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2025 Mortgage-Free Wannabes

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  • twinklie
    twinklie Posts: 5,174 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Oh I think my numbers gone to someone else now I’ve looked. I’ll just have whatever number then. I’m not precious about it. 
    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
  • Hi I would like to aim for £10,000 for 2025 please. I was #34 happy to keep or swap it
  • MFWannabe
    MFWannabe Posts: 2,457 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 28 December 2024 at 3:57PM
    👋 can I join this challenge please - target overpayment £6000

    MFW 2025 #50: £1139.75/£6000

    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    07/03/25: Savings: £16,500

  • Hello, can I please join the challenge as well, with a target of £5000. Thank you!

    Mortgage: £173,700 Sep 22  £160,920 Apr 25

    MF Date: Sep 52 Mar 52


    2025 Goals:

    1) EF2 #84 £4000/£10000

    2) Pay off all your debts by Christmas 2025 #34 £2,400 to go

    3) MFW25 #51 £1628.22/£5000

    MFiT-T7 #5

  • Hi Julicorn, I'd love to join again. Can you put me down for £3500 please? I don't mind which number I get. Thank you!
    MFW 2024 £27500/7500 Mortgage £129,500 Jan 22 Final payment June 38 Now £68489.08 FP May 36 Emergency Fund £20,000 100% Added to ISA 24 £8,060 Save 12k in 24 #31 £20,034.76/20,000 Debt Free 31.07.14
  • Hi #83 here can you keep my number please and put me down for £200 a month again.
    I am hoping to save more but being realistic again. Thanks @julicorn
    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £23768


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2025
    Jan £304 Feb £346 Mar £298 April £344 May £214 June £200

    Daily interest £3.38
    Percentage owned 48.4%
  • Morning!

    I would love to join again please. I was #18 in 2024, but will take a lower number if available please. If not i am happy to keep #18.

    Target for 2025 is £7000 please.

    Many thanks @julicorn

    MM
    XX
    Mortgage 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!!!
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Would love to join this year, had great intentions for 2024 but just could not stick with it. Looking to OP £4k next year on a £63,215 balance, maybe more if I can reach and keep my emergency fund goal as well
    Absolutely - and don't worry at all, 2025 is a whole new year for OPs :). I've given you #35 now. 

    Please can I have 16 again Julicorn, target of £5000.

    Many thanks and have a lovely Christmas.

    BeckyBach said:
    Hi Julicorn, I’d love to join again and keep #13 🙂 Please can you put me down with a target of £8000
    That's all logged, thank you both for joining again!
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    fjireland said:
    Thank you Julie,

    I have been toying with the idea of taking a break from the mortgage free journey for a year but I think I would regret doing nothing…. It’s great to have this to keep being accountable 

    Going to set myself a lower target this year for more breathing space - target 6k op this year to get me down a round 10k overall on the mortgage 

    Happy to keep number 80 please too 

    Thank you ;) 
    That's still a very healthy target! Thanks for joining us again <3

    pawlala said:
    #22 signing up for another year  :D 

    £5980 target for me please

    Merry Xmas everybody!
    Glad to have you back! 

    t4mof said:
    Hi @julicorn - I'd like to join again for 2025 and hoping to clear the mortgage this year so can you put me down for £42000? No endowment payout this year so hoping to do this on savings and DHs salary.

    Currently #45 but happy to move if you want to fill in any gaps on your spreadsheet.
    Exciting times - I've moved you up a little to #36 :)
  • julicorn
    julicorn Posts: 2,585 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    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
    Apologies Sistergold, I seem to have messed up your entry when copying over the chart! @seventh88 would you mind if I move you to a different number? At the moment I could offer you 39, but there's probably lower ones freeing up on the first of January. 

    Nintud said:
    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!
    That's great, thank you for joining us again!

    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 :)
    #40 was still free so that's all yours again! :)
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