We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

2020 Mortgage-Free Wannabes

1143144146148149183

Comments

  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    edited 18 September 2020 at 5:50AM
    Hi julicorn,
    No: 33 apologising as I haven’t updated for a while (still having problems accessing new site and when I get on I can’t even figure out how to get to page 1 of this thread to check when I last updated 🙄!). YTD is now £3600 so can you put me down as £400 a month Jan to Sept. Thank you. 
    I have a lot to catch up with all the progress on the thread.  Hope you are all keeping well 🙂
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • No 125  here - another £160 paid in. That's £240 so far for September. Many Thanks
    MFW 2025 #64: £4350/£5000
    Mortgage January 2025 £31,598
    Mortgage February 2025 £30,519
    Mortgage March 2025 £29,427
    Mortgage April 2025 £28,731
    Mortgage May 2025 £27,351
    Mortgage June 2025 £26393
    Mortgage July 2025 £25,395
    Mortgage August 2025 £24,215
    Mortgage September 2025 £22,606
    Mortgage December 2025 £19,887
  • Hi Julicorn, 

    No.28 with a further overpayment of £908.15 bringing September’s total to £1558.15.

    That concludes my mortgage. 

    Thank you so much for running this challenge Julicorn; it’s been indispensable when the numbers seemed insurmountable. 

    And good luck to all of you who are still chipping away at your own mortgages. It’s a worthy goal. 

    Now, where do I get my badge...?






    Oh wow! I missed this last night. Well done 🥳
    Small OPs are better than no OPs
    Start date - Feb 2018 £231,000 / Apr 2042
    July 2025 £116,950 / Dec 2025
    MFW #60…. Back in for 2025!
  • MFW #147 here. Reporting £350 over payment for September. Thanks!
    Initial 2 year fixed Mortgage (July 2019): £158,747 over 18 years. Overpaid £14,250 in Year 1, £13,400 in Year 2. Total mortgage reduced by £40,790 in 2 years. 

    New Mortgage (five year fix at 1.81%): June 2021
    Current Balance (01/06/2021): £117,957 over 14 years. Total overpayment in 2021 of £13,850. Lapsed tracking! Total Owing November 2022: £100,513. February 2023: £97,535. April 2023: £88,739. July 2023: £87,481. August 2023: £85,512. November 2023: £83,053. 

    Original End date: June 2039. Now June 2035. *GOAL* Mortgage Free by 2030.


  • #131 updating. I've made a few small OP's this month, so total for September is £339.76 so far
  • Hello everyone.  Number 90 with a September overpayment of £400.  Thank you 🥳
    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; Dec 2025 £16,570[/COLOR] 2025 OP £2874/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £5360/£21,930 (24.44%)
  • #148 OP of £8300 today please julicorn. Thanks total for the month I think now is £20400
    Aug 24 - Mortgage Balance £242,040.19
    Credit Card - £8,141.63 + £4,209.83
    Goals: Mortgage Free by 2035, Give up full time work once Mortgage Free, Ensure I have a pension income of £20k per year from 2035

  • Hi Julicorn, please would you change my annual target to £25271.37?  Thank you, IndiJonesi,  #129
  • #152 Overpayment of £8.93 today making my September OP a total of £107.38     :smiley:
    Debt Remaining: £8,781.53
    3 Month EF: £1,000/£4,494
    2025 MFW Challenge #9: £999.00/£4,000
  • Hi (No 73)
    Please add  £25 to Sept (Sept = £45)
    Thanks Julicorn
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.