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2025 Mortgage-Free Wannabes
Comments
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Hello! #38 here. I'd love to join the challenge again in 2025 with a target of £7,500.
I re-mortgage in June so won't know how much I can overpay until I understand what the new interest rate will be so going for a lower target initially.MFW 2022 #88: £6620/£6000
MFW 2023 #38: £13242.13/£6000
MFW 2024 #38: £15792.12./£9000
MFW 2025 #38: £12994.94/£7500
Thank you to all competition posters1 -
Hi @julicorn can I sign up again? I’m going cautious this year aiming for £1200 onlySmall OPs are better than no OPs
Start date - Feb 2018 £231,000 / Apr 2042
July 2025 £116,950 / Dec 2025
MFW #60…. Back in for 2025!1 -
Sorry forgot to say I’m #26 at the moment. Would love to stay there but let me knowSmall OPs are better than no OPs
Start date - Feb 2018 £231,000 / Apr 2042
July 2025 £116,950 / Dec 2025
MFW #60…. Back in for 2025!0 -
Thanks for running the thread again Julicorn. I would like to joing the 2025 challenge
I was #66 previously and my target for 2025 is £3000. Good luck everyone.
Mortgage-free wannabe 2025 £571/30001 -
Flossymuldoo said:Please can I join for this year @julicorn?
I would like to shoot for £10k. It’s ambitious but I’d like to give it a shot. Thank you!You've got #53.
Merrylegs1 said:Hi, can I sign up for this challenge with an ambitious £5000 target please? I’ve previously taken part in this challenge but can’t remember my number after missing a couple of years.
thanks Julicorn
Merry1 -
becksta said:Hello! #38 here. I'd love to join the challenge again in 2025 with a target of £7,500.
I re-mortgage in June so won't know how much I can overpay until I understand what the new interest rate will be so going for a lower target initially.Tartan_Mum said:Hi @julicorn can I sign up again? I’m going cautious this year aiming for £1200 only.
becky170 said:Thanks for running the thread again Julicorn. I would like to joing the 2025 challengeI was #66 previously and my target for 2025 is £3000. Good luck everyone.
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Can I join please? Target total is £38,000 comprising of 10% allowable overpayment of £7,500 and £31,000 to be put away to allow us to be MF towards the end of next year. We hope to achieve it by carrying out need vs want assessment through out the year, thnks to the new found MSE financial knowledge. No wasting money in 2025.
Challenges
NSD Sept- 4/10
Pay off all your debts by Christmas 2025 #7 £6,500/£6,500 - All gone, paid off.
52 Week Envelope Saving Challenge #7 £1,378/£1,378 -(52/52)
The Save £12k in 2025 challenge #4 £12,317/£30,500
2025 Mortgage-Free Wannabes #61 £21,284/£38,000
Mortgage - Jan 2025 £75,600- current bal £52,516 Target MF (Jun 26) 299 days.
Loan - Jan 2025 £4,095 - Current balance £2,054
"Look after the pennies and the pounds will look after themselves"
1 -
Hi @julicorn please can I join again as #30 again if possible! Target £2400 as this year. 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
over payments 2025 = £1,450/£1,500 /// invested 2025 = £1,050/£1,500 = TOTAL (YTD) £2,500/£3,0001 -
Thank you @julicorn 🎉Small OPs are better than no OPs
Start date - Feb 2018 £231,000 / Apr 2042
July 2025 £116,950 / Dec 2025
MFW #60…. Back in for 2025!1 -
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. 🤓1
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