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2024 Mortgage-Free Wannabes

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  • FlacosFloozie
    FlacosFloozie Posts: 830 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    #65 here. I'm very overdue posting. Didn't manage much earlier in the year as saving for family holiday. The large overpayment in September is sadly due to an inheritance.
    Feb £0
    March £150
    April- Aug £0
    September £21,921.41
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    FlacosFloozie said:
    #65 here. I'm very overdue posting. Didn't manage much earlier in the year as saving for family holiday. The large overpayment in September is sadly due to an inheritance.
    Feb £0
    March £150
    April- Aug £0
    September £21,921.41
    Sorry for your loss, and thank you for stopping by and updating us x
  • julicorn
    julicorn Posts: 2,591 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    We are on just over £320k now collectively!
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 15 October 2024 at 1:35PM
    Oh hello all. MFW #10 here. I have been a bit negligent with my updates for past few months. In the background the drip overpayments have been carrying on. Update for October is £420. 
    thanks again @julicorn for keeping us updated. 
    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. 🤓
  • hellosupernova
    hellosupernova Posts: 90 Forumite
    Second Anniversary 10 Posts
    edited 16 October 2024 at 9:07AM
    #9 total overpayments for September £550
    thanks again Julicorn
    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
  • 999poundproject
    999poundproject Posts: 17 Forumite
    10 Posts First Anniversary
    #55 with an October overpayment of 835.4

    i‘ve also set up a regular overpayment to go out now that ive got a job - 363.12 every month! Ill update the thread anyways as im hoping to make additional cheeky overpayments! 

    Ta! For keeping this thread going Julicorn!
  • Hettyhound
    Hettyhound Posts: 1,046 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    #21 with an October overpayment of £275.  Thank you as always, Hettyhound
    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%)
  • Bounty123
    Bounty123 Posts: 98 Forumite
    Sixth Anniversary 10 Posts Photogenic Name Dropper
    Morning,
    No:23 with a late September update.
    £3000 this time. 

    Year to date to total: £9581

    Thank you @julicorn

    Bounty
    2025 MFW No:23
    MFiT-T7 12
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 338 Forumite
    Part of the Furniture 100 Posts Name Dropper
    #18 with another £501 OP for October. 

    Total for the year is £6041.81

    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!!!
  • SeekingFlight
    SeekingFlight Posts: 193 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    Morning @julicorn

    #25 confirming a £500 OP for October

    :) 
    #19 Make £2025 in 2025 £8.32/£2025"Remember not to do too many things at once" said me to herself.Mortgage Free Wannabe #25 2025 OP £500/£6000
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