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2024 Mortgage-Free Wannabes

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  • kl_jones2021
    kl_jones2021 Posts: 48 Forumite
    Fourth Anniversary 10 Posts Photogenic Name Dropper
    Hello #33

    i didn’t make my planned target of £1400 but I did over pay £732.98.

    In July, I had a massive reset on my finances. You can read all about it here https://forums.moneysavingexpert.com/discussion/6539131/fun-vs-focus#latest

    I won’t be participating next year as I finalise my current plans but I hope to return in 2026.

    Good luck everyone! 
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 here with my final overpayment of 2024 - £1017.72.

    This takes my total OP for the year to £15,792.12. 

    Thanks for running the challenge and well done everyone for the overpayments you've made.
    MFW 2022 #88: £6620/£6000
    MFW 2023 #38: £13242.13/£6000
    MFW 2024 #38: £15792.12./£9000
    MFW 2025 #38: £12183.50/£7500

    Thank you to all competition posters
  • Tartan_Mum
    Tartan_Mum Posts: 227 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #26 here. This year hasn’t gone to plan at all. 

    I managed to make a couple of tiny payments to end the year but need to think how I can approach 2025. 

    October - £23.02
    December - £36.81


    Small OPs are better than no OPs
    Start date - Feb 2018 £231,000 / Apr 2042
    July 2025 £116,950 / Dec 2025
    MFW #60…. Back in for 2025!
  • becky170
    becky170 Posts: 879 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    I'm so sorry I fell off the mortgage free wannbe bandwagon in January and haven't updated since then! I have been making small overpayments so for #66 here are my overpayments:
    Jan £105
    Apr £144
    Jun £182
    Jul £161
    Aug £154
    Sep £75
    Oct £170
    Nov £92.5
    Dec £91

    That should total overpayments of £1174.50 this year so not on target but still a good effort  :)
    Mortgage-free wannabe 2025 £571/3000
  • Lauraebrad
    Lauraebrad Posts: 185 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi @julicorn - #30 final update for the year - thanks for coordinating!
    Dec - £430
    YTD £2950

    Thanks

    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
  • SeekingFlight
    SeekingFlight Posts: 193 Forumite
    Ninth Anniversary 100 Posts Name Dropper
    #25 in with my final OP £500 for December 2024
    #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
  • jennystarpepper
    jennystarpepper Posts: 798 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #16 - £354.64 for December please.

    Many thanks and Happy New year julicorn
    MFW - 01.10.21 £63761   01.10.22 £50962   01.10.23 £39979   01.10.24 £27815. 01.01.25. £17538
    01.03.25 £14794.    01.04.25 £12888
    01.05.25. £11805. 12.05.25  £9997   05.06.25  £8898. 
     01.07.25. £7975  01.08.25 £6968

  • Nintud
    Nintud Posts: 554 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    #43 Last payment of 2024 of £84.02
    MBNA 237.47/13997.47
    Santander 300/10550
    Nationwide 60/460
    Very 943/943 paid off 01/02/25
    Santander OD 0/2900
    Nationwide OD 100/200
    Mortgage 18430/125194
    EF 300/1000
    Declutterred via Vinted 53/2025
    NSD Feb 2/7
    SPC2025 #11
    52 wk envelope challenge #6 28/virtual
    Debt repaid 2025 2437.60/38650.60
    MFW 2025 1036/107800
    Make £2025 in 2025 458/2025
    Friday Fiver 35/260 virtual pot.

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • NotWhereIWantToBe
    NotWhereIWantToBe Posts: 108 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    #83 with the last OP for this year of £536.
    Thanks @julicorn and see you all on the next one.
    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%
  • FlacosFloozie
    FlacosFloozie Posts: 830 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    #65 with final update for December of £196.84
    Thanks Julicorn for running this challenge.
    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
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