We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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
-
#41
Savings interest earned bringing March total to £539.80
Year to date = £1640.47/50003 -
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 = 92.2k (interest rate dropped from 4.44% to 4.19%)
- Q4/2025 = 80.7k (interest rate 4.19%)
2 -
#5 Sent £90 to savings today for future OP, total for year stands at £836.10/£3000, will make another payment later in the month.
Keep up the good work everyone and thanks Julicorn.3 -
#35 with a little £7.13 to take the total for March up to £765.28MFWB 2025 #35: £10,525.81 / £10,000
Prolific 2025 £294.34 / £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: £54,624.07
Mortgage 1 September 2025: £53,722.34
Mortgage 1 October 2025: £52,539.833 -
#64 another £200 0P paid, that's £200 so far in March 😊MFW 2025 #64: £3350/£5000
Mortgage January 2025 £31,598
Mortgage February 2025 £30,519
Mortgage March 2025 £29,427
Mortgage April 2025 £28,731
Mortgage May 2025 £27,351
Mortgage June 2025 £26393
Mortgage July 2025 £25,395
Mortgage August 2025 £24,215
Mortgage September 2025 £22,6061 -
Congratulations on your big OP, and we look forward to having you on board again next year with a savings goalSeekingFlight said:@julicorn
Due to unexpected circumstances I have 2 OP's to report
£45,790.99 in February
£35,527.76 in March
That's me out for the year, I can't make any further OP's without incurring a penalty. I'll be doing a savings challenge for next year's OP instead.
3 -
A little update: We've surpassed £200k now, with the current total at £213,749.51
Not too far off quarter of a million, well done everyone! 7 -
I didn't explain that well @Julicorn, I'll be saving the £500 a month i was going to pay this year for next year. My overpayment allowance resets on February 23rd 2026. So I'll be following along this year, just with saving not overpayingjulicorn said:
Congratulations on your big OP, and we look forward to having you on board again next year with a savings goalSeekingFlight said:@julicorn
Due to unexpected circumstances I have 2 OP's to report
£45,790.99 in February
£35,527.76 in March
That's me out for the year, I can't make any further OP's without incurring a penalty. I'll be doing a savings challenge for next year's OP instead.
#19 Make £2025 in 2025 £8.32/£2025"Remember not to do too many things at once" said me to herself.Mortgage Free Wannabe #25 2025 OP £500/£60001 -
If you want, I can always add a second line for you in the spreadsheet with your savings goal, e.g. £4,500 or £5,000 for the rest of the year? I've done that for people before.SeekingFlight said:
I didn't explain that well @Julicorn, I'll be saving the £500 a month i was going to pay this year for next year. My overpayment allowance resets on February 23rd 2026. So I'll be following along this year, just with saving not overpayingjulicorn said:
Congratulations on your big OP, and we look forward to having you on board again next year with a savings goalSeekingFlight said:@julicorn
Due to unexpected circumstances I have 2 OP's to report
£45,790.99 in February
£35,527.76 in March
That's me out for the year, I can't make any further OP's without incurring a penalty. I'll be doing a savings challenge for next year's OP instead.
1 -
Yes please that would be greatjulicorn said:
If you want, I can always add a second line for you in the spreadsheet with your savings goal, e.g. £4,500 or £5,000 for the rest of the year? I've done that for people before.SeekingFlight said:
I didn't explain that well @Julicorn, I'll be saving the £500 a month i was going to pay this year for next year. My overpayment allowance resets on February 23rd 2026. So I'll be following along this year, just with saving not overpayingjulicorn said:
Congratulations on your big OP, and we look forward to having you on board again next year with a savings goalSeekingFlight said:@julicorn
Due to unexpected circumstances I have 2 OP's to report
£45,790.99 in February
£35,527.76 in March
That's me out for the year, I can't make any further OP's without incurring a penalty. I'll be doing a savings challenge for next year's OP instead.
#19 Make £2025 in 2025 £8.32/£2025"Remember not to do too many things at once" said me to herself.Mortgage Free Wannabe #25 2025 OP £500/£60001
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards

