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2022 Mortgage-Free Wannabes

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Comments

  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 27 February 2022 at 9:35AM
    #13 reporting in. 

    Bit of a slow start this year, but I'm not disappointed as I have paid off a £5621 loan, so that frees up £295 a month.

    Feb OP £1,000 of my £9012 target. 

    Good luck everyone! Thanks @julicorn

    MM
    x
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • Boatright
    Boatright Posts: 9 Forumite
    First Anniversary Name Dropper First Post
    #63 £235 for February! 

    Thanks Julicorn! 
  • eat_that_frog
    eat_that_frog Posts: 266 Forumite
    Fifth Anniversary 100 Posts Mortgage-free Glee! Name Dropper
    #58 here with an overpayment of £1500 for Feb. Thanks 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
  • girlie1412
    girlie1412 Posts: 51 Forumite
    Third Anniversary 10 Posts Name Dropper
    #7 reporting £879.72 OP for February 22 
    thanks for dining this challenge julicorn 
    MFiT-T6 #7 
  • Legs21
    Legs21 Posts: 251 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker

    #71 checking in with another OP of £250 taking Feb total to £450

    Thanks @julicorn
    MFW 2022 #71  £4400/£4400
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #88 checking in with an additional £600 OP, taking February's total OP to £986

    Thanks @julicorn B)
    MFW 2022 #88: £6620/£6000
    MFW 2023 #38: £13242.13/£6000
    MFW 2024 #38: £15792.12./£9000
    MFW 2025 #38: £12183.50/£7500

    Thank you to all competition posters
  • OhtobeMortgageFree
    OhtobeMortgageFree Posts: 324 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    Sneaking in a final overpayment for February...
    £200 - taking my total to £1340 for the month! 🙌🏻
    (#59)
    Original mortgage total: £140,000.00 (July 2015) Original mortgage end date: June 2040
    Mortgage free start date: 16th October 2018 Mortgage total at this point: £132,829.12
    Current mortgage total: £54,762.71 Current mortgage end date: June 2032 Daily interest: £7.59 > £2.64
  • Nichelette
    Nichelette Posts: 2,129 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #86 - Hi, I've managed another £50 in Feb, so can I please update my total for the month to £1050. Thanks!
    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
  • jennystarpepper
    jennystarpepper Posts: 799 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    edited 28 February 2022 at 8:34PM
    16  -  Total for Feb £944.79  

    Many thanks Julicorn.
    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

  • StoicLass
    StoicLass Posts: 37 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    #18 with ‘just in time before month end’ February OP of £250, bringing total this year to £500. Cheers @julicorn
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