the 2011-2013 (?)) MFW spreadsheets and it really helped me stay focused. Therefore could I have a number allocated please?
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045
    Aims: 1) To pay off mortgage within 20 years - 2037
  • try_harder
    try_harder Posts: 1,527 Forumite
    First Anniversary First Post Combo Breaker
    Options
    Number 36 with first payment in May of £28.90.Thank you.
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Options
    MortgageFreeMimi wrote: »
    Hi Hiddenshadow,

    Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.

    £11k for the rest of the year is the target. It feels good to be back on this
    board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.

    Thanks in advance!

    Welcome back! You're #118. :)
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Options
    Kittenkirst wrote: »
    Hi HiddenShadow,
    My figures should be as follows:

    Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08

    £986.97 it should total
    Thank you :)

    Edited to add- well done Bourne Free! :D :T :D :T

    Those numbers add up to £987.02. :) I've put them in the spreadsheet, so it should be up-to-date.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.2K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 247.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards