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2020 Mortgage-Free Wannabes
Comments
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Number 58 here, so we are currently bulking up our emergency fund, I am hoping come September (when my op year closes) that this nightmare is over and can make a dent. I don't think it'll be the full amount though. In a month of Sundays I never envisaged this lockdown and the wider economic impact. I hope everyone is safe and everyone is OK.06/06/2023 mortgage mort dateJUST BRING IT1
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#29 checking inThis morning the waitng game got the better of me.I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)This is 4 yrs 2 months earlyThank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth it
DobbiI’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
You don't have to be the best -
Just be better than you were yesterday.12 -
Well done you. Many congratulations. What a great feeling that must be! 🎉🎉🎉Dobbibill said:#29 checking inThis morning the waitng game got the better of me.I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)This is 4 yrs 2 months earlyThank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth itDobbiSave £12k in 2026 #2 I have banked £9004.48 so far, against a £10k target The 2026 Save £12k in 2026 thread is here
OS Grocery Challenge in 2026 I am sticking with a £3000 annual budget for 2026 - currently £1111.79 and most of my May purchasing made
I also Reverse Meal Plan on that thread and grow much of our own premium price fruit and veg, joining in on the grow your own in 2026 discussion thread
My keep within our budget diary is here2 -
That's amazing, well done!Dobbibill said:#29 checking inThis morning the waitng game got the better of me.I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)This is 4 yrs 2 months earlyThank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth itDobbi
What a great sense of achievement, spurs me on! MFW 26 #32 £4,854.66/£6,000; MFW 25 #32 £9,594.51/£3,000; MFW 24 #32 £4,217.84/£3,000; MFW 23 #32 £5,238.84/£4,000; MFW 22 #32 £8,246.43/£8,000; MFW 21 #32 £8,982.73/£8,000; MFW 20 #32 £12,000/£6,000
Save £12k in 2026 #32 £12,625/£18,000; Save £12k in 2025 #48 £20,000/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000
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🥳🤩🥳👏🏾Dobbibill said:#29 checking inThis morning the waitng game got the better of me.I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)This is 4 yrs 2 months earlyThank you Julicorn for running the thread and keeping us all accountable with the spreadsheet.Big cheer to everyone who is doing what they can in these uncertain times - keep at it. It will be worth itDobbiInitial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
To save £100k in 60months start 01/01/2027
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓1 -
Congratulations Dobbi!
*need happy jumpimg emoji from the old forum here*
Mortgage free as of 12/08/20!
MFiT-5 no 45You can't fly with one foot on the ground!1 -
Hi! Number #66 here, I know I have been falling behind on this challenge. I lost my job to corona virus and I couldn't get furloughed either so I have been saving every penny and just trying to sit tight for the next 3 months. However, yesterday I got some great news that I CAN be furloughed after all! To celebrate and give myself a little boost I have made a small over payment of £12 (total for April = £12). I know I'm still behind but I expect to make it up later this year when this has all blown over!Original settlement date: Dec-54 Projected: Jul-55 (due to 3 month mortgage holiday!)4
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That’s amazing. Huge congratulations!!!!I made a final OP of £4700. This means I am mortgage free (aside from a few quid interest which will be added at the end of the month for 23 days)This is 4 yrs 2 months earlyMortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #351 -
Well done and I just want to celebrate with you for work/income situation being resolved.wh_em said:Hi! Number #66 here, I know I have been falling behind on this challenge. I lost my job to corona virus and I couldn't get furloughed either so I have been saving every penny and just trying to sit tight for the next 3 months. However, yesterday I got some great news that I CAN be furloughed after all! To celebrate and give myself a little boost I have made a small over payment of £12 (total for April = £12). I know I'm still behind but I expect to make it up later this year when this has all blown over!Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
To save £100k in 60months start 01/01/2027
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓1 -
Number 90 with another £25 thanks to MSE energy club! Takes April to £250 in total. Hope everyone is keeping well.SPC #023 SPC 12: £125.86; 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 ?
MFW #21 Mortgage start Dec 2015 £79,950; July 2026 £11,824 2025 OP £2991/£2,000 2026 £3,350/£5,500
MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £6070/£21,930 (27.67%)5
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