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2022 Mortgage-Free Wannabes

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Comments

  • Qtipps44
    Qtipps44 Posts: 88 Forumite
    Fourth Anniversary 10 Posts Mortgage-free Glee!
    #33 £717.78 overpayment for June.
    thanks for updating.
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning all
    #34 reporting an OP of £100 for June. Also pleased to have reached the much hoped for milestone of mortgage balance going below £400k @£398k! 🥳🌟
    Please @julicorn can I reduce my OP target to £7500? I am doing some renovations and need to replenish the house fund with what I would have normally used to OP. Once the works are done I will review my target again but I think that will be in the next challenge now. 

    Well done everybody your OPs are phenomenal! 🌺
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    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 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • frugal_lass
    frugal_lass Posts: 93 Forumite
    Part of the Furniture 10 Posts
    #19 checking in with another payment of £324 for June. This makes it £540 total for June and have updated my signature. 
    Mortgage so far: £31,630.01Aiming to be mortgage free by 2024
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    hi, number 105 here with my June OP,  its my usual £247.94 which will take me to a year to date of 1487.64


    well done everyone on their progress to date and thanks again for running the challenge Julicorn
    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..
  • CrowdieSaver
    CrowdieSaver Posts: 109 Forumite
    Part of the Furniture 100 Posts Academoney Grad Combo Breaker
    #49 reporting an overpayment for June of £100. Total overpayments for the year now £1,150.
    Could I please also change my target: from £5,000 down to £2,500? I think that’s slightly more attainable, seeing as I’m not able to overpay much at the moment. Hopefully things will pick up soon 😞
    Thanks Julicorn
    CS x
    Mortgage at Jan 2009 (when house was purchased): £75,000. Mortgage at Jan 2017 (when I was able to start overpaying after 7 year relationship from hell ended): £60,000. Mortgage at April 2025: £16,822
    2025 MFW #70: £1,974 / £4,000.
    Previous Overpayments: 2024: £2,555. 2023: £2,850. 2022: £3,100. 2021: £2,540. 2020: £3,350. 2019: £1,950. 2018: £250. 2017: £500.
    Mortgage freedom can’t come soon enough!
  • HelenaPinky
    HelenaPinky Posts: 42 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    Can I join the 2022 MFWs? The honours list is such an inspirational read. Really nice to read how you’re all doing, I’m new to this but have started overpaying since I saw the light in March 2022!

    If I can join (don’t mind what number I am) can I have a target of £3570 for the remainder of this year? Thank you Julicorn (in advance!)
    Mortgage when saw the MSE light 💡: £85,000 (end date 2045)
    2019: £65,638
    💰 2024 Increased mortgage for house move:  £112,000 (end date 2064)
    Current balance: £4625

    2025MFW #75
  • powerspowers
    powerspowers Posts: 1,339 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Another £20 for#27, brings us to £650 this month 😀
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,600/£5,000


  • almalobana
    almalobana Posts: 18 Forumite
    Tenth Anniversary 10 Posts Name Dropper Combo Breaker
    Hi Julicorn!

    #48 updating for the last couple of months.

    May - £500
    June - £550

    YTD: £3400 / £6000

    Thanks!
    My MFW diary: Big mortgage, small steps

    Mortgage start: £356,000 - December 2019 £345,052 - December 2020 £331,976 December 2021
    Overpayments 2020: £1550
    Overpayments 2021: £3550/£3450

    MFW 2022 #48 progress: £3400/£6000
  • Legs21
    Legs21 Posts: 251 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #71 Checking in with another OP of £250. Total June OP of £400

    Than you very please 🙂
    MFW 2022 #71  £4400/£4400
  • rugbymadfamily
    rugbymadfamily Posts: 505 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Hi All!

    #42 with £1,000 for June please!

    Great work from eceryone, keep it up! And thanks to @julicorn as ever
    Current mortgage (1 Jun 2022): £289,501 - originally £351,999 got to love London sized mortgages!
    OP Goal 2022 = 3.75% in OPs: £6,975 / £13,200
    Emergency Fund Target: 3 months saved ✅
     
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