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2025 Mortgage-Free Wannabes

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Comments

  • stuartp2000
    stuartp2000 Posts: 182 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 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

  • V3cash
    V3cash Posts: 301 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 ⭐️ 
    🤩 

    2025-26 MFW Target #68 £13,500

    £378.07 left to pay from 10% overpayment allowance, (July26).

    Mortgage  free Aim July 2027.
    July 25 £57,000, £56950
    August 25 £56,400

    house improvement/holiday £2500/5000

    Barclaycard £5800 (0%) Deal ends April 2026

  • becksta
    becksta Posts: 2,213 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: £12183.50/£7500

    Thank you to all competition posters
  • Shal1160
    Shal1160 Posts: 60 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
    Current: £86,450 (Jul 25)
    MFW 2025 #29
    Just keep swimming
  • julicorn
    julicorn Posts: 2,591 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: 2,591 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 :)
  • carboot_karaoke
    carboot_karaoke Posts: 316 Forumite
    100 Posts Second Anniversary Photogenic 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.
    Wow, congratulations @shALLax 🎊  How do you feel?





    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


  • julicorn
    julicorn Posts: 2,591 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: 2,890 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..
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