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2021 Mortgage-Free Wannabes

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Comments

  • FtbDreaming
    FtbDreaming Posts: 1,127 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    #26 ive paid another £50 for October so total £107.83
    Mortgage started August 2020 £69,700
    Mortgage ends Aug 2050 MFW: Aug 2027 
    Current Balance: £58,678
    MFW2020 #156 £723.13
    MFW2021 #26 £1184.71
    MFW2022 #11 £197.87
    MFW2023 £785
    MFW 2024 £528.15

    Determined to make it! 
  • #84 with an overpayment of £2000 for Oct.

    Thank you Julicorn!
    Mortgage free as of March '25!
    £240,000 paid off in 4 years, 8 months and 18 days (July '20-Mar '25)
    Mortgage paid off 19 years early.

    2025 MFW #40

    2025 Goals

    Pay off mortgage of £55k for good! - £55k/£55k paid - mortgage free!!!
    Keep emergency fund at £10k - £10k/£10k - goal met!
    Lose 12 kgs - 3/12 kgs lost so far
    Try 1 new activity/experience as a family each month - 0/12 new activities/experiences tried
    Decluttering - declutter 500 items from house and outbuildings - 136/500 items so far
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No.6 - October OP of £200
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
    % of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Barny1979 said:
    julicorn said:
    Barny1979 said:
    #43 £66.00 OP today, £1200.78 for October and £5000.78 for 2021. TARGET REACHED!!!!
    Congratulations Barny, well done! Please have a quick look at the logs, I've got your annual total at £10 higher than you do here :) 
    @julicorn hi, out all my figures into a spreadsheet and I’ve got £5030.18 for 2021, must have gome wrong somewhere through the year.
    Thanks for checking, and that's even better! I've added an extra £20 to September to make the balance match. 
  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Hi Julicorn can I add £50 for number 76 please x
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • #16 New total for Oct. £382.12 - many thanks.
    MFW - 01.10.21 £63761   01.10.22 £50962   01.10.23 £39979   01.10.24 £27815. 01.01.25. £17538
    01.03.25 £14794.    01.04.25 £12888
    01.05.25. £11805. 12.05.25  £9997   05.06.25  £8898. 
     01.07.25. £7975  01.08.25 £6968

  • Nichelette
    Nichelette Posts: 2,129 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi, can I please record £136.03 for no.86. 

    This might be my last overpayment for a while now as I'm on SMP and being cautious with the cost of everything going crazy, but I'll definitely participate again next year if the challenge is still going. We're sooo close to 40k in overpayments, and although we'll have a massive childcare bill I'm keen to continue to overpay even if it's only £50 a month for a while. 

    Thanks Julicorn!

    Finally bought a home
    Starting mortgage £289,500 31.01.19 - Current outstanding £192,586.98/CENTER]
    Overpayments since 27.03.19: £52,407.47
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #43 £6.23 OP today, £1207.01 for October and £5036.41 for 2021
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 22 October 2021 at 8:04PM
    Hi, number 105 here,

    Well done everyone for their OP's this year.  I have not been able to make any for a while due to a change in circumstances, so whilst i won't be able to meet my target this year, i am pleased with the progressed made.  Hopefully i will be in a position to resume the overpayments sometime next year and partake in 2022s challenge 
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • Elvie100
    Elvie100 Posts: 110 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    Hello

    #60 with £426.94 for October.

    Thanks

    L
    Was MFW#60 - mortgage paid off December 2021
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