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2025 Mortgage-Free Wannabes

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Comments

  • Sandyra
    Sandyra Posts: 311 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32 back, adding another £300 to Feb OP to make it £815.63 please. Due to remortgage in May so I’ll probably do most of my OP before that to reduce monthly payment.

    MFW 2026 #32 £XXXX/£6,000; MFW 2025 #32 £9,594.51/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2026 #32 £XXXX/£18,000; Save £12k in 2025 #48 £20,000/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000

  • #51 with February OP of £226.53, thank you!

    Mortgage: £173,700 Sep 22  £158,000 Jan 26

    MF Date: Sep 52 Mar 52

    CC Debt: £15,250 Nov 25 £11,600 Jan 26


    2026 Challenges:

    MFiT-T7 #5

    DFbyXMAS #7

    Sealed Pot Challenge #022

    January 2026 Grocery Challenge: £51.06/£200

  • #41
    Savings interest received, bringing February’s total to £542.44

    Year to date: £1100.67/5000
  • #49 £15 op taking my yearly total to £112.43

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
  • @julicorn please put in £100 as a first payment for Feb #62 
  • #35 with a £419.61 overpayment
    MFWB 2025 #35: £11,150.81 / £10,000
    MFWB 2026 #35 £0 / £10,000
    Prolific 2025 £294.34 / £500
    MFWB Diary
    Mortgage 1 Jan 2025: £63,215.87
    Mortgage 1 Jan 2026: £50,602.60
  • Jemma01
    Jemma01 Posts: 517 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    Hi Julicorn

    #46 please add £6160 for Feb.

    Thanks
    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date = 11/2024 = 175k (5.19% interest rate, 20 year term)
    • Q4/2024 = 139.3k (5.19% -> 4.94%)
    • Q1/2025 = 125.3k (4.94% -> 4.69%)
    • Q2/2025 = 108.9K(4.69% -> 4.44%)
    • Q3/2025 = 92.2k   (4.44% -> 4.19%)
    • Q4/2025 = 44k      (4.19% -> 3.94%)
    • Q1/2026 = 41k      (3.94%)
  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #35 with a £419.61 overpayment
    Hi there, could you please include your monthly total as well in your updates? It makes it lots easier for me to update - in this instance, for example, I can't quite tell if 419.61 is your new total for the month of in addition to the ones before, but I've assumed 'in addition' for now. Either way, including the total for the month makes my updates a lot easier :)
  • Hi @julicorn. #62 here - please could you add another February payment of £1015.29? This will bring the monthly total to £1115.29. Thank you! 
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