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The "Mortgage-free in 2025-30" club!

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  • Baby_Angel
    Baby_Angel Posts: 540 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    Haven't been posting on this thread for a while now. However did not lose the eye of the Mortgage free ball!

    Hope everyone is doing well.

    Still chipping away the current debts alongside overpaying the Mortgage. Debts won't be gone by predicted Dec 2016, but will be dramatically reduced. At this rate we will be Mortgage-Free by 2032. Not far from target and when the debts are gone, we will have a handsome sum to overpay every month.
    SPC 08 - #452 - £415
    SPC 09 - #452 - £298
  • clarew
    clarew Posts: 505 Forumite
    Part of the Furniture 100 Posts Mortgage-free Glee!
    Can't wait until August when we will go into 5 figures yippee! Still plodding along aiming for 2024
    Mortgage free 04/03/2025. Thanks to this site and lots of overpayments bit by bit.
    Next stop: house repairs, holiday fund, replace our very old cars, more financial security/early retirement savings.🤞
  • Luckyinlife
    Luckyinlife Posts: 1,613 Forumite
    Im still chipping away to managed £330 OP this month
    Dipped into the 63k now so on a misson to get under 60k this year

    Really nice to see what everyone's been upto
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Hi everyone, well my target date is end of May start of June.

    I am technically on track but waiting to hear about redundancy date at the start of May. I can't really work out until I'm in a new job if I can stay on track with my OPs. I've also been saving the extra in my offset savings rather than transferring to my mortgage.

    I'll pop back and let you know how I'm getting on!!!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • Well done for resurrecting this thread, although if I keep up my recent level of OP's then I am a fraud as I might get it done in 2024!!!!!

    Well done everyone :)
  • Luckyinlife
    Luckyinlife Posts: 1,613 Forumite
    Well done for resurrecting this thread, although if I keep up my recent level of OP's then I am a fraud as I might get it done in 2024!!!!!

    Well done everyone :)


    a year or 2 either side is fine it will be great to see where we all actually end would be so good for all of us to finish within a year or 2 of each other :j:j
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
  • Firegirl
    Firegirl Posts: 1,007 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    Oh even the thought of it is so exciting!!!!!
    Mortgage balance Feb 2015 start of MFW Journey-£245316.06/Aim to be mortgage neutral 2022 — Target for May 2024 14 Year Target Balance MF50 = £89,535 — Mortgage Balance £106, 000—Target for May 2024! £89,535

    Retirement Planning
    Starting Position (Jan 2024) : Pension 1-£165,000/Pension 2-£50,000/Pension 3-£9,500/ISA-£87,000/Total-£311,500
  • turtlemoose
    turtlemoose Posts: 1,682 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Bump! How are we all doing folks?
  • choccielover
    choccielover Posts: 412 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hi TM

    I'm all good, hope things are going ok for you.

    Managing to make op's broadly in the range I wanted to, EF not building as quickly as I would like (blummin holidays ;)) but can't complain otherwise.

    Made some good sales on eBay recently by finally clearing out the babies stuff (ha, she's 4 so hardly a baby now.... Hence the clear out ) which will either make it to the mortgage, into the EF or pay for a hen do later this year I've not quite decided)
  • shangaijimmy
    shangaijimmy Posts: 3,803 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Going great guns in SJ Towers. I'm hoping to join frayed knot as an early graduate! Managing to average a net reduction of just over £1k per month.
    MFW: Was: £136,000.......Now: £47,736.58......
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