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

clarew

Wow-found us hidden away on pg20:o
How is everyone doing...? Still chipping away..?

2025-30 seemed a long way off when this was started but we are at the 8 year (nearly 7 year) countdown for those aiming for 2025:beer:

I’m still trying to pay £250 extra per month which I have been struggling with recently on my 15hr week pay packet and all the kids activities costs (and teenagers food bills:eek:). Still plodding onwards and downwards and aiming for 2025 instead of 2028 original date.

turtlemoose

Yes still chipping away Just had a look and if I just carried on my current monthly payment (which includes an op built in to the original mortgage payment) with no additional OPs, that makes me finished *just* in to 2031. I'm hoping of course that plenty of other OPs in the mean time will knock a few more off that!

My standard OP is £178 a month, then whatever else we manage to make/find/save gets bunged on top. Once youngest starts school (Sept 2021) then I'm hoping to really hammer the mortgage as we will finally be free of £1k a month childcare bills. We'll still have childcare but it will be more in the £200 a month range so rather more affordable!

louloubelle79

Yes please x


Hoping to be mortgage free by 2026 age 47

Current mortgage end date: 03/10/2043

slicence

I've had a massive change in circumstance, but still on target I'd say!

I split up with my partner who I bought the house with, but it was amicable, and he's buying me out. So I've bought another property, on my own this time, and will be getting a lodger. My new morgage is due to end in 2043, but I think, with the power of my lodger and a payrise, by 2030. So I'm still in the gang!

teameffort

Please can you add me to the list?

Original MF date 26 years ending in 2043 but going for 2026. Goal MF by 42, thou 40 would be better Ultimate goal to travel more and stress less.

bubblycrazy

I've remortgaged to a better deal and have kept my payments the same for a bigger OP. If I keep to my current OP's my MFD is now 2030. :j I hope to reduce this even further but it won't be the end of the world if not.
Well done everyone, keep going!

clarew

Nearly the end of the year! I have a habit of looking at my online mortgage amount on 31st Dec to see how much it’s gone down since the previous year. I also often OP the remaining pennies to bring it to a round figure�� sad but true!!

2018 beckons and some days 2025 feels a long way off when I think of all the Costs to come as the children grow.. school trips, driving lessons etc but then when I think we started off at £185k mortgage in 2003 and now are at £85k there is light at the end of the tunnel!! Originally we started off in 2000 with only a £85k mortgage on a flat before buying bigger!!

Anyway hope everyone is well, love seeing how everyone is doing on their quests to hit 2025-30....we will all do it��

Cicatriz_2

Hey. Count me in, please.

Current outstanding mortgage is £97,799 by 20/04/2039.

My target is to pay early by 20/06/2025 the week I turn 45 :eek:

Microhead

Count me in as well.
Original mortgage was £133.000 in Aug 2015. To be paid off by 2041 (26 yr mortgage).
Current mortgage is £122,500 roughly in Dec 2017. Aiming to be fully paid off by Dec 2030. By the time I'm 48 at the latest.
After mortgage paid off, plan to travel/holiday abroad more (Maybe buy a small apartment abroad), work slightly less hours (37.5 p.w. at the mo), less stress.

jenni_fer

Quietly joining in here...Currently owe £160k ish with an end date of 2035 but aiming to reduce that to hit as close to 2025 as possible...unless we move to a forever-home before then and increase it again.