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2024 Mortgage-Free Wannabes
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chilswelluk said:Please can I join. My target for this year is £19548 (10% maximum over payment)
3 days ago I manged to pay £9548, so that leaves 10k left to pay this year. I hope to save this over the next few months.0 -
stuartp2000 said:Hi all,
Have paid £250 this month and will pay more before month ends as I get paid 25th of the month.
Can I also update my payment target to 9,000 as I can push to achieve that and be within my 10% max overpayment.
#77 - 250 / 9000
Also happy to move to a lower number if helps keep things tidy.1 -
auntiemicmic said:Hello, I'm new around here. Can you put me down for a target of 6K this year to overpay please? My aim is to do more than this but I am awaiting surgery so this is a conversative start for me
Thanks!1 -
Thank you all for a great overpayment start to the year! We've collectively overpaid over £50k already, very well done everyone1
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Hi @julicorn first update of the year for #30. OPs total 170 so far for January. YTD £170. Thank you!
Aiming for mortgage free by September 2030
Balance 1.1.20 - £69,701.80
Balance 1.1.21 - £63,699.80
Balance 1.1.22 - £57,762.80
Balance 1.1.23 - £53,074.20
Balance 1.1.24 - £47,902.00
Balance 1.1.25 - £44,141.20
over payments 2025 = £1,390/£1,500 /// invested 2025 = £900/£1,500 = TOTAL (YTD) £2,290/£3,0001 -
#9 first payment £573.05
Thanks!
Mortgage Free Wannabe
Mortgage free aim date (set Dec 23): 2030 or earlier
Mortgage free wannabe starting figure: £73,576.96
Current Mortgage Figure: £58,220
Mortgage end date with no overpayments: 20th July 2037
Mortgage end date with overpayments: 1st Jan 2030
Goal 1 10k off mortgage balance by 31st March 2024 Achieved
Goal 2 60k mortgage balance by 30th September 2024 Got to £62,999
Goal 3 10k off mortgage balance by 31st March 2025 Achieved1 -
Monthly Pay is in the bank so final payment of the month made for £550
Jan Total
#35 - 800 / 9000
Challenges
MFW 2025 #6 - 14871.56/14,000
Completed Challenges
MFW 2024 #35 - 9,000/9,000
Pay off all debts by 2023 - #18 8,000 / 8,0001 -
£1600 overall overpayment for January here
#80 £1600/£14000June 2017 - £295k mortgage/htb
June 2020 - £270k mortgage/htb
Dec 2021 - £228k mortgage
Dec 2022 - £195k mortgage
Dec 2023 - £162.5k mortgage
Dec 2024 - £140k mortgage
Dec 2025 - Target - £130k mortgage1 -
Hi,
No.12 with an overpayment of £558.40 for January.
Thanks
Jess 🙂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
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