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2024 Mortgage-Free Wannabes
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Hello, number 105 here, please can you put me in for a May overpayment please, for £174.94. This will take me to a year to date of £925.03.
Also realised when updating the numbers, this means I am down to my last £20K left on the mortgage! So fingers crossed it will be able to be paid off by the end of 2026, which thanks to the overpaying will have shaved around 8 years off the mortgage. As i am already paying off the 10% over the year i am allowed to pay off, have been squirrelling away some extra money in premium bonds with the intention of cashing them in to pay mortgage off when there is enough in there.
well done everyone on the over payments and thanks again for running the challenge JulicornMFW#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..1 -
#45 for May.Overpayment for this month was £4023.92.DH salary has increased so can pay more off a month and mortgage company have reduced minimum payments due to overpayments so that £23.92 each month will increase too as I'm not decreasing my usual monthly payment
And another £10k barrier gone through so the mortgage now starts with a 5!
As usual, thanks Julicorn.CC Debt at LBM Nov 08 - £25000+ DFD Dec 2012Second DFD May 2021Starting my MFW journey: Opening Balance: £138,000; July 2019: £135107.33; July 2024 £52974.60; July 2025 £11140.232025 MFW #361 -
Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
- MFW 2022 #35 10,000
- MFW 2023 #3 10358.97
- MFW 2024 #3 10000
- MFW 2025 #3 6945.69/10000
- MFW 2024 #3 10000
- MFW 2023 #3 10358.97
1 - MFW 2022 #35 10,000
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#57 here with OP of £411.37 for June.
Thanks Julicorn!1 -
Happy June fellow MFWs!
#29 with £90.85 overpayment for June, hoping to overpayment a bit more in July when my regular saver account matures and interest comes through. Thank you Julicorn!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 swimming1 -
Hi,#49 with a better late than never overpayment update as follows:
April: £150
May: £150
June: £150
Thanks Julicorn
CS xMortgage at Jan 2009 (when house was purchased): £75,000. Mortgage at Jan 2017 (when I was able to start overpaying after 7 year relationship from hell ended): £60,000. Mortgage at April 2025: £16,822
2025 MFW #70: £1,974 / £4,000.
Previous Overpayments: 2024: £2,555. 2023: £2,850. 2022: £3,100. 2021: £2,540. 2020: £3,350. 2019: £1,950. 2018: £250. 2017: £500.
Mortgage freedom can’t come soon enough!1 -
#27 £500 for June please Julicorn xMFW 2021 #76 £5,145
MFW 2022 #27 £5,300
MFW 2023 #27 £2,000
MFW 2024 #27 £6,055
MFW 2025 #27 £2,350 /£5,0001 -
Hi,
No.12 with an overpayment amount of £388.11 for May.
Thanks 🙂Mortgage Balance as of July 2025 £14,900.
Starting Mortgage Balance (June 2019) £72,000.
Aiming to be mortgage free by my 40th birthday, June 2026!1 -
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/£3,0001
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