📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2023 Mortgage-Free Wannabes

1656668707182

Comments

  • jackieblack
    jackieblack Posts: 10,519 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #4 with my usual OP of £125 (offset)
    Thanks, as always, julicorn 👏🏻🥂
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
    2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £1350
    2025 target = £1200, YTD £9190
    Quidquid Latine dictum sit altum videtur
  • #18 Reporting in with an overpayment of £1013.24 paid off today.
    Make £10 a day challenge - January 2023 = £292.89/£310 - Feb 2023 = £677.09/280 - March 2023 = £102.45/£310 - April = £300.12/300 - May 2023 = £306.80/£310 - June = £245.88/£150 - July = £295.45/£310 - August 2023 £51.56/£310
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 reporting a total overpayment of £595.30

    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
  • mark55man
    mark55man Posts: 8,217 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi there Julicorn #57 reporting in for September

    OP (savings) at end of Sep 23 of £250+£250+£54.51+£563 = £554.51

    My total this year £7580 /£10800 

    Kind of on target - annual costs caught up with me hence the strikeout.   May still make target
    I think I saw you in an ice cream parlour
    Drinking milk shakes, cold and long
    Smiling and waving and looking so fine
  • #21 here and I’m behind again

    we flipped onto a new rate so loud overpayments are £1,011.30 for each of August, September and October

    thanks for updating Julicorn. I’m also thankful I’ve been overpaying while rates are low as I’ve really protected myself from the current high rates as much as I can 
    Mortgages Oct 2020: £308,283 Jul 2021 £286,600 October 2022 £253,456 MFW-22 #9 MFIT-T6 #35
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 1 October 2023 at 11:17AM
    #13 just catching up. Haven't done anything over the Summer apart from rounding accounts automatically which has added £10.98, feel free to put it against October. I've actually focused on debt and paid £7,000 off and now I'm gearing up for a larger mortgage payment soon as I'm due to come out of my fix in Nov which is scary. Oh well.

    Thanks as always @julicorn

    MM
    X
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • #76 here with a payment of £600 for September. Baby and holiday expenses plus general CoL meant no overpayment for August 😔 Will need to readjust target for the year I think. Ah well.
  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    No 7 with an OP of £100 for October. Thanks julicorn.
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
  • 16, September, £396.78.

    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

  • Jessy103
    Jessy103 Posts: 2,257 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hi,

    No. 12 with an overpayment of £309.10 for October.

    Thanks 🙂
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.