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2023 Mortgage-Free Wannabes

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Comments

  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No 7 with an OP of £100 for August. Thanks julicorn
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
  • #84 with overpayments of £160 in June, July and August (total OP of £1,280 over 2023 to date). Thanks Julicorn
  • Lee-10
    Lee-10 Posts: 56 Forumite
    Ninth Anniversary 10 Posts Combo Breaker
    Morning 

    #59 with Aug overpayment of £50

    Hopefully more to come this month 

    Thank you :)
    MFW2021 #93 - £330/£2200
  • Madeit01
    Madeit01 Posts: 8 Forumite
    Seventh Anniversary Name Dropper First Post Photogenic
    Hi, #64 £226 OP's each month for Jan - Aug totalling £1,808 for the year so far. Hoping to be able to add some more this month by taking in a lodger!
  • Hi, number 83 with a £943 OP for July , 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%
  • powerspowers
    powerspowers Posts: 1,339 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    #27 with £175 for August please Julicorn 
    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


  • becksta
    becksta Posts: 2,227 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 8 August 2023 at 10:23PM
    #38 here with an overpayment of £2258.56. 

    This smashes my overpayment target of £6k that I set for this year. We are lucky enough to still be on an extremely low fixed rate of 1.48% until June 2025 so we are planning to overpay as much as possible (including taking some money from savings) in order to get the outstanding balance as low as we can before we remortgage.

    I won't adjust my target but I will continue to update this thread each month to see how much I can beat it by.

    Good luck to everyone this month and thanks to Juliecorn for running this challenge.
    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
  • Shal1160
    Shal1160 Posts: 60 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Hello fellow MFWs
    Hope everyone is having a good summer so far, #36 checking in with an August o/p of £129.54. Thank you Juliecorn :smile:
    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
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Number 52 with another £500 ..Total now £15,500 ..Thank you
  • Hettyhound
    Hettyhound Posts: 1,046 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Number 69 with an August over payment of £592!  My outstanding balance is now under £28K by £1   :D
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; June 2025 £19,394.00 2025 OP £1589/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)
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