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2023 Mortgage-Free Wannabes

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Comments

  • Chili81
    Chili81 Posts: 47 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    #11 here checking in with last OPs for the year. 
    100 for November and 100 for December. Well done everyone for keeping on going in a difficult year with sky high inflation! And thanks as always to Julicorn for keeping us motivated. 
  • Jessy103
    Jessy103 Posts: 2,257 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hi,

    No. 12 with an overpayment of £355.93 for December.

    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!
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 3 December 2023 at 4:21PM
    #13 - not making a payment yet as we are going through redundancy at work so I am finishing on the 31st December (Merry Christmas!). I had just got to a point where I could plan for regular meaningful OPs so it has knocked me sideways quite a bit and the last few weeks have been really hard.

    However I am sooo close to my target i want to try and hit it - anything not spent over Christmas will be paid to the OP target. 

    It's really made me realise that i need to get rid of the Mortgage and debt though, so as soon as I get a new job i shall be planning my escape properly and release myself from being tied to these people. I have £164.27 in my 'free money' pot, .thanks to HSBC account, selling a toy that isnt played with and prolific - so that's the plan to get to target. I think i need £434 ish in total. 

    Wish me look - this really is the spur to get me to pay this thing off now. Might start my own diary......

    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!!!
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hello, number 105 here, checking in with my November OP, please can you put me down for my usual £217.94 please, which will be a year to date of £2459.36.  

    well done everyone on the OP's so far, looks like with my december payment in a few weeks i will hopefully meet my target this year.   

    Good luck everyone for the remaining month of the challenge and thank you Julicorn for running it again.  
    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..
  • Simobla1
    Simobla1 Posts: 63 Forumite
    Second Anniversary 10 Posts Name Dropper
    Number 56 with a December overpayment of £866.  Look forward to doing this again next year!
    Save £12k in 2025
    #36 2025: Target £15k / £9,498
    #39 2024: 
    Target £10k / £13,623 (exceeded)
    #39 2023: Target £3k / £4,415 (exceeded)

    MFW member No.56
    2025 Overpayment Target £4k / £2,875.32
    2024 Overpayment Target £7k / £7,683 (exceeded)
    2023 Overpayment Target £5k £9,358 (exceeded)
    Mortgage total May ‘23: £119,202. Jan ‘25: £96,098.  Current June '25 £92,751
    Pay-off: 1st April ‘341st Sept ‘33, 1st May '33, 1st April '33, 1st March '33, 1st Aug '32, 1st  Sept '31

    MFiT-T7 #15
    Target £70k
  • Good morning all and happy December!
    #36 checking in with the final 2023 December o/p of £131.66, thank you for running this challenge Julicorn :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
  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Final over payment of the year for us ( #3)
    £616.53 
    I'm going to hang fire with any more OPs as the new mortgage has been agreed. Hoping to get off to a flying start with the 10% OP allowed in Jan!
    Thanks so much to @julicorn for all your efforts in keeping the spreadsheet updated 
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
  • Well done flower of Scotland.
  • Huge congratulations Flower of Scotland, what a wonderful Christmas present to give yourself 
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