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2025 Mortgage-Free Wannabes
Comments
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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 workDebt = £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 = £111,564/£132,469 (15% paid)Goal for 2025:1) MFW £5832/£30004
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#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%)
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#40 checking in with an overpayment of £10,100 for March. Many thanks @julicornMortgage 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 - £30k/£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 - 162/500 items so far3 -
Wow what a fantastic overpayment, congrats.eat_that_frog said:#40 checking in with an overpayment of £10,100 for March. Many thanks @julicorn3 -
#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: £11,150.81 / £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: £52,539.83
Mortgage 1 November 2025: £51,483.472 -
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. 🤓2 -
Can I add another £500 to #68 please
total for March £838.90
thanksMFW 2027
£172.42 left to pay from 10% overpayment allowance, (July26).
End fix on 2.79% July 27
Mortgage free Aim July 2027.
July 25 £57,000, £56950
August 25 £56,400
September £55,850/£55,800
October £55,195
November £54,600
Barclaycard £5300(0%) Deal ends April 2026.
2nd 0%CC £300 deal ends after paid off)2 -
Afternoon everyone, l hope your enjoying the sunshine
#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 £27,200
MFW 2025 #31 £35,800 / £28,000 OP
MFIT - T7 £35,800 OP
0%CC May 2027- £2,550
0% Loan £694.68
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 / Aug £294.38+83.83 entertaining /Sept £328.93 / Oct £381.10
The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum3 -
#34 with another 46.11, for a total of 147.28 for March.
Thanks julicorn!2025 MFW OPs: 4317/6000.3 -
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 15.200Challenges
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 / 8,0003
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