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2025 Mortgage-Free Wannabes

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Comments

  • Lauraebrad
    Lauraebrad Posts: 191 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Adding a June update for #30 ... thanks @julicorn
    June OPs £370
    YTD £1,760

    Aiming for mortgage free by September 2030

    Balance 1.1.20 - £69,701.80
    Balance 1.1.21 - £63,699.80
    Balance 1.1.22 - £57,762.80
    Balance 1.1.23 - £53,074.20
    Balance 1.1.24 - £47,902.00
    Balance 1.1.25 - £44,141.20

    over payments 2025 = £1,450/£1,500 /// invested 2025 = £1,050/£1,500 = TOTAL (YTD) £2,500/£3,000
  • julicorn
    julicorn Posts: 2,628 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    HelenaPinky said:
    Can I be added for 2025 please? Happy to be the next free number. 

    Target is £2900 OP for the rest of 2025 
    Of course, welcome to the challenge! :) You've got number 75. 
  • here_for_the_tips
    here_for_the_tips Posts: 141 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    #35 with another £100 OP as the Nationwide Fairer Share coming in for a current June total of £776.85.
    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: £51,483.47
  • here_for_the_tips
    here_for_the_tips Posts: 141 Forumite
    100 Posts First Anniversary Photogenic Name Dropper
    #35 with a little Prolific action lounging in the sun for another £9.75 and a current May total of £786.60. Thanks Julicorn 
    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: £51,483.47
  • Jemma01
    Jemma01 Posts: 434 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    edited 21 June at 5:42AM

    #46 May I please add 5k for May and 5k for June?

    Thanks 

    Note:
    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date = 25/10/2024 = 175k (5.44% interest rate, 20 year term)
    • Q4/2024 = 139.3k (5.19% interest rate)
    • Q1/2025 = 125.3k (interest rate dropped from 5.19% - 4.69%)
    • Q2/2025 = 108.9K (interest rate 4.44%)
    • Q3/2025 = 92.2k (interest rate dropped from 4.44% to 4.19%)
    • Q4/2025 = 76.5k (interest rate 4.19%)
  • turtlemoose
    turtlemoose Posts: 1,696 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #20 reporting £150 for May and £175 for June 
  • Sandyra
    Sandyra Posts: 300 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32 here. June OP - £977.07
    Thanks for managing Julicorn 

    MFW 2025 #32 £7,746.98/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2025 #48 £16,000/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000

  • Tjh1412
    Tjh1412 Posts: 220 Forumite
    Ninth Anniversary 100 Posts Combo Breaker
    #65 with another OP taking it to £518.67 total for June 
    2025 in 2025- 2027/2025
    365 savings challenge- £41.12/667.95

  • HelenaPinky
    HelenaPinky Posts: 44 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    My first post of 2025 and I'm happy to be back! I have been quietly overpaying for the last 12 months....and sadly an inheritance pushed us unexpectedly further along... and as a result we're hurtling towards the end. The bank have put our payments down to £94 a month, but I'm still classing anything over £475 (my old amount) as an overpayment. 

    #75 OP for June £374
    Mortgage when saw the MSE light 💡: £85,000 (end date 2045)
    2019: £65,638
    💰 2024 Increased mortgage for house move:  £112,000 (end date 2054)
    Current end date: May 2026

    2025MFW #75
  • jackieblack
    jackieblack Posts: 10,580 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    #4 reporting my usual OP of £115

    Thanks julicorn 🙂
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    Quidquid Latine dictum sit altum videtur
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