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2024 Mortgage-Free Wannabes

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  • Hello all,

    Payment today of 250 for February, should be a final one next week

    #35
    Feb Total - 250.00
    Ytd Total - 1050.00


    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 / 8,000

  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    uzubairu said:
    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
    Absolutely, welcome back! You've got #37 this year :) 
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    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 
    Welcome to the challenge! You've got #39 :) 
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Hi all, I hope you're having a nice February! I thought I'd post a little pre-pay-day update (well, for many of us anyway!). Our yearly total after all your lovely updates is £84,109.50 already, I wonder if we can get past the £100k hurdle in February. <3 
  • Lumiona
    Lumiona Posts: 259 Forumite
    Seventh Anniversary 100 Posts Name Dropper Photogenic
    Wow, that's amazing so far. Well done everyone. o:)

    MSE Lumiona MFW Challenge No #19
    Month Monthly Total YTD Goal Goal Left
    Jan-24 £3,981 £3,981 £24,000 £20,019
    Feb-24 £6,418 £10,399 £24,000 £13,601


  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    julicorn said:
    Hi all, I hope you're having a nice February! I thought I'd post a little pre-pay-day update (well, for many of us anyway!). Our yearly total after all your lovely updates is £84,109.50 already, I wonder if we can get past the £100k hurdle in February. <3 
    Wow welldone everyone! 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • M4dsen
    M4dsen Posts: 9 Forumite
    Ninth Anniversary First Post Combo Breaker
    edited 24 February 2024 at 1:16PM
    Hello, bit of a delayed update from me. Could you kindly update 79?
    • January monthly total: £500
    • February monthly total: £500
    Thank you! :)
  • Hi #30 here - update for Feb here: Feb OPs £300.  Year to date £470
    Thanks @julicorn

    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/£3,000
  • Hi Julicorn.
    #9   £851.50 overpayment for Feb 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
  • Hello. #33 £100.89 overpayment for Feb. Thank you
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