Debt-free journey started August 2023. DF 02/09/2024 🥳 (except mortgage)
April 2026 NSD Challenge 0/15
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2025 Mortgage-Free Wannabes
Comments
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Under 10K !! that's fantastic👏👏👏, keep going your on the home straightjennystarpepper said:16 - New total for May £2069.72, thanks Julicorn.
Shrinking balance is making me penny pinch even more, M&S website being down is helping!Current Balance £13,450
MFW 2026 #31 £9,550 / £17,000 OP
MFIT - T7
Emergency Fund £4,400 / £5,000
0%CC May 2027- £5,000
0% Loan £600.00 - paid ✅️
Money made £130 / £365
Declutter 33 /52
Grocery Challenge 2025 £4885.78
Grocery Challenge 2026 Jan £328.20, Feb £297.01 Mar £352.91
The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum1 -
Hi,
No. 12 with an OP of £1541.14 for May.
Thanks 🙂I've been mortgage free once, so let's do it again!
Starting balance March 26 £191,274.531 -
#18 reporting Maya's OP of £2050, making a total of £4276 for the year.
Thanks for keeping us all on track @julicorn !
MM
XXMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!1 -
#64 here after many weeks of life getting in the way! I paid one more payment in March of £100 so total for March was £300. No OP in April
but £700 OP in May
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!!1 -
Sorry Julicorn I don’t know what I’m talking about! £400 in June (£250 regular OP +£150) takes me to £1700 so farpowerspowers said:#27 with £200 for June please Julicorn
i think I’m on £1500 - I get a wee bit confused cause I schedule the payments when I get paid but record them in the next month!MFW 2021 #76 £5,145
MFW 2022 #27 £5,300
MFW 2023 #27 £2,000
MFW 2024 #27 £6,055
MFW 2025 #27 £5,075
MFW 2026 #27 0/£10001 -
#45 with an update
As my current mortgage term finished at the end of May, I decided to add the money I was using as OP to my monthly payment. This means I have reduced my mortgage term by 2 years to 11 years 😁
@julicorn please can I reduce my OP target to £700 for the year. Many thanks.
Reporting a June OP of £24MFW 2025 #45
Jan 2016 Mortgage = £150,894 (23years 0months)
Current outstanding = £90,256.60 (10years 1month)
2024 Overpayment = £675.66
2025 Overpayment = £710/£700
2026 Overpayment = £357.72/£10001 -
#5 reporting another £84.00 for May, total now £324 for May’s total.
Thanks Julicorn1 -
hi #67 May's overpayment was £331.49
slowly chipping away at the £2k target, should reach it.MFW 2026 OP Challenge Target £4000
January = £277.71
February = £239.63
March = £347.00
£864.34/£4000
Little and often, that's the key. IYKYK1 -
Hi no.39 here with June payment of £486, bringing the total to 2548. Thanks @julicornDebt = £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) | MFW Goal 2025: £6429/£3000 | Mortgage = £88,102/£132,469 (33% paid)Goal for 2026:1) MFW £3221/£36001
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