2018 Mortgage-Free Wannabes
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Hi All!
No 112 checking in with an OP of £995 for May
ThanksNew 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 6/8/160 -
Hello Everyone,
Number 39 here. A few blips in the month of April has led to an OP of £136.00. Not sure we'll get much better for May either but I'll let you know when we get to the end!
Thank you
MM xMFW Challenge 2019 - £2,420 / £2,420 - 100% :T0 -
hiddenshadow wrote: »Looks like you're right. I'm happy to use whichever number you like best. ;-)
Can I be #65 then please,
it is less scrolling.
How lazy is that!:rotfl:
Will change sig.4/10/22One Year Mortgage Free Yay!
NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 No Turtle gets left behind.[/b]
******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******0 -
Hi Hidden,
No.171 updating you with May's OP of £1250.
Best,
US.Neither a borrower or lender be; for loan oft loses both itself and friend.0 -
#30 with an additional May OP of £29.41 which kicks the smallest subaccount out of our lives and makes a little dent in the second subaccount, bringing it to a satisfying £1899.00.
Updating sig againI 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
20.5 coupons used in 2020. 62.5 used in 2021. 94.5 remaining as of 21/3/220 -
Hi All
Thanks Hiddenshadow for keeping me accountable by running this thread.
#169 reporting May payment of £1,186.74. My mortgage dropped just below £130k today - still a very long way to go, but £22k down in 2 years. Being very frugal on food and energy bills
Lovely weather at the moment - enjoy the bank holiday those who have it off workBlitz that mortgage
Jun 2016 £152,000
April 2021 £85,0000 -
Cherryfudge wrote: »#30 with an additional May OP of £29.41 which kicks the smallest subaccount out of our lives and makes a little dent in the second subaccount, bringing it to a satisfying £1899.00.
Updating sig again
Thats awesomeI am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0 -
#93 with an overpayment of £314.76 for May
Thanks hiddenshadowSPC #23 - 2015 = £319.60 / 2016 = £315.50 / 2017 = £490.75 / 2018 = £295.50 / 2019 = £267
MFW #93 - 2017 = £1942.84/£1900 / 2018 = £8591.23/£9050
MFiT-T4 #28 = reduced mortgage from £109,000 to £77,000
MFiT-T5 #340 -
#143 reporting in with April's over payments totalling £258.20.
This brings our mortgage down to £99,000.00 and marks the end of what would have been our original mortgage (a 5 yr fix which we took out when we brought our home)
We instead remortgaged 3 yrs in, took the ERC hit, and switched to a much cheaper deal and started overpaying.
If we had stayed on the original deal and not overpaid, the balance would have been £105,721.
As the LTV is really good we fixed for 5 yrs @ 1.94% and we'll kick it up a notch by aiming to pay off £1,000.00 off the capital balance each month
Thanks everyone for keeping us motivated with all your stories and over payments :wave:Emergency fund saved, we did it!!
2020 #140 MFW £10,250.25/£9,500.00
2019 #490 MFW £ 9,964.78/£9,600.00
2018 #143 MFW £ 6,903.63/£6,500.00
MFW balance as at 31 Dec 19 77,875.00. Original end date 2043 :eek: goal 20230
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