We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2025 Mortgage-Free Wannabes

1858687888991»

Comments

  • seventh88
    seventh88 Posts: 143 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Final payment of the year: #39, £597 for December, bringing the total to £6429. I'm amazed that I've been able to achieve that, and this forum has made such a difference in keeping me motivated. It's been heartening to share the journey with others, encourage others on and see everyone taking part, whatever the amount. Well done everyone and here's to 2026! Whether you have 57p, £57, £570...we will all get there, bit by bit. 
     Debt = £8017/£8017 (100% paid - cleared 26th August 2020) Boiler Fund = £2500/£2500 (100% saved - 26th August 2021)Emergency fund = £5000/£5000 (100% saved - 5th Jan 2025) | MFW Goal 2025: £6429/£3000 | Mortgage  = £111,564/£132,469 (15% paid)

    Goal for 2026:
    1) MFW £0/£3600




  • Hettyhound
    Hettyhound Posts: 1,126 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    Number 21 with another December OP of £40, making a total so far in December of £207.  Thanks Julicorn
    SPC #023 SPC 12: £125.86[/COLOUR]:SPC 13: £214.98: SPC 14: £297.41 SPC 15: £237.27 SPC 16 £335.39; SPC 17 £662.09 SPC 18 £660.03[ SPC 19 ?COLOR="DeepSkyBlue"]MFW #21 Mortgage start Dec 2015 £79,950; Dec 2025 £16,893[/COLOR] 2025 OP £2773/COLOR]/£2,000 MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £4997/£21,930 (22.78%)
  • Sandyra
    Sandyra Posts: 303 Forumite
    Tenth Anniversary 100 Posts Name Dropper Cashback Cashier
    #32 - Nov OP of £926.18 please

    Thanks for managing 

    MFW 2025 #32 £8,673.16/£3,000; MFW 2024 #32 £4,217.84/£3,000; MFW 2023 #32 £5,238.84/£4,000; MFW 2022 #32 £8,246.43/£8,000; MFW 2021 #32 £8,982.73/£8,000; MFW 2020 #32 £12,000/£6,000

    Save £12k in 2025 #48 £17,600/£14,000; Save £12k in 2024 #26 £13,055.37/£6,000; Save £12k in 2023 #31 £11,500/£6,000; Save £12k in 2022 #32 £7,180.24/£7,000; Save £12k in 2021 #32 £9,500/£8,000; Save £12k in 2020 #147 £9,370/£8,000

  • MFWannabe
    MFWannabe Posts: 2,502 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #50 Overpayment of £127 
    total for December £495.48
    MFW 2025 #50: £1989.73/£6000

    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 

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

    12/08/25: Savings: £12,000



  • Pinkpieuni
    Pinkpieuni Posts: 195 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    #61, £1,300 for November 

    Challenges

    NSD - Dec 2/10

    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 £35,801.82/£38,000

    Mortgage -  Jan 2025 £75,600-Current bal £36,851.26 Target  MF - Jun 26, 205 days away.

    Loan  - Jan 2025 £4,095 - Current balance £1,288

    "Look after the pennies and the pounds will look after themselves"

  • SuperSavingD
    SuperSavingD Posts: 584 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    #5 December OP made of £291.  

    That’s me done for 2025.  Well done everyone on the thread, looks like the grand totals pledged at the start of the year might be met.  Looking forward to next years OP’s now but will enjoy the festive season first.

    Wishing you all a fabulous Xmas and New Year 🎄⛄️.

    Thanks for keeping me motivated Julicorn and for running this thread xx
  • Jemma01
    Jemma01 Posts: 454 Forumite
    Fourth Anniversary 100 Posts Photogenic Name Dropper
    edited 7 December at 5:26PM
    #46 Can I please add another 10k for December please? Total should be 16k
    Thanks a lot
    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    MFWB 2026 #44. 
    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 = 48k (4.19% -> ??)
  • carboot_karaoke
    carboot_karaoke Posts: 455 Forumite
    100 Posts Second Anniversary Photogenic Name Dropper
    julicorn said:
    And with that, we've hit both our annual goal and the £700k mark!  <3 The current total stands at an amazing £705,813.29, well done everyone :)
    It's especially impressive given that in 2024, we only got to £401,383.38 over the course of the year!
    WOW great work everybody 🥳

    MFW
    Opening Mortgage Balance 
    16/06/2024 - £99569.04 term remaining 80 months (Feb 2031) 

    Current Balance £24,000

    MFW 2025 #31 £39,000 / £28,000 OP

    MFIT - T7 £39,000 OP

    0%CC May 2027-  £5,000
    0% Loan £600.00
    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 / Aug £294.38+83.83 entertaining /Sept £328.93 / Oct £381.10 /Nov £282.13

    The final countdown to June 2026 - Page 4 — MoneySavingExpert Forum


Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.7K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.8K Work, Benefits & Business
  • 601.8K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.