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2022 Mortgage-Free Wannabes

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Comments

  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning, and thank you all for your patience with the updates this month - I'm back from holiday now, and pleased to report that the sheet is up to date, we've cracked the quarter-of-a-million-pound mark, and there's been some truly fantastic overpayments this month! <3 
  • pinknsparkly
    pinknsparkly Posts: 545 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    Hi Julicorn,

    number 99
    , reporting in with total overpayments of £172.34 for April and £273.64 for May

    Thanks so much, as ever, for running such a great challenge!
    MFW2023 challenge #99: £1090.11 / £1,000 MFiT-T6 (Jan 2022 - Jan 2025) challenge #99: Reduce mortgage to £400,000. Current balance = £413,551.19 Initial MF date (23rd Aug 2022): Sep 2051 Current MF date: Jul 2051 Last updated: 15/06/2023
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #88 with a final May overpayment of £85, taking the total for May to £340.

    Keep up the great work everyone!
    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
  • 16  -   May payment £924.67 

    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

  • eat_that_frog
    eat_that_frog Posts: 266 Forumite
    Fifth Anniversary 100 Posts Mortgage-free Glee! Name Dropper
    #58 checking in with an overpayment of £7k in May. This takes me to my 2022 goal of £18000 and maxes out my 10% mortgage overpayment allowance  B) 

    Thanks so much 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
  • #10 with a final OP for May yesterday of £8,000 (total for May £24,000) and a first OP for June of £8,000 - that will be the last of the big payments for now.

    Thanks for updating, julicorn. I'm not sure if you saw my question last week about upping my target, but would it be possible to update it to £45,000 in the spreadsheet? Thank you!
    Original mortgage: £278,827 (September 2018)
    Current mortgage: £0 (15.07.2023)
    Original mortgage-free date: September 2033
    Current mortgage-free date: July 2023
    MFW 2023 #10: £28,909.64/£25,000

  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi julicorn, No 70 with an OP of £280 for June.  Thanks :)
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
  • PiggyBankShaker
    PiggyBankShaker Posts: 1,164 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #14 with first overpayment of £25.88 for May. Total for 2022 = £8,696.17

    Thanks @julicorn
    • Mortgage over-payments to date: = £16,746
    • Original redemption date: August 2043
    • Current redemption date: July 2041
    • Debt: £15,930
    • Savings: £12,430
  • Shal1160
    Shal1160 Posts: 60 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Hi Juliecorn and all
    #36 checking in with a £150 o/p for June :smile: happy to be able to still overpay for now, even if things are getting tougher and it might not be possible in the future
    Mortgage start: Sept 2018 £140,000 (30 years) Sept 2020: £129,131 
    Sept 2021: £121,000 (remortgaged for 22 years), Sept 2022: £111,009, Sept 2023: £101,700, Sept 2024: £94,405
    Current: £86,450 (Jul 25)
    MFW 2025 #29
    Just keep swimming
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    edited 1 June 2022 at 10:56AM
    #32 here with June OP of £477.99 I’ll be back with a top up in a few weeks. 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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