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2025 Mortgage-Free Wannabes

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Comments

  • AuntieL
    AuntieL Posts: 502 Forumite
    500 Posts Second Anniversary Name Dropper Photogenic
    #45

    February OP of £101

    Many thanks @julicorn
    Debt-free journey started August 2023. DF 02/09/2024 🥳 (except mortgage)
    April 2026 NSD Challenge 0/15

    MFW 2025 #45
    Jan 2016 Mortgage = £150,894 (23years 0months)
    Current outstanding = £90,256.60 (10years 1month)
    2024 Overpayment = £675.66
    2025 Overpayment = £710/£700
    2026 Overpayment = £357.72/£1000
  • strandedinaber
    strandedinaber Posts: 240 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Hi - is it too late to join this please? If not, please could I set myself a target of £8,000 for this year?
    Novuna personal finance 0% 4-year £518/£1866
    Credit card debt free! Now on the journey to mortgage free.
  • julicorn
    julicorn Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    strandedinaber said:
    Hi - is it too late to join this please? If not, please could I set myself a target of £8,000 for this year?
    Not too late, you can join any time of the year. I've given you number 71 :) 
  • twinklie
    twinklie Posts: 5,277 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    No. 2 with my Feb payment of £101. 
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.84 December 25
    % of house owned/% of mortgage paid off. December 25 - 40.34%/33.36%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • V3cash
    V3cash Posts: 445 Forumite
    Ninth Anniversary 100 Posts Name Dropper Photogenic
    edited 3 February 2025 at 11:02AM
    #68
    1st overpayment of Feb £256.93

    MFW December 2026

    Initial mtg £100,000 Jan 
    overpayment allowance, (May 13th 2026).
    End fix rate of 2.79% July 27.

    January 2026 £53,450
    February £52,880
    March. £52,320, £52,300
    April £51,750 £51,740
    May £51,196
    June
    July
    August
    Sep
    Oct
    Nov
    December





  • V3cash
    V3cash Posts: 445 Forumite
    Ninth Anniversary 100 Posts Name Dropper Photogenic
    twinklie said:
    No. 2 with my Feb payment of £101. 
    Can I ask if you have a specific calculator to work out your mortgage end date ?

    MFW December 2026

    Initial mtg £100,000 Jan 
    overpayment allowance, (May 13th 2026).
    End fix rate of 2.79% July 27.

    January 2026 £53,450
    February £52,880
    March. £52,320, £52,300
    April £51,750 £51,740
    May £51,196
    June
    July
    August
    Sep
    Oct
    Nov
    December





  • Pinkpieuni
    Pinkpieuni Posts: 256 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    #61 reporting £142.37 towards February OP

    Challenges

    NSD - April - 12/10

    1. 2026 Mortgage-Free Wannabes #61 £18,733.06/£29,000, MF target June 2026, current mortgage balance - £9,969.36

    mortgage @ Jan 2025 - £75,600

    2. Loan  - Jan 2026 £1,029.22 - bal £0- fully paid 

    3.52 Week Envelope Saving Challenge #2  £106/£1,378 -( 1/52)

    4. EF - £842

  • Mortgagefreetobe
    Mortgagefreetobe Posts: 14 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    Hi @julicorn

    Sorry to be a pain but I can’t access my old frugalwannabe account so am going to have to change over to this one please which is mortgagefreetobe. My allocated number is 24. 

    Also recording a Feb overpayment so far of £250 for #24. 

    Thank you 😊 
    Mortgage Jan 2025 £67,253 fixed rate 1.44 until March 2026. 
    MFW #24 £350/£5000
    March Grocery Challenge £210/£750
    EF £1000/£5000
  • here_for_the_tips
    here_for_the_tips Posts: 153 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    #35 with £102.40 to start the month off, little broadband saving refund plus bank account used for bills excess balance paid in. Its been adding up over the months a little each month, better use it for this rather then it just sitting there.
    MFWB 2025 #35: £11,150.81 / £10,000
    MFWB 2026 #35 £2,984.79 / £10,000
    Prolific 2025 £294.34 / £500
    MFWB Diary
    Mortgage 1 Jan 2025: £63,215.87
    Mortgage 1 Jan 2026: £50,602.60
    Mortgage 1 Feb 2026: £49,446.55
    Mortgage 1 Mar 2026: £48,602.73
    Mortgage 1 Apr 2026: £47,817.68
  • turtlemoose
    turtlemoose Posts: 1,704 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #20 with a Feb OP of £150 :smile:
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