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2024 Mortgage-Free Wannabes

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  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    AnotherNewDay said:
    Hi @julicorn - could I join please? Target of £10,000. Thanks :)
    A warm welcome to the challenge :) You've got #34. 
  • NotWhereIWantToBe
    NotWhereIWantToBe Posts: 108 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    Thanks @julicorn can I keep #83 please and have a target of £2400. Hoping to smash this but need to be realistic !
    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%
  • anna42hmr
    anna42hmr Posts: 2,890 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 12 December 2023 at 12:27PM
    hello please can i join again for next year and keep my existing number please (105) target for this year will be £1800 please as not sure i will be able to pay as much as have been for next year.   

    thanks again for running this challenge, it is much appreciated
    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..
  • try_harder
    try_harder Posts: 1,532 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Could i join in again please with a target of £26000..Thank you very much
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    julicorn said:
    Sistergold said:
    Thank you again @julicorn for organising this for us. I will be very happy to be moved to a smaller number if possible but if not then my current number is gone. 
    My target for this challenge is £600 which I will review upwards in the year. 
    You just went straight in there and bagged yourself #10 :) Thanks so much for joining again. 
    Wonderful, #10 sounds just right! 🥰
    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. 🤓
  • x_raphael_xx
    x_raphael_xx Posts: 4,411 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I'm in again please!
    I had a lofty goal of £10,000 last year, but was short of the mark with just £3150. £3150 is better than £0 I guess!
    Going to aim for £10,000 again & see how I go.
    Happy to stick with #100 please!

    Debt Free as of 17/01/2009 Turtle Power!!

    EF Challenger #3 £1543.72 / £5000
    MFW 2024 #100 £1300.00 / £10,000

    MFiT #40 Jan 2025 Target - £99,999.00
    Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
    Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
    Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
    Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.98
  • jackieblack
    jackieblack Posts: 10,501 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi julicorn
    I’m in for 2024 and would love to keep #4 please 
    I’ll go with a target of £1200 for now, but may update this in the new year when a few things are more certain.

    Many thanks for running this again 👏🏻👏🏻
    2.22kWp Solar PV system installed Oct 2010, Fronius IG20 Inverter, south facing (-5 deg), 30 degree pitch, no shading
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    MFW #4 OPs: 2018 £866.89, 2019 £1322.33, 2020 £1337.07
    2021 £1250.00, 2022 £1500.00, 2023 £1500, 2024 £1350
    2025 target = £1200, YTD £9190
    Quidquid Latine dictum sit altum videtur
  • t4mof
    t4mof Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 29 December 2023 at 6:22PM
    I'm a newbie to this challenge and would like to join in please.

    £50,000 please (not a typo!) We have an endowment for our first house maturing on 01/01/24 which is on track to pay out £32k - £33k with my husband's wage paying the rest. By the 1st Jan we should be down to 5 figures so halving it in 2024 will be amazing.

    Thank you for doing this.
    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
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Hi Julicorn can I please join the challenge?  My aim is £1200.
     
    Thank you

  • ajmoney
    ajmoney Posts: 6,466 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi, thanks for running this again julicorn. If possible could I keep number 7, it took me long enough to remember the change this year!!! I am going for £1200 as I may have some large house repair costs next year :'(
    MFW 2025 No. 7 £1130/£1200
    MFiT-T7 No. 6 £2873.51/£30,000
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