2018 Mortgage-Free Wannabes

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Comments

  • VDOT47
    VDOT47 Posts: 277 Forumite
    Is it too late to join for this year?


    Mortgage at 1/1/18 was c£262,000 (not got exact figure to hand) and the aim for 2018 is to overpay £20,000 (helped by a large overpayment already made in January thanks to a money transfer of £10,800).


    January update - Overpayments of £11,705 (this figure includes an approximation of what the overpayment created by my standard DD is due to the slightly reduced interest each month - how do people normally calculate this?).
    Original Mortgage (Feb '17) £269,995
    Current Mortgage (End 11/19) £226,790
    End Date November 2039 Original End Date February 2042
  • wishingthemortgaheaway
    wishingthemortgaheaway Posts: 2,536 Forumite
    First Post First Anniversary
    #162 sneaking in with a mop pot of £124.36 for January.
    Outstanding mortgage: £23,181 (December 19)
    MFW 2020 Challenge Member #10 0/£2318
  • Kittenkirst
    Kittenkirst Posts: 2,563 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Hi all,
    #20 with a total of £417.42 for January

    Really pleased as it means the op this month covered tbeinterest in full! :D
    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!!!!!!
  • kittieviolet
    kittieviolet Posts: 98 Forumite
    First Anniversary First Post Mortgage-free Glee!
    Hi
    No. 134 reporting a February OP of £540
    Thanks
  • chocoholic_chick
    chocoholic_chick Posts: 666 Forumite
    Debt-free and Proud!
    No 112 with an OP of £995 for February

    Thanks :)
    New House... New Mortgage! February 2017: £144,000 :eek:
    Current Mortgage Balance: £96,440.99
    2017 OP's:£5,935 2018 OP's: £11,956.00 2019 OP's: £11,988 2020 OP's: £1,998
    Total Debt[STRIKE] £29,209[/STRIKE] £0 :j:j:j Debt free 6/8/16
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 298 Forumite
    First Anniversary Name Dropper First Post
    Morning!

    #46 popping in with a feb overpayment of £885.71.

    Extension is due to start in March, so I think this might be the end of the big OPs, and probably will scale down to the normal OP. We shall see.

    Thanks all

    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
  • Dot_Common
    Dot_Common Posts: 91 Forumite
    First Anniversary
    #172 checking in here - Goodness, that month dragged, glad to see February!

    Have ended the month with another overpayment of £1450, so that's a total for January of £2125. Need to pick it up for next month, but January is always a lean month for us.
  • Betterthanever
    Betterthanever Posts: 584 Forumite
    Combo Breaker First Post First Anniversary
    #179 reporting in with an overpayment so far of £600. It's a start!


    Happy February everyone! There are some fab figures being reported already!!
  • MouseTheDog
    MouseTheDog Posts: 32 Forumite
    Hi all


    No. 37 reporting standard OP for February of £160.21. Will be back at the end of the month with more.


    Thanks hiddenshadow
    MFW #37 2018 £1371.67/£2664 (51.5%) (2017 £2647.97/£2664 (99.4%)) Original End Date Dec 2038 Now November 2036
  • becky170
    becky170 Posts: 857 Forumite
    Name Dropper First Anniversary First Post
    Hi all. Number 7 here with an overpayment of £304 for Feb. Thanks hidden!
    Mortgage-free wannabe #66 £105/4000
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