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2023 Mortgage-Free Wannabes

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  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Number 52 £500 saved in week 3 ..Total £1500
  • Hi,
    #49 starting off the year with an overpayment of £150 for January please.
    Thanks Julicorn 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!
  • Sandyra
    Sandyra Posts: 293 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32

    just topping up my Jan OP with £100, getting ever closer to 60% LTV.

    final Jan payment is £841.68 please 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

  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    #3 checking in with £100 OP - first rent payment from son and a few survey bits
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
  • lindez
    lindez Posts: 643 Forumite
    Sixth Anniversary 500 Posts
    Hi All
    #2 with January 2023 over payment. £500.00
    Thank you Julicorn
    MFWB#2
    MFTT5 #28
    Save 12k 2020 #111
  • Hi everyone,
    #70 here with first overpayment of £100

    I know that’s a small amount towards my ambitious target of £12,000 this year, but I decided to put £2,000 into a 1 year savings account at 4.5% and save £250 a month into a 1 year account at the same rate. This is much higher than my mortgage rate of 1.89%. 
    So when both mature at the end of December, I can pay a lump sum off. This means I need to overpay £583.33 each month to hit my target.

    thank you for organising Julicorn, and good luck to you all x
    I’m a Forum Ambassador and I support the Forum Team on the Pension, Debt Free Wanabee, and Over 50 Money Saving boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the Report button, or by e-mailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Hello everyone 
    #34 with first op of £1000 for January . Thanks again @julicorn
    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. 🤓
  • Hiya julicorn. I'm sure I asked for my old number of 72. Anyway if not, can I get this number and I have made overpayment for January of £200 so far. Will see if I can do any more. 
  • x_raphael_xx
    x_raphael_xx Posts: 4,411 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    #100 Checking in.
    Wages hit today, so I've added £600 to the £250 from the bf and paid it straight in the mortgage.

    £850 Jan Total.
    Debt Free as of 17/01/2009 Turtle Power!!

    EF Challenger #3 £1543.72 / £5000
    MFW 2024 #100 £1300.00 / £10,000

    MFiT #40 Jan 2025 Target - £99,999.00
    Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
    Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
    Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
    Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.98
  • Hi,

    #17 Reporting a £500 overpayment for January.

    Thanks Merry
    Mortgage free wannabe #58
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