2019 Mortgage-Free Wannabes

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Comments

  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,296 Forumite
    First Anniversary Name Dropper Photogenic First Post
    Hi julicorn

    No #27 can be re-allocated for next year as well :D best wishes to whoever is allocated this lucky no :T

    Might be looking for a number for savings next year, will wait and see.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • mmmsnow
    mmmsnow Posts: 388 Forumite
    rosiest wrote: »
    I've heard of some people having their own overpayment spreadsheet. does a gone have one they could share ?

    My own mortgage spreadsheet is very messy and set up with about ten different scenarios so here's a simplified version for 2019:

    https://www.dropbox.com/s/86lnl4z01f698zu/Overpay.xlsx?dl=0

    You can edit everything in red and it'll spit out the interest you've saved over the course of the year.
    MFW 2019 #61: £13,936.60/£20,000
  • cod3
    cod3 Posts: 805 Forumite
    First Anniversary Mortgage-free Glee! Combo Breaker Name Dropper
    Hi Julicorn

    Thank you for volunteering to maintain the spreadsheet.

    Could I please keep #53 for 2019? Target to be confirmed (will be 10% of whatever my balance is at the beginning of the year)
  • Kittenkirst
    Kittenkirst Posts: 2,563 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Hiya Kittenkirst #20 and definitely in for 2019- just working out my target and will update soon.

    Thanks for setting us up Juliecorn :)
    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!!!!!!
  • Cherryfudge
    Cherryfudge Posts: 10,002 Forumite
    First Anniversary Name Dropper First Post
    Thanks for adding me, Julicorn. :)
    beanielou wrote: »
    Count me out for next year.
    My number was 144.
    Going to miss you, Beanie. Hope you manage a bit of an overpayment this coming year but even if you don't you've already reduced your total mortgage outgoings, which is well worth doing!
    I think a bit of sunshine is good for frugal living. (Cranky40)
    The sun's been out and I think I’m solar powered (Onebrokelady)

    Fashion on the Ration challenge, 2024: Trainers 5 coupons. 5/68
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  • bunty109
    bunty109 Posts: 1,265 Forumite
    First Post Combo Breaker First Anniversary
    Can I please join and retain #24? Target will be £20,000 (quite a challenge, but up for it!)
    MFW 2019#24 £9474.89/£11000 MFW 2018#24 £23025.41/£15000
    MFi3 v5 #53 £12531/
    MFi3 v4 #53 £59442/£39387
  • The_Only_Girl
    The_Only_Girl Posts: 873 Forumite
    First Post Combo Breaker First Anniversary Debt-free and Proud!
    Hi all, I’ve been in the DFW for 3 years but it’s my first time to be in MFW. I would like to join in the 2019 challenge please?

    Our mortgage as of December 2018 is £73887.51 with 15 years and 5 months remaining term, a minimum payment of £510.14 at 3.24% interest. We are tied to this mortgage until 2023 and can only make limited overpayments (up to 10%).

    Our target for 2019 is to make a total payment of £10000, or £3800 in overpayments. We are also currently saving up some house renovation funds for 2019 and 2020.
    "There is Life AFTER DEBT."LBM 2009 Total Debt £49046.24 Debt Free as of 27/08/2015
  • julicorn
    julicorn Posts: 2,281 Forumite
    First Anniversary Name Dropper Photogenic First Post
    bunty109 wrote: »
    Can I please join and retain #24? Target will be £20,000 (quite a challenge, but up for it!)

    Sure thing! :) Also means that bunty and bounty are spreadsheet neighbours. :)
    The_Only_Girl wrote: »
    Hi all, I’ve been in the DFW for 3 years but it’s my first time to be in MFW. I would like to join in the 2019 challenge please?

    Our mortgage as of December 2018 is £73887.51 with 15 years and 5 months remaining term, a minimum payment of £510.14 at 3.24% interest. We are tied to this mortgage until 2023 and can only make limited overpayments (up to 10%).

    Our target for 2019 is to make a total payment of £10000, or £3800 in overpayments. We are also currently saving up some house renovation funds for 2019 and 2020.

    Welcome #27! :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
  • chunkytfg
    chunkytfg Posts: 844 Forumite
    First Anniversary First Post
    mmmsnow wrote: »
    My own mortgage spreadsheet is very messy and set up with about ten different scenarios so here's a simplified version for 2019:

    https://www.dropbox.com/s/86lnl4z01f698zu/Overpay.xlsx?dl=0

    You can edit everything in red and it'll spit out the interest you've saved over the course of the year.

    Thats Awesome thanks for that:money::money:
    Those who risk nothing, Do nothing, achieve nothing, become nothing
    MFW #63 £0/£500
  • The_Only_Girl
    The_Only_Girl Posts: 873 Forumite
    First Post Combo Breaker First Anniversary Debt-free and Proud!
    julicorn wrote: »
    Welcome #27! :j

    Thanks for letting me join!
    "There is Life AFTER DEBT."LBM 2009 Total Debt £49046.24 Debt Free as of 27/08/2015
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