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Easter 2025 I’m coming to get you!
Comments
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Well done on the OP.Achieve FIRE/Mortgage Neutrality in 2030
1) MFW Nov 21 £202K now £171.8K Equity 36.37%
2) £2.6K Net savings after CCs 10/10/25
3) Mortgage neutral by 06/30 (AVC £27.9K + Lump Sums DB £4.6K + (25% of SIPP 1.25K) = 34/£127.5K target 26.6% 10/10/25
(If took bigger lump sum = 60.35K or 47.6%)
4) FI Age 60 income target £17.1/30K 57% (if mortgage and debts repaid - need more otherwise) (If bigger lump sum £15.8/30K 52.67%)
5) SIPP £5K updated 10/10/251 -
Morning everyone. Just made an overpayment of £50 which leaves my mortgage at £17,749. I've exceeded the overpayment target I set of £2,000 in OPs for the year which I'm very happy about. My Sealed Pot for Christmas pressies was opened yesterday and I was happy to have saved £660. I've just submitted an update for the MFiT challenge and I've cleared approx 19% of the challenge amount. At the start of this challenge in January 25 I had £20,930 to pay off to clear the mortgage; so far in the 9 months the 3 year challenge has been running I've cleared £4,181 which I'm very happy about. I went back to using cash for groceries this month. I shopped yesterday for the upcoming week and do still have a bit of cash left in the purse. It is half term next week and I've got another 8 days to payday but I think we might just eek it out. Any cash left in the purse will be put into the next sealed pot and money left in the bank will be savings and mortgage. I will try very hard not to let half term and my son sabotage my plans!SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £660.03[ SPC 19 ?COLOR="DeepSkyBlue"]MFW #21 Mortgage start Dec 2015 £79,950; Oct 2025 £17,729[/COLOR] 2025 OP £2156.36/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £4181/£21,930 (19.06%)5
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Well done on your excellent progress 😊
MFW
Opening Mortgage Balance 16/06/2024 - £99569.04 term remaining 80 months (Feb 2031)
Current Balance £29,600
MFW 2025 #31 £33,400 / £28,000 OP
MFIT - T7 £33,400 OP
0%CC May 2027- £2,600
0% Loan £694.68
Grocery Challenge
Jan £387.89 / Feb £ 355.67 / Mar £418.63 / Apr £478.37 / May £426.52 / June £376.18 / July £462.54+£103.32 entertaining / Aug £294.38+83.83 entertaining /Sept £328.93 / Oct £381.10
The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum2 -
Awesome work, hetty! xMortgage Balance as of September 2025 £11,700
Starting Mortgage Balance (June 2019) £72,000.
Aiming to be mortgage free by my 40th birthday, June 2026!1 -
Fabulous progress hetty!
Hope half term goes well and doesn't de-rail your funds too much!I am the master of my fate; I am the captain of my soulRepaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NILNet sales 2024: £201 -
Well done on getting the mortgage down, you are doing really well. Keep it upXXMissions: -
1) Build up an emergency fund (EF) £3100/£3500 By end of 2025!
2) Pay off Mortgage Starting £58738 (11/04/2017) - Current balance £46985.67 (21/10/2025) Unknown time frame? Start coming soon. ( another 5 years?)
3) Improve the number of no spend days.1
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