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2025 Mortgage-Free Wannabes

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Comments

  • #18 with August update. I usually only OP on commission months (every quarter) but I decided to round up the payment to a 'satisfactory' payment :)

    So, August OP of 8.74 with an annual total of £4284.74. Hopefully August pay will allow for a larger September payment.

    Thanks @julicorn

    MM
    X
    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!!!
  • Moneyminded
    Moneyminded Posts: 288 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    #15 checking in for the first time in ages with an OP of £250.00 for August

    Thanks Julicorn
    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2025 #15 £378.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £4.48
  • BeckyBach
    BeckyBach Posts: 19 Forumite
    Second Anniversary 10 Posts
    Hi Julicorn, can you put me down for £725.82 for August please? #13
  • Simobla1
    Simobla1 Posts: 63 Forumite
    Second Anniversary 10 Posts Name Dropper
    edited 2 August at 12:36PM
    Number 56 with an overpayment for August of £413.26.  Many thanks!
    Save £12k in 2025
    #36 2025: Target £15k / £9,498
    #39 2024: 
    Target £10k / £13,623 (exceeded)
    #39 2023: Target £3k / £4,415 (exceeded)

    MFW member No.56
    2025 Overpayment Target £4k / £2,875.32
    2024 Overpayment Target £7k / £7,683 (exceeded)
    2023 Overpayment Target £5k £9,358 (exceeded)
    Mortgage total May ‘23: £119,202. Jan ‘25: £96,098.  Current June '25 £92,751
    Pay-off: 1st April ‘341st Sept ‘33, 1st May '33, 1st April '33, 1st March '33, 1st Aug '32, 1st  Sept '31

    MFiT-T7 #15
    Target £70k
  • becksta
    becksta Posts: 2,213 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 3 August at 3:58PM
    #38 here with a late update for July please.  I managed to make an overpayment of £5,016.36 as my current deal was ended on 30th June so wanted to overpay with some of my savings before my next mortage deal.

    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
  • HelenaPinky
    HelenaPinky Posts: 42 Forumite
    Third Anniversary 10 Posts Photogenic Name Dropper
    #75 - another August OP of £402.76 bringing total August OPs £405.92

    borrowed a bit from instant access savings as I can replenish from limited access savings as I'm getting close to it all being paid off now.
    Mortgage when saw the MSE light 💡: £85,000 (end date 2045)
    2019: £65,638
    💰 2024 Increased mortgage for house move:  £112,000 (end date 2064)
    Current balance: £4625

    2025MFW #75
  • MFWannabe
    MFWannabe Posts: 2,459 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #50
    nornal overpayment for August of £103.20
    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

  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    #2 July OP £150. 

    I thought I’d updated but turns out I forgot. I’ve got a holiday to pay for this month, so not sure what’s happening OP wise yet. 🤔
    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
  • Chili81
    Chili81 Posts: 47 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    #11 a bit late with my July OP of £288. thanks! 
  • smetf
    smetf Posts: 362 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Hi all, 

    #3 Checking in with our standard OP of £686.62, hopefully will add a little more once the SE income comes in.

    Thanks,
    Emergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614
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