We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2025 Mortgage-Free Wannabes

1535456585995

Comments

  • stuartp2000
    stuartp2000 Posts: 187 Forumite
    Tenth Anniversary 100 Posts Name Dropper Combo Breaker
    Small overpayments mainly from Sprive voucher cashback


    #06
    June 42.02
    Ytd 14,621.56
    Challenges
    MFW 2026 #6 - 200/2,500

    Completed Challenges
    MFW 2025 #6 - 14871.56/14,000
    MFW 2024 #35 - 9,000/9,000
    Pay off all debts by 2023 - #18 8,000 / 8,000

  • V3cash
    V3cash Posts: 354 Forumite
    Eighth Anniversary 100 Posts Name Dropper Photogenic
    Sorry to be a pain @julicorn I have miscalculated my OP allowance so my target should actually be £13,500 , could this be amended please when you are updating spreadsheet, many thanks, you are a ⭐️ 
    🤩 

    MFW May 2026

    £92.80 left to pay from 10% 
    overpayment allowance, (May 26).
    End fix on 2.79% July 27 // MFW AIM May 2026

    Mortgage  free Aim July 2026!
    July 25 £57,000, £56950
    August 25 £56,400
    September £55,850/£55,800
    October £55,195
    November £54,600, £54,562.
    December £54,000
    January 2026 £53,450




  • becksta
    becksta Posts: 2,263 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #38 here with a belated May update of a total overpayment for the month of £479.93

    Many thanks!
    MFW 2022 #88: £6620/£6000
    MFW 2023 #38: £13242.13/£6000
    MFW 2024 #38: £15792.12./£9000
    MFW 2025 #38: £16090.54/£7500

    Thank you to all competition posters
  • Shal1160
    Shal1160 Posts: 68 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Happy June to you all! #29 checking in with £137.20 overpayment for June. Thank you Julicorn! :smile:
    Mortgage start: Sept 2018 £140,000 (30 years) Sept 2020: £129,131 
    Sept 2021: £121,000 (remortgaged for 22 years), Sept 2022: £111,009, Sept 2023: £101,700, Sept 2024: £94,405, Sept 2025: £85,470
    Current: £83,770 (Dec 25)
    MFW 2025 #29
    MFW 2026 #20
    Just keep swimming
  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    #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! 
    Sorry Julicorn I don’t know what I’m talking about! £400 in June (£250 regular OP +£150) takes me to £1700 so far
    Would you be able to check the spreadsheet for me when you get the chance? I've got your year total as something slightly different (just £50 off), so just want to make sure I've logged everything correctly :)
  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Some great updates coming in over the last week, well done everyone!

    The total now stands at £376,118.20, we're moving swiftly towards the £400k hurdle :)
  • ShALLaX said:
    Hello!

    #26 reporting in with a final overpayment for June of £48,441.66 bringing me to my target of £55,450.

    That's the mortgage paid off, then!

    Thanks for running this @julicorn! Maybe I'll be back for a third time if I get another mortgage.
    Wow, congratulations @shALLax 🎊  How do you feel?




    Current Balance £22,000
    MFW 2026 #31 £1000 / £17,000 OP
    MFIT - T7  

    0%CC May 2027-  £5,000

    0% Loan £600.00  - paid ✅️

    Money made £20 / £365

    Declutter 0 /52 

    Grocery Challenge 2025 £4885.78
    Grocery Challenge 2026 

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


  • julicorn
    julicorn Posts: 2,680 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    ShALLaX said:
    Hello!

    #26 reporting in with a final overpayment for June of £48,441.66 bringing me to my target of £55,450.

    That's the mortgage paid off, then!

    Thanks for running this @julicorn! Maybe I'll be back for a third time if I get another mortgage.
    Well done and massive congratulations! <3 

    (you also answered my 'when are we going to hit £400k' question :D )
  • anna42hmr
    anna42hmr Posts: 2,899 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ShALLaX said:
    Hello!

    #26 reporting in with a final overpayment for June of £48,441.66 bringing me to my target of £55,450.

    That's the mortgage paid off, then!

    Thanks for running this @julicorn! Maybe I'll be back for a third time if I get another mortgage.
    well done that's fantastic news.  Fingers crossed I will join you in the mortgage free club by mid to end of 2026!
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.1K Banking & Borrowing
  • 254K Reduce Debt & Boost Income
  • 454.8K Spending & Discounts
  • 246.2K Work, Benefits & Business
  • 602.4K Mortgages, Homes & Bills
  • 177.9K Life & Family
  • 260.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.