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2025 Mortgage-Free Wannabes
Comments
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Hi @julicorn, could I join for this year with an annual target of £6,000, please? Ambitious for us but I'm determined to do it! I don't mind what number I am.
First overpayment made of £231. Thank you!Mortgage: £363,959.10 as at beginning of November 2024 (re-start of diary following house move)
Next goal: sub £360k by March 2025
Daily interest at end of November 2024: £36.250 -
We've just moved home and now have £188,714 on our new mortgage, looking to sign up to keep me motivated with overpayments. Please can I join the list with a target of £6000 for the year.Mortgage Start - £188,714 | Overpayments Made - £01
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#61 £100 overpayment made today.
Thanks, PinkChallenges
NSD August- 2/10
Pay off all your debts by Christmas 2025 #7 £6,500/£6,500 - All gone, paid off.
52 Week Envelope Saving Challenge #7 £848/£1,378 -(32/52)
The Save £12k in 2025 challenge #4 £12,317/£30,500
2025 Mortgage-Free Wannabes #61 £13,852/£38,000 (mortgage offset)
Mortgage - Jan 2025 £75,600- current bal £65,895 Target MF (Jun 26) 330 days.
Loan - Jan 2025 £4,095 - Current balance £2,309
"Look after the pennies and the pounds will look after themselves"
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Hi
renewal is ready so I have as planned paid off 8k off the balance, this has reduced off term by 3 years,
Will Now return to a much more realistic monthly overpayment but aim for the full 10 each year.
#6 Jan £8,000
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 / 8,0001 -
julicorn said:MFWannabe said:Kicking off the New year with an overpayment 😁#50 - Jan - £57MFW 2025 #50: £1139.75/£600007/03/25: Mortgage: £67,000.00
12/06/25: Mortgage: £65,000.00
18/01/25: Mortgage: £68,500.14
27/12/24: Mortgage: £69,278.38
27/12/24: Debt: £0 🥳😁
27/12/24: Savings: £12,000
07/03/25: Savings: £16,5002 -
Owen1991 said:We've just moved home and now have £188,714 on our new mortgage, looking to sign up to keep me motivated with overpayments. Please can I join the list with a target of £6000 for the year.0
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#15 checking in with my first OP of 2025, £128
Thanks Julicorn- Original mortgage end date: March 2041
- Current mortgage end date: Dec 2032
- MFW 2025 #15 £378.00/ £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
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#80
First Op of year - £1000
Getting a big one in now before the bills start rolling !June 2017 - £295k mortgage/htb
June 2020 - £270k mortgage/htb
Dec 2021 - £228k mortgage
Dec 2022 - £195k mortgage
Dec 2023 - £162.5k mortgage
Dec 2024 - £140k mortgage
Dec 2025 - Target - £130k mortgage2
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