2018 Mortgage-Free Wannabes

julicorn · 12 August 2018 at 9:51AM

Also, if possibly I'd like to adjust my goal for the year. I'd love for us to pay off 10% of our mortgage this year, which would need overpayments of £13,400 total. It's a real stretch, but I'd like to give it a shot

denzal2k4 · 13 August 2018 at 1:56PM

#177 with an OP of £600 for June £600 for July and £200 for August

Thanks!

Kempton · 13 August 2018 at 2:33PM

Hi,

First post, but figured it was about time to put it in writing and start the slog to being MF!
I hope this makes sense?

MFW start date: 20th May 2018
Mortgage start date: 1st Nov 2017, £195,388

Current mortgage: 1st August 2018, £187,626
Starting overpaying: 1st May 2018, £50 per month regularly
Overpayment increased to £150 per month from 1st September 2018

Once we finish the house refurbishment, I'll be aiming to pay additional chunks off and set a target for 2019.

Good luck to all!

pawlala · 14 August 2018 at 8:43AM

Rachiedabbler70 wrote: »

Hi Pawlala

#169 reporting my August payment of £1,684.92 made up of capital reduction from monthly payment and an overpayment. Total to date of £10,344.62/£12,000. This will be my only overpayment this month as I've pinched some from my small contingency fund as I should get a work bonus next month to top back up.

Good luck everyone for August overpayments

The spreadsheet makes that Total to date of £10,344.58/£12,000. I know its only 4p off but can you check your figures if you're in any way itchy about it! :rotfl:

pawlala · 14 August 2018 at 8:47AM

puckishpixie wrote: »

Hi #175

Still only managed 40.1 each month from April to August. Making 320.8 total so far this year.

Thanks

FYI you are #174 not #175

pawlala · 14 August 2018 at 8:51AM

Kempton wrote: »

Hi,

First post, but figured it was about time to put it in writing and start the slog to being MF!
I hope this makes sense?

MFW start date: 20th May 2018
Mortgage start date: 1st Nov 2017, £195,388

Current mortgage: 1st August 2018, £187,626
Starting overpaying: 1st May 2018, £50 per month regularly
Overpayment increased to £150 per month from 1st September 2018

Once we finish the house refurbishment, I'll be aiming to pay additional chunks off and set a target for 2019.

Good luck to all!

you are #184 if you want to give me your 2018 target and confirmed monthly payments :cool: