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2025 Mortgage-Free Wannabes

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Comments

  • Lauraebrad
    Lauraebrad Posts: 197 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi @julicorn - early August update for #30.  August OPs = £320 bringing YTD to £2290
    Thank you!

    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
    Balance 1.1.26 - £40,312.20

    over payments 2026 = £30/£1,200 /// invested 2026 = £150/£1,800 = TOTAL (YTD) £180/£3,000
  • soapy50
    soapy50 Posts: 35 Forumite
    Eighth Anniversary 10 Posts Mortgage-free Glee! Name Dropper
    edited 9 August 2025 at 12:01PM
    Forgot to update on here for a while  😬 #64 £1050 paid off the mortgage since last post. £450 for June, £400 for July, £200 so far in August 😇
    MFW 2025 #64: £4350/£5000
    Mortgage January 2025 £31,598
    Mortgage February 2025 £30,519
    Mortgage March 2025 £29,427
    Mortgage April 2025 £28,731
    Mortgage May 2025 £27,351
    Mortgage June 2025 £26393
    Mortgage July 2025 £25,395
    Mortgage August 2025 £24,215
    Mortgage September 2025 £22,606
    Mortgage December 2025 £19,887
    Mortgage January 2026 £0 - officially mortgage free!! 
  • AuntieL
    AuntieL Posts: 471 Forumite
    100 Posts Second Anniversary Name Dropper Photogenic
    #45
    Reporting a £29 OP for August
    Debt-free journey started August 2023. DF 02/09/2024 🥳 (except mortgage)
    January 2026 NSD Challenge 5/15

    MFW 2025 #45
    Jan 2016 Mortgage = £150,894 (23years 0months)
    Current outstanding = £92,396.89 (10years 4months)
    2024 Overpayment = £675.66
    2025 Overpayment = £710/£700
    2026 Overpayment = £44.43/ £1000
  • pawlala
    pawlala Posts: 1,436 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    #22 reporting total overpayments for

    July came to £233.86

    Thanks and have a great week everyone!  B
    Mortgage free I: 8th December 2009!
    Mortgage free II: New Year's Eve 2013!
    Mortgage free III: Est. Dec 2021...
  • debtfreewannabe321
    debtfreewannabe321 Posts: 10,262 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Aug OP was £200 for me, I don't think I've been on here to say it? 
    Emergency Fund goal - £717.77/1500
    Weight loss goal 1 - 1/7 lb 
    Mortgage OP goal 2026 - £103.62/£4500 

    New Diary- https://forums.moneysavingexpert.com/discussion/6647063/investing-in-us-holidays-health-and-the-road-to-150k#latest
  • Jemma01
    Jemma01 Posts: 515 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper

    #46 can I please update August payment to 5000 total for the month

    Thanks
    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date = 11/2024 = 175k (5.19% interest rate, 20 year term)
    • Q4/2024 = 139.3k (5.19% -> 4.94%)
    • Q1/2025 = 125.3k (4.94% -> 4.69%)
    • Q2/2025 = 108.9K(4.69% -> 4.44%)
    • Q3/2025 = 92.2k   (4.44% -> 4.19%)
    • Q4/2025 = 44k      (4.19% -> 3.94%)
    • Q1/2026 = 41k      (3.94%)
  • MFWannabe
    MFWannabe Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 17 August 2025 at 8:12AM
    #50 overpayment of £71.80
    Total for August of £175

    MFW 2026 #50: £3,583.49/£25,000

    Mortgage:
    02/01/26: £60,223.17

    12/08/25: Mortgage: £62,500.00
    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 

    Savings: £20,000




  • powerspowers
    powerspowers Posts: 1,376 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    #27 with £250 for August please Julicorn x
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £3,600/£5,000


  • uzubairu
    uzubairu Posts: 1,209 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Home Insurance Hacker!
    No 54 updating for June, July and August

    June = £282.57
    July = £132.02
    August = £250
  • Sistergold
    Sistergold Posts: 2,146 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Oh hello all. I am slightly behind this year, luckily most of you are keeping upto date with your OPs and updates. 
    MFW #10 @sistergold , with update overpayments for June £110, July £110 and August £110. Thanks again @julicorn for keeping us updated 
    Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
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