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2023 Mortgage-Free Wannabes

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Comments

  • Qtipps44
    Qtipps44 Posts: 88 Forumite
    Fourth Anniversary 10 Posts Mortgage-free Glee!
    #33 overpayment for April.  £  2450.

    adding now as we’re away for a wee holiday in a caravan.

    thanks for updating.
  • becky170
    becky170 Posts: 879 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    edited 29 March 2023 at 9:04PM
    #66 here reporting a total overpayment of £311 for March  :)
    Mortgage-free wannabe 2025 £571/3000
  • Haven't been on here for a while. #61 reporting an £80 overpayment for March.

    Overpayments will likely be backloaded, and target might have been a bit ambitious this year whilst keeping sufficient in reserve for life's emergencies.
  • pogg000
    pogg000 Posts: 588 Forumite
    Part of the Furniture 500 Posts
    No.44 here reporting a new balance of -£7769.52

    So a reduction of £12186.56


    thanks all x
    lbm 11/06/12 dept total 11499.47
  • Number 76 here (Adamnatsmith) with a £600 OP for March 2023. Thanks!
  • Forgot to say, I can see a figure of 86 or so pounds under me for March which I think may have been for someone else! The 600 can supersede this. Thank you!
  • Hi @julicorn #40 here with £9450 in March. Thanks very much!
    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
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 with a final OP for March of £464.  That brings my total for March to £1856 and means that I have hit my £3000 target!!

    I wasn't sure that I would be able to put much away this year but things have turned out slightly different to what I was expecting.  Can I increase my target by £3000 to a new total of £6000 to see how I get on?

    Many thanks
    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
  • Hi, #24 with April OP of £580.42.

    I think I might have met my target for the year? 
    We didn’t think we’d have quite as much to play with this year, could I change my target to £4000 please?
    Thanks 
    Mortgage Aug 2019- £180000
    Aug 20- £173815
    Aug 21- £159800
    Aug 22- £146000
    Aug 23- ?
    Aug 24 (end of fix)- ?

    Currently- £136400

    original mortgage free date August 2044
    Aiming for 2037

    MFW 2023 #24

  • #83 with a final figure for March of £1745. Thanks @julicorn .
    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £23968


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2025
    Jan £304 Feb £346 Mar £298 April £344 May £214 June £200 July £200

    Daily interest £3.37
    Percentage owned 48.5%
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