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2025 Mortgage-Free Wannabes

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Comments

  • seventh88
    seventh88 Posts: 129 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Well done everyone, it's just amazing how much we're collectively achieving. We're a quarter of the way into the year and still going strong!! Keep up the great work
     Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | Mortgage  = £112,153/£132,469 (15% paid)

    Goal for 2025:
    1) MFW £3905/£3000



  • A_Random_Man
    A_Random_Man Posts: 1,167 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #49 £30 op taking my yearly total to £1217.29

    Mortgage Amount Outstanding £116,682.20
    2025 Mortgage-Free Wannabes #49 £1401.29/£1,250 (104.74%/100.00%)
  • eat_that_frog
    eat_that_frog Posts: 266 Forumite
    Fifth Anniversary 100 Posts Mortgage-free Glee! Name Dropper
    #40 checking in with an overpayment of £10,100 for March. Many thanks @julicorn
    Mortgage free as of March '25!
    £240,000 paid off in 4 years, 8 months and 18 days (July '20-Mar '25)
    Mortgage paid off 19 years early.

    2025 MFW #40

    2025 Goals

    Pay off mortgage of £55k for good! - £55k/£55k paid - mortgage free!!!
    Keep emergency fund at £10k - £10k/£10k - goal met!
    Lose 12 kgs - 3/12 kgs lost so far
    Try 1 new activity/experience as a family each month - 0/12 new activities/experiences tried
    Decluttering - declutter 500 items from house and outbuildings - 136/500 items so far
  • SuperSavingD
    SuperSavingD Posts: 569 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #40 checking in with an overpayment of £10,100 for March. Many thanks @julicorn
    Wow what a fantastic overpayment, congrats.
  • #35 with another Prolific cash out of £7.50 for a revised March total of £787.08 please. When I reported the last £7.34 OP I forgot to update the total in my post. 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: £54,624.07
  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Hello all. Number 10 posting overpayments of £110 for February and £110 for March. 
    Thank you again @julicorn for keeping us updated. 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • V3cash
    V3cash Posts: 299 Forumite
    Eighth Anniversary 100 Posts Name Dropper Photogenic
    Can I add another £500 to #68 please
    total for March £838.90
    thanks


    Barclaycard £5800 (0%) ends April 26.
    2025-26 MFW Target #68 £13,500
    £378.07 left OP 10% allowance left
    Mortgage  free Aim July 2027.
    July 25 £57,000, £56950
    August 25 £56,400

    house improvement/emergency budget/holiday fund needs topping up.

  • carboot_karaoke
    carboot_karaoke Posts: 313 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper

    Afternoon everyone, l hope your enjoying the sunshine  B)

    #31 Posting a £3,100 overpayment for March

    Year to date is £9,300

    Many thanks @julicorn

    MFW
    Opening Mortgage Balance 
    16/06/2024 - £99569.04 term remaining 80 months (Feb 2031) 

    Current Balance £36,600

    MFW 2025 #31 £26,400 / £28,000 OP

    MFIT - T7 £26,400 OP

    0%CC May 2027-  £2,400

    Grocery Challenge 
    Jan £387.89 / Feb £ 355.67 / Mar £418.63 / Apr £478.37 / May £426.52 / June £376.18 / July £462.54+£103.32 entertaining / 

    The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum


  • longestgame
    longestgame Posts: 15 Forumite
    10 Posts
    #34 with another 46.11, for a total of 147.28 for March. 

    Thanks julicorn! 
    Mortgage Dec '24 start: 227.5k. Now: 222.1k.
    2025 OPs: 1500/6000. 
    2025 Emergency Fund: 6500/10000.
  • stuartp2000
    stuartp2000 Posts: 182 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    No payment in Feb but back in Mar and a big change, a few small payments and a withdrawal from Sprive have been taken off the mortgage but with the recession talk and global markets being a bit weaker I have taken some money from a S&S ISA and focussed that on the mortgage.

    #6
    Mar 6,579.54
    Ytd 14,579.54

    That beats my 14k target but allowance on mortgage does allow me put a bit more in so I will target the max of 15.200 
    Challenges
    MFW 2025 #6 - 14871.56/14,000

    Completed Challenges
    MFW 2024 #35 - 9,000/9,000
    Pay off all debts by 2023 - #18 8,000 / 8,000

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