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2025 Mortgage-Free Wannabes
Comments
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Happy new year everyone! #29 checking in with a January overpayment of £170.27, feeling like my goal was a little ambitious but let's see... 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 swimming2 -
Hi @julicorn
i would like to overpay by £14755 this year please 😊 so please log that as my total overpayment and I’ll chip away at it. Do I let you know each time I make an overpayment?
thank you for organising this, what a 🌟 you are 😊£150700 at 1jan 25.MFW #42
TARGET OF £14755 OP in 2025
09/01 £100/£147551 -
Hello, can you add me please? I want to target 50k this year.Note:I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.Mortgage debt start date = 25/10/2024 = 175k (5.44% interest rate, 20 year term)Q4/2024 = 139.3k (5.19% interest rate)Q1/2025 = 125.3k (interest rate dropped from 5.19% - 4.69%)Q2/2025 = 108.9K (interest rate 4.44%)Q3/2025 = 98.5k (interest rate dropped from 4.44% to 4.19%)1
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Cartmay said:Hi @julicorn
i would like to overpay by £14755 this year please 😊 so please log that as my total overpayment and I’ll chip away at it. Do I let you know each time I make an overpayment?
thank you for organising this, what a 🌟 you are 😊Thanks for joining, you've got #42.
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Our target for the year is over half a million already btw! Thanks everyone for signing up, whether for the first time or for the tenth time9
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Hiya can I join please? Looking to clear my mortgage this year, current outstanding is 96.5k1
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MudgePudge987654321 said:Hiya can I join please? Looking to clear my mortgage this year, current outstanding is 96.5k
If you just want me to put the full amount then that's fine too, just asking because most participants track their overpayments specifically to make sure they're on track.
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