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2024 Mortgage-Free Wannabes

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  • t4mof
    t4mof Posts: 266 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    #45 £2000 to finish 2024 with. Onto 2025 and trying to get mortgage free!
    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
    2025 MFW #36
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Happy New Year everyone, and thank you for all your updates! At the moment we're at £399,348.13, let's see if a couple more OPs roll in to get us past £400k for the year <3
  • Moneyminded
    Moneyminded Posts: 287 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    @julicorn, #15 here. I gave an update in October with an OP of £516.25 which seems to not have been recorded on the spreadsheet. It doesn't take us over £400k but a little closer if someone else has a last minute update. 

    Thanks
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £128.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.48
  • hellosupernova
    hellosupernova Posts: 90 Forumite
    Second Anniversary 10 Posts
    edited 2 January at 12:01PM
    Happy new year everyone.

    #9 remainder overpayments for 2024
    November £258.00
    December £311.00

    Can I please keep this number and I would like to set a new yearly goal of £3,000 (£250 overpayment per month)

    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
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    hellosupernova said:
    Happy new year everyone.

    #9 remainder overpayments for 2024
    November £258.00
    December £311.00

    Can I please keep this number and I would like to set a new yearly goal of £3,000 (£250 overpayment per month)

    Thanks again Julicorn
    We've just passed £400k with that update, thank you!

    #9 has been snapped up for 2025 already, but I've given you number 19 now. Please make sure you generally post anything to do with the 2025 challenge in the 2025 MFW thread, it makes it much easier to keep on top of things and not get mixed up :)
  • anna42hmr
    anna42hmr Posts: 2,887 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    that is great news about reaching the £400K mark well done everyone!!
    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..
  • becky170
    becky170 Posts: 879 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Wow £400k between us is amazing work! Well done everyone  :)
    Mortgage-free wannabe 2025 £571/3000
  • uzubairu
    uzubairu Posts: 1,207 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    Hi julicorn
    Final update for 2024

    October = £300
    November = £350
    December = £300

    Target for 2025 = £3,500
    If the same number (37) is available, I'll take it, but I don't mind what number that I get.
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    uzubairu said:
    Hi julicorn
    Final update for 2024

    October = £300
    November = £350
    December = £300

    Target for 2025 = £3,500
    If the same number (37) is available, I'll take it, but I don't mind what number that I get.
    Cheers. Your number has been taken, but I've given you #54 for 2025. Make sure you post updates in the 2025 thread :) 
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