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2025 Mortgage-Free Wannabes

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  • Sistergold
    Sistergold Posts: 2,135 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 21 December 2024 at 3:11AM
    Hello all, yes I would love to participate in 2025 MFW. Please may I keep the same number #10. Looks like you missed on the new chart? My target for 2025 will be £1000. 🌺
    Thanks again @julicorn
    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. 🤓
  • Nintud
    Nintud Posts: 554 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    I’d like to keep #43 please, with a £1000 target. I’m focusing on debt but see mortgage OPs as my ‘treat’ for bringing the debt down. It feels like I’m paying myself by inching retirement forward with each month paid off the mortgage. £1000 should bring my work free days forward by 3 months.
    Good luck everyone!
    MBNA 237.47/13997.47
    Santander 300/10550
    Nationwide 60/460
    Very 943/943 paid off 01/02/25
    Santander OD 0/2900
    Nationwide OD 100/200
    Mortgage 18430/125194
    EF 300/1000
    Declutterred via Vinted 53/2025
    NSD Feb 2/7
    SPC2025 #11
    52 wk envelope challenge #6 28/virtual
    Debt repaid 2025 2437.60/38650.60
    MFW 2025 1036/107800
    Make £2025 in 2025 458/2025
    Friday Fiver 35/260 virtual pot.

    - - - -
    What matters is how we live and love and how we spend our dash. (L Ellis)
  • eat_that_frog
    eat_that_frog Posts: 266 Forumite
    Fifth Anniversary 100 Posts Mortgage-free Glee! Name Dropper
    Hi @julicorn thanks for running this again in 2025. Please can you put me down for an OP target of £18,000.

    With regards my number, I'm happy keeping my number from last year (#40) or getting a new number to fill in a gap on the spreadsheet. Thank you :)
    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
  • powerspowers
    powerspowers Posts: 1,337 Forumite
    1,000 Posts Fourth Anniversary Name Dropper
    Well done wannabes on our 2024 progress 🤩 and thank you Julicorn for keeping us on track! I find both this challenge and the MFin3 challenge really motivating. 
    Can I keep #27 and set a goal of £5000 please? We usually pay £250 into a fixed term saver (already set up for 2025) then add anything additional and a lump sum at the end of the year. 
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £2,350 /£5,000


  • Squirrelz92
    Squirrelz92 Posts: 770 Forumite
    Sixth Anniversary 500 Posts Debt-free and Proud! Photogenic
    edited 23 December 2024 at 9:51AM
    Hi!! Thank you for running this again! Please can I join and have a target overpayment amount of £4,000? Happy to take a new number x
    Debt Remaining: £8,781.53
    3 Month EF: £1,000/£4,494
    2025 MFW Challenge #9: £999.00/£4,000
  • azza2007
    azza2007 Posts: 25 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Good Afternoon, Please can I join and have a target of £7,000 overpayment for net year. I am happy to take any number.
    MFW 2025 #44 £0/£7000
  • x_raphael_xx
    x_raphael_xx Posts: 4,410 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Heyo. I'd like to join for the 2025 thread, but I want to focus on paying back the bf (which should take all year). So I will circle back to the mortage in 2026.
    Good luck all!
    Debt Free as of 17/01/2009 Turtle Power!!

    EF Challenger #3 £1543.72 / £5000
    MFW 2024 #100 £1300.00 / £10,000

    MFiT #40 Jan 2025 Target - £99,999.00
    Mortgage at 30/09/22 £113,694.11 | Mortgage at 24/01/23 £110,707.87
    Mortgage at 21/04/23 £107,701.01 | Mortgage at 20/07/23 £106,979.65
    Mortgage at 04/10/23 £106,253.77 | Mortgage at 10/01/24 £105,324.57
    Mortgage at 01/04/24 £104,424.73 | Mortgage at 01/10/24 £103,594.98
  • AuntieL
    AuntieL Posts: 369 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    edited 29 December 2024 at 2:32PM
    Hi @Juliecorn,

    I’m new to this challenge 😁 My aim is to overpay my mortgage by £100/ month so £1200 in 2025. I will be renewing my mortgage deal at the end of May so this target may change. 

    Many thanks for running the challenge,

    Auntie L
    Debt-free journey started August 2023. DF 02/09/2024 🥳 (except mortgage)
    June 2025 NSD Challenge 1/18

    MFW 2025 #45
    Jan 2016 Mortgage = £149,895
    Current outstanding = £97,725
    2024 Overpayment = £675.66
    2025 Overpayment = £529/£700
  • Chili81
    Chili81 Posts: 46 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Hi Julicorn and all,
    I'm also in again for another year.  Target of £3600 and would like to keen my number #11.

    Thanks as always,
     Chili
  • twinklie
    twinklie Posts: 5,172 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I want to join again and am happy to keep my number - I just haven’t done my end of year figures yet. So don’t have a target. If I absolutely need one now - just say £1K just for ease. 
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
    % of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
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