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The "Mortgage-free in 2025-30" club!
Comments
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We're still plodding away. Our MFiT7 aim is 16k by Jan 28 and then we should be MF by mid 2029. Not MF by 50 but hopefully not long after 😉
Mortgage £35, 147.42
MFW 2022 #35 10,000
MFW 2023 #3 10358.97
MFW 2024 #3 10000
MFW 2025 #3 10000
MFW 2026 5384.62/7384.62
MFiT-T7 #10 aiming for 16k https://forums.moneysavingexpert.com/discussion/6283332/halving-our-income-and-still-aiming-for-mortgage-free#latest3 -
Today’s the day! Mortgage free in 2025 as I had aimed for. Feels very exciting to see a zero mortgage balance today and to be able to add my post to the mortgage free roll. So chuffed.Looking forward to next month when that payment stays in our account!Keep on going to the others on here…. It’s a fab feeling, every overpayment helps and remember it’s a marathon not a sprint!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.🤞10 -
Yay!!! Well done, that must feel so good.clarew said:Today’s the day! Mortgage free in 2025 as I had aimed for.
Mortgage: Was: £154,495 Oct 2039 Now: £76,469.32 Mar 2037Swagbucks ~ £100 (2025 ~ £240)Surveys~ £99.22 (2025 ~ £238.94)Make £2026 in 2026 #18 ~ £537.42 ~ (2025 ~ £2,368.64)2 -
WOW!!! I cannot imagine how that feels.clarew said:Today’s the day! Mortgage free in 2025 as I had aimed for. Feels very exciting to see a zero mortgage balance today and to be able to add my post to the mortgage free roll. So chuffed.Looking forward to next month when that payment stays in our account!Keep on going to the others on here…. It’s a fab feeling, every overpayment helps and remember it’s a marathon not a sprint!
Well done - I'll still be aiming for a 2030 mortgage free date.Debt Free - 4th June 20252 -
Brilliant - well done!Mortgage £35, 147.42
MFW 2022 #35 10,000
MFW 2023 #3 10358.97
MFW 2024 #3 10000
MFW 2025 #3 10000
MFW 2026 5384.62/7384.62
MFiT-T7 #10 aiming for 16k https://forums.moneysavingexpert.com/discussion/6283332/halving-our-income-and-still-aiming-for-mortgage-free#latest2 -
Congratulations 🎊
Well done for making it to the finish line!
What's your plans now?MFW -
House purchase £62500
Original mortgage balance 28/08/2014 £52850Original MF date: 2049:eek: Aiming for: 2025
Balance 27/07/2016 £49990
Balance 08/07/2017 £47999
Balance 30/07/2018 £44500
Balance 01/08/2019 £40700
Balance 03/09/2020 £37619
Balance 30/09/2021 £33983
Balance 18/01/2023 £28940
Balance 06/10/2024 £22168
Balance 08/10/2025 £18417
Mortgage free 09/10/2025!! Mortgage paid off in 11 years, 1 month, 11 days 🥳
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Totally different predicament so apologies if it's out of context however I had the funds to pay off my mortgage the past 3 years but my interest rate only 1.64 fixed for 5 years nwhl so I invested the capital at 5.11 and carried on making the mortgage payment which ends at the end of Dec this year. So it's paid off then with a little bit of savings to boot thanks nat west for the low fix.8
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Some Money each month will go towards driving lessons for teenage children, some mini breaks as a family, new windows, some home renovations and a bit each month into savings! Had my official letter in the post today from the bank to confirm mortgage is paid off -lovely to read 😊bubblycrazy said:Congratulations 🎊
Well done for making it to the finish line!
What's your plans now?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.🤞7 -
Today I paid off all my credit card debt!
Aim now is on the mortgage - I will be MF by 2030.Debt Free - 4th June 20255 -
we've only gone and done it - we're officially mortgage free!
the MF boards (and in particular the MFi3 threads) have been such a huge inspiration and motivation to strive for mortgage freedom. Thanks to all of you who have shared your stories and ideas, and cheered others on from the side lines. The power of the small, every day financial wins has really helped our snowball grow and gain momentum.
Here's wishing those of you still battling your mortgage beasts the very best. Onwards and downwards friends!know thyselfNid wy'n gofyn bywyd moethus...9
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