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2025 Mortgage-Free Wannabes

1353638404195

Comments

  • #41
    Savings interest earned bringing March total to £539.80
    Year to date = £1640.47/5000
  • Jemma01
    Jemma01 Posts: 517 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper

    #46 Can I please add £5000 for March?

    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%)
  • #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.
  • #35 with a little £7.13 to take the total for March up to £765.28
    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
  • soapy50
    soapy50 Posts: 35 Forumite
    Eighth Anniversary 10 Posts Mortgage-free Glee! Name Dropper
    #64 another £200 0P paid, that's £200 so far in March 😊
    MFW 2025 #64: £4350/£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 £22,606
    Mortgage December 2025 £19,887
    Mortgage January 2026 £0 - officially mortgage free!! 
  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    @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. 
    Congratulations on your big OP, and we look forward to having you on board again next year with a savings goal :) 
  • julicorn 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. 
    Congratulations on your big OP, and we look forward to having you on board again next year with a savings goal :) 
    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 overpaying  :)
    #5 Make £2026 in 2026 £105/£2026
    #63 Mortgage Free Wannabe 2026 OP £1100/£38,100
    Decluttering Campaign 0/2026
    "Remember not to do too many things at once" said me to herself.
  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    julicorn 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. 
    Congratulations on your big OP, and we look forward to having you on board again next year with a savings goal :) 
    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 overpaying  :)
    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. 
  • julicorn said:
    julicorn 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. 
    Congratulations on your big OP, and we look forward to having you on board again next year with a savings goal :) 
    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 overpaying  :)
    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. 
    Yes please that would be great 
    #5 Make £2026 in 2026 £105/£2026
    #63 Mortgage Free Wannabe 2026 OP £1100/£38,100
    Decluttering Campaign 0/2026
    "Remember not to do too many things at once" said me to herself.
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