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2024 Mortgage-Free Wannabes

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Comments

  • nonny02
    nonny02 Posts: 20 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Number 31 with a £250 op for May.

    Thanks for continuing to run this @julicorn
    #31 MFW 2024

    #11 MFiT-T6
  • Hettyhound
    Hettyhound Posts: 1,046 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Number 21 with a May payment of £101.  It’s half term next week and isn’t payday until 31st so that will have to be it for now 😞. Thank you ☀️
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £20MFW #21 Mortgage start Dec 2015 £79,950; June 2025 £19,394.00 2025 OP £1589/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £2050/£21,930 (9.34%)
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #46 May op of £88.00.

    Thank you 
  • jackieblack
    jackieblack Posts: 10,515 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #4 reporting my regular OP of £115 for May

    Thanks, as always, julicorn 👏🏻
    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
  • Chili81
    Chili81 Posts: 47 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    #11 checking in slightly late this month to report may OP of £112. Hopefully will make a bigger one soon. 
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Hi all! Just posted over in 2023 and wanted to ask if I can rejoin 2024?

    My old # was 55, but obviously if that's taken - give me another!

    I was made redundant during mat leave, so overpayments have really slowed down...but still managing a few pounds here and there:

    Jan: 100
    March: 124.82
    May: 49.51

    Once I find a job, I'm really hoping to pick back up where I left off and pay off the 20% allowed by my provider. Partner and I have already discussed wanting to be mortgage free - so he's looking to sell his flat when his fix ends and buy into the house which should get us veeery close.
    Hi there, apologies for the late reply - you're very welcome to join again! :) Could you let me know your overall goal for this year please? #55 is still available, you're in luck <3 
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Good morning all, I hope you're having a nice bank holiday weekend :) 
    I've just gone and updated the sheet. We did surpass the £150k hurdle before the end of April, and are currently on £178,926.85 <3 Well done everyone!
  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Morning all, 

    A little bit of moving money around means May's total OPs have hit £1894.56. Well chuffed with that, and will try and keep on top so we can pay off the 10% max asap.
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
  • #18 stopping by. Nothing major as still waiting to see what my pay is going to be since starting my new job ...additional tax and other things means ive not yet had a 'standard' month.

    Quick account round up of £8 paid.... yes every little relly does help :)

    Hoping to make a better contribution at pay day next week - need to get moving as i can remortgage off this horrendous rate (fingers crossed) in June next year, poss secure a rate in Jan. SO, i need to pay down as much as possible before then

    Thanks @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!!!
  • stuartp2000
    stuartp2000 Posts: 182 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Payment of 2,000 today brings me near in line with run rate required for full year target/

    #35
    May total £2,000
    YTD Total £3,950
    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

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