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2023 Mortgage-Free Wannabes
Comments
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#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.2 -
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!1 -
#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!!!2 -
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..1 -
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 ‘34, 1st Sept ‘33, 1st May '33, 1st April '33, 1st March '33, 1st Aug '32, 1st Sept '31
MFiT-T7 #15
Target £70k1 -
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 JulicornMortgage 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 swimming1 -
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 updatedEmergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614- MFW 2022 #35 10,000
- MFW 2023 #3 10358.97
- MFW 2024 #3 10000
- MFW 2025 #3 6945.69/10000
- MFW 2024 #3 10000
- MFW 2023 #3 10358.97
1 - MFW 2022 #35 10,000
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#80 with a o/p of £51,401.38 to FINALLY pay off my mortgage 🥳🥳🥳 it has taken me 33 long years with more remortgages than I care to remember! Finally saw the light about 5 years ago and aimed for my 50th. A few months over but had to wait for my fixed rate to end. This forum has kept me going and I wish everyone good luck on their journeys 🥰12
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Well done flower of Scotland.1
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Huge congratulations Flower of Scotland, what a wonderful Christmas present to give yourselfI’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.1
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