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2022 Mortgage-Free Wannabes

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Comments

  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    #35 with surveys and a small sale leading to another £25.49 in  Feb
    £352.68 for Feb so far.
    Thanks
    S
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
  • #27 with £250 for February. Thanks Julicorn xx
    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


  • #14 checking in with Feb op of £250.55.  Thanks @julicorn for the updates, Indi
  • mark55man
    mark55man Posts: 8,215 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi Julicorn

    #57 reporting in as of end Jan 2022.

    At the end of 2021 my Mortgage Neutral (MN) pot was £31.9K and my mortgage balance was £86.4K.  Giving a deficit/net-debt of £54.5K.

    At the end of Jan 2022 my Mortgage Neutral (MN) pot was £33.6K and my mortgage balance was £85.0K.  Giving a MFW OP total of £1.6K for Jan 22 and overall MN deficit/net-debt of £51.5K.

    Current target for Mortgage Neutral is Feb-23 with a real squeeze and a bit of luck and ongoing Covid caution keeping my spends low it could be 2022.  

    Thank you!
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • Hi Julicorn,
    I'm very late to the party but would I be able to join with a target of £2000? We've just remortgaged and are finally in a position to start making overpayments,
    Thank you!
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • Morning everyone,
    #23 reporting in. January £190 and February £2190. Total £2380.
    I know it looks like I will smash my target this year if I continue at this rate but I am not sure what the rest of the year holds.
    As always, thank you @julicorn for running this challenge.
    Bounty123
    2025 MFW No:23
    MFiT-T7 12
  • Hello, number #20 - £500 overpayment today, had a bit of a tricky Jan but will get back on track now :) 
    thanks @julicorn x
    Current mortgage - £12000
    aim to pay £6000 this year (mfw #20)
    £3000/£6000

  • Legs21
    Legs21 Posts: 251 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #71 checking in with another OP of £50 taking Feb total to £200

    Thanks @julicorn
    MFW 2022 #71  £4400/£4400
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #6 checking in. I had covid last month and have been quite poorly. So I've made my first OP of £250 today. With some home improvements due and the cost of living increases I'm not 100% confident I'm going to hit my target now, but it's a start. :)
    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
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32 here, bit out of sync, having caught covid, saving for a big holiday. £667 for Jan. I’ll be back to top up February. thanks Julicorn x

    MFW 2025 #32 £4,926.23/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2025 #48 £11,200/£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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