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2025 Mortgage-Free Wannabes
Comments
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#57 with an OP for August of £707.37
Thanks.1 -
Happy August MFWs! #29 checking in with an August overpayment of £105.47. Thank you Julicorn
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 swimming1 -
Hi @julicorn#46 I put in £3550 for August, the extra 50 is because I was determined to bring the total below 100k, really pleased with the milestone 😁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 = 98.5k (interest rate dropped from 4.44% to 4.19%)3 -
With this latest round of overpayments, we've passed the £500k hurdle - incredibly well done, everyone!
Our current total is £509,954.39.8 -
Hi @julicorn #83 with a £200 OP for July.
Many thanks.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 £23968
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 July £200
Daily interest £3.37
Percentage owned 48.5%1 -
#3 extra OP of £100, bringing August's total to £786.62.
A couple of reduced bills (new deals and energy reduction) means a slight increase to OPs and savings from next month.
SEmergency fund 13.5k Home/ holiday fund 6.5k Mortgage £45,614- MFW 2022 #35 10,000
- MFW 2023 #3 10358.97
- MFW 2024 #3 10000
- MFW 2025 #3 6945.69/10000
- MFW 2024 #3 10000
- MFW 2023 #3 10358.97
1 - MFW 2022 #35 10,000
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Hi Julicorn,
#67 reporting late as usual!
Total OP for July was £330.43
Many Thanks
MFW 2025 Op challenge = number 67
£729/£2000
Little and often, that's the key. IYKYK1 -
Morning all,
#31 With an additional £930 OP for August.
Total for August so far £2,500
YTD £26,400
Many Thanks
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 Forum1 -
#35 with lift off this month with initial £522.80 OP for August. Thanks Julicorn.MFWB 2025 #35: £8,255.12 / £10,000
Prolific 2025 £277.46 / £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: £54,624.071 -
Amazing progress everyone!!
#20 reporting £250 for July, and £250 for August please.1
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