We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
2025 Mortgage-Free Wannabes
Comments
-
#20 paid £150 in March. Could you change my target to £1800 please. Thank you
3 -
#57 £600 OP for March. Thanks!3
-
#34, with 101.17 for March, please.
Thanks, julicorn!Mortgage Dec '24 start: 227.5k. Now: 222.1k.
2025 OPs: 1500/6000.
2025 Emergency Fund: 6500/10000.3 -
#68 £289.50 for March please Julicorn
2025-26 MFW Target #68 £13,500
£378.07 left to pay from 10% overpayment allowance, (July26).
Mortgage free Aim July 2027.
July 25 £57,000, £56950
August 25 £56,400
house improvement/holiday £2500/5000
Barclaycard £5800 (0%) Deal ends April 20262 -
Hi Julicorn
#70 with an overpayment for March of £158.
Total for the year so far is £816.
Thank you.
CS xMortgage at Jan 2009 (when house was purchased): £75,000. Mortgage at Jan 2017 (when I was able to start overpaying after 7 year relationship from hell ended): £60,000. Mortgage at April 2025: £16,822
2025 MFW #70: £1,974 / £4,000.
Previous Overpayments: 2024: £2,555. 2023: £2,850. 2022: £3,100. 2021: £2,540. 2020: £3,350. 2019: £1,950. 2018: £250. 2017: £500.
Mortgage freedom can’t come soon enough!2 -
Hi fellow MFWs
#29 checking in, things are feeling a bit tighter as I need to change my car very soon and replace some of savings used towards it...March overpayment so far is £44.54.
Julicorn, please could I reduce my target to £1450 for this year, thank you
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 -
#61 £100 OP today. Total is now £7,424
Challenges
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"
2 -
#35 here we go for March, £148.02 first overpayment of the month for a £2,428.03 ytd so far. Thank you.MFWB 2025 #35: £8,255.12 / £10,000
Prolific 2025 £277.46 / £500
MFWB Diary
Mortgage 1 Jan 2025: £63,215.87
Mortgage 1 Feb 2025: £61,655.16
Mortgage 1 Mar 2025: £60,635.55
Mortgage 1 Apr 2025: £59,422.35
Mortgage 1 May 2025: £58,164.35
Mortgage 1 June 2025: £57,055.79
Mortgage 1 July 2025: £55,918.13
Mortgage 1 August 2025: £54,624.072 -
No 54 updating for February and March
February = £92.92
March = £5502 -
Hi, very new to all this, but would like to join the challenge please.Currently considering best options and way forward. Have been overpaying into an Offset mortgage for some years and will continue to do so.
Currently owe 45k and have 20k saved offsetting it. Aiming to increase the Offset pot by overpaying more than required std payment each month. Currently overpaying £266 above std payment.Considering paying lump sum off capital to reduce term and max out Offset savings upto 45k to lessen Interest paid.Anything else I need to tell you?9 is my key number, so anything related to it is good for me, if possible! Thanks 🙏2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.3K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.4K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards