2020 Mortgage-Free Wannabes

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  • julicorn
    julicorn Posts: 2,281 Forumite
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    jodles16 wrote: »
    Really lost my way over the past year, so would really like to join up and my target is £3000 for the year!


    Thanks


    Jodles :D

    Welcome to the challenge! :j I've given you #115.
    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
  • pinknsparkly
    pinknsparkly Posts: 542 Forumite
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    Ooooh, I'm already on the spreadsheet - thanks julicorn! Between needing to do a pretty major refurbishment on the house in preparation for our first baby that is due in July, and then the subsequent maternity leave, please can I reduce my target to £3,600 for 2020. That's £300 a month which puts us on target to be MF by 55 (ten years early, reducing our mortgage to a 25 year term instead of the 35 term we started with). I think our 2019 target would prove overly ambitious!! And please can I keep my previous number (99)
    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
  • Miss_money_penny
    Miss_money_penny Posts: 79 Forumite
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    Hi, could I join if not too late?

    Happy to be any number! Target is £3300 for 2020.

    Many thanks,

    Miss money penny
    April 2021: Total debt £16016

    Goal: Dec 21: £12000
  • julicorn
    julicorn Posts: 2,281 Forumite
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    pinknsparkly wrote: »
    Ooooh, I'm already on the spreadsheet - thanks julicorn! Between needing to do a pretty major refurbishment on the house in preparation for our first baby that is due in July, and then the subsequent maternity leave, please can I reduce my target to £3,600 for 2020. That's £300 a month which puts us on target to be MF by 55 (ten years early, reducing our mortgage to a 25 year term instead of the 35 term we started with). I think our 2019 target would prove overly ambitious!! And please can I keep my previous number (99)
    That's all noted, thank you! And that is still a fantastic target, especially with a baby on the way :heart2:
    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
  • julicorn
    julicorn Posts: 2,281 Forumite
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    Miss_money_penny wrote: »
    Hi, could I join if not too late?

    Happy to be any number! Target is £3300 for 2020.

    Many thanks,

    Miss money penny

    Not too late at all! Welcome to the challenge, you've got #116 :)
    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
  • Lomcevak
    Lomcevak Posts: 1,023 Forumite
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    Lomcevak wrote: »
    Target is £12,589 which will completely clear my mortgage and would like to keep my current number if possible!


    I've just pulled an OP forward into 2019, so can you drop my target to £5,000 please - that'll see me through to the end now :D
    £40k-in-’23#18 £78,628.29/40,000 (196.57%)
  • Maybe_its_because
    Maybe_its_because Posts: 440 Forumite
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    Hi Julicorn,

    Thrilled to see you running the 2020 challenge.

    Please could we signup? Number 10 again if you can.

    This year, we’ve lots of catching up to do but still a lot of outgoings.
    Can you please set us a £2,000 target. Erring with caution but, hopefully, achievable.

    Thank you
    MIB x
    MFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k
  • benmclaughlan
    benmclaughlan Posts: 51 Forumite
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    Hi Julicorn - new number for my this year I’m now 83. Could I set my target to a very specific £24975 hoping 2020 will the year I clear my mortgage 👏🏻
  • bigbeff
    bigbeff Posts: 1,119 Forumite
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    Hi,

    Can I join please? I'd like to pay £8000 off my mortgage this year.... possibly more but as this is my first time on challenge, I'll start with that :)

    Is that all you need to know with monthly updates?
    Debt busting 2022 Total £15842.68 £0 (100% paid since 1/1/22)
  • cod3
    cod3 Posts: 805 Forumite
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    Hi again! :j

    Could I please keep #53 for 2020? Not sure of my target yet. Thanks Julicorn X
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