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2024 Mortgage-Free Wannabes

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Comments

  • #83 with an OP of £409 for January. Thanks @julicorn :-)
    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £23968


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2025
    Jan £304 Feb £346 Mar £298 April £344 May £214 June £200 July £200

    Daily interest £3.37
    Percentage owned 48.5%
  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    #27 with £250 for Feb please Julicorn xx
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • Lumiona
    Lumiona Posts: 259 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    MSE Lumiona MFW Challenge No #19
    Month Monthly Total YTD Goal Goal Left
    Jan-24 £3,982 £3,982 £24,000 £20,018
    Feb-24 £4,090 £8,071 £24,000 £15,929

    Another good month so far, I've reduced the savings balance again to throw it in the Mortgage O/P ISA for this financial year. I'll send some more over when we get paid at the end of the month.
  • uzubairu
    uzubairu Posts: 1,207 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    Hi julicorn,
    Please can I participate again this year.
    Last year I was #29 and reached my overpayment target of £3,000.


    For 2024, my overpayment target will be £3,500
    I don't mind what number I get assigned.

    Totals so far:
    Jan '24 = £300
    Feb '24 = £300
  • Hi:) #34 here with £1,300 for Feb 
  • ~FlowerPot~
    ~FlowerPot~ Posts: 1,621 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    just managed a sneaky O/P of £40 onto the mortgage so thats £280 so far this month

    #70 £280 total for Feb so far
    ♥️ ♥️ ♥️
    🌸🌸🌸🌸🌸🌸🌸🌸
    Decluttering 2025 So far 403 / 2025
    Decluttering 2024🏅🏅🥇🏅🏅🏅⭐⭐⭐🌸 DS2🏅🏅DD🏅🥇🌸
    25 in 25 So far 1 /25

    ⭐My rambling savings Diary ~⭐
  • Hi, I would like to leave this thread, Because I am not going to be able to overpay mortgage at all this year. I have decided to get Kitchen done on the spur of the moment. Meaning my cash is going to that for the time being, I'll come back another year I am sure, I may have to do smaller O/Ps next year then I would like as I need to save for my car. Thank you.
  • Yorkielass
    Yorkielass Posts: 2,235 Forumite
    Part of the Furniture Combo Breaker
    Please can I join this challenge. 

    My target is £4000 overpayment for the year. 

    I only started the mortgage in February and my overpayment for the month so far is £1646.28

    My diary is https://forums.moneysavingexpert.com/discussion/6503004/yorkielass-starts-again#latest

    Thanks 
    Initial Mortgage January 2024 - £160,000
    Initial Mortgage free date - January 2058
    Mortgage as of 1st February 2024 - £159,134.98
    Overpayments to date - £79.62
    Current Mortgage free date - January 2058
  • Chili81
    Chili81 Posts: 47 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    #11 reporting and OP of £100 for feb.
    Thanks 
  • Hi all 
    Hope February is treating you well, #29 with £75 o/p for February, thank you 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
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