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2024 Mortgage-Free Wannabes

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  • Moneyminded
    Moneyminded Posts: 288 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    #15 checking in with an OP of £446.24
    Thanks Julicorn
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £378.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.48
  • auntiemicmic
    auntiemicmic Posts: 11 Forumite
    10 Posts Second Anniversary Photogenic
    julicorn said:
    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 :smile:

    Thanks!
    Yes of course, welcome to the challenge! You've got #36 :)
    Thank you so much. I have overpaid £370 today, that is my full total for Jan. :smiley:

    MFW 2024 #36 - Overpayments Jan £370

    Mortgage 28/01/24 £168563.60

  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Hi Julicorn
    Happy to move up if it helps.

    #46 January overpayments total £225.41/£1200

    Thank you
  • t4mof
    t4mof Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #45 DH wage of £1700 paid on Thursday.

    £33,394.94 paid in January - wish I could make that level of payment every month!
    CC Debt at LBM Nov 08 - £25000+ DFD Dec 2012
    Second DFD May 2021
    Starting my MFW journey: Opening Balance: £138,000; July 2019: £135107.33; July 2024 £52974.60; July 2025 £11140.23
    2025 MFW #36
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hello, number 105 here with my first OP of the year, please can you put me down for a payment of £177.94 please.

    Thanks again for running the challenge again this year and good luck everyone for this years challenge.  
    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..
  • gillynomad
    gillynomad Posts: 102 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    #24 checking in with a £400 overpayment for January
    Mortgage: £116,060 (Apr 2024)
    Initial MF date: Apr 2048
    Current MF date: Dec 2044

    MFW 2022 #98 £2,2000/£1,800
    MFW 2023 #35 £7,510/£7,500
    MFW 2024 #24 £1,225/£5,000
    MFi3-T6 #41  £21,231/£27,495 (Mortgage Target £110,000)

    Weight Loss Q1 24: 5/12lbs
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 here with an overpayment of £572.34 for January,

    Thanks and good luck to everyone for February
    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
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hello, 

    #18 reporting an OP for January of £1,000.

    Happy hump day everyone. 

    Thanks for running the challenge @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!!!
  • jennystarpepper
    jennystarpepper Posts: 799 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #16  £505.54 for JAN

    Many thanks
    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

  • hellosupernova
    hellosupernova Posts: 90 Forumite
    Third Anniversary 10 Posts
    hellosupernova said:
    #9 first payment  £573.05
    Thanks!

    Hi Julicorn. Can I please update this figure to £589.05 for Jan please. 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               Achieved
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