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2025 Mortgage-Free Wannabes

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Comments

  • carboot_karaoke
    carboot_karaoke Posts: 661 Forumite
    500 Posts Second Anniversary Photogenic Name Dropper
    Morning all

    #31 with another OP of £150 making December total so far £2,500

    YTD £39,000 

    Many thanks @julicorn
    Current Balance £10,750
    MFW 2026 #31 £12,250 / £17,000 OP
    MFIT - T7  

    Emergency Fund £4,400 / £5,000

    0%CC May 2027-  £5,000

    0% Loan £600.00  - paid ✅️

    Money made £130 / £365

    Declutter 37 /52 

    Grocery Challenge 2025 £4885.78
    Grocery Challenge 2026 Jan £328.20, Feb £297.01 Mar £352.91 April £422.85

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


  • julicorn
    julicorn Posts: 2,703 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    RedFraggle said:
    #87
    Another £1400 overpayment which will be it for this year. 

    We've taken £25k off the mortgage balance this year. £178k to go!

    Please add me to next year with a target of £14,400
    Well done! Please post in the 2026 thread and I'll add you. 
  • Mortgage_Minimiser
    Mortgage_Minimiser Posts: 350 Forumite
    Part of the Furniture 100 Posts Name Dropper
    edited 12 December 2025 at 9:03AM
    #18 with a final 2025 Post. £518 for Nov  / Dec bringing my total to £5320.98 - 76% of m target. It eqates to almost  additional payments.

    Probably the least I've ever OPd but on a single household salary and lots of things have changed - and it's something! :)

    On to next year !

    Merry Christmas all and thanks SO much for running @julicorn

    MM
    xx


    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!!!
  • JohnTheSkier
    JohnTheSkier Posts: 62 Forumite
    Sixth Anniversary 10 Posts Name Dropper
    edited 12 December 2025 at 5:50PM
    #14 with a belated update - please could you add the following amounts? EDITED - made a mistake, have paid more than I thought!

    August: £125
    September: £125
    October: £125
    November: £125
    December: £151

    Realised I was at YTD of £1,474 after regular December payment - just short of target, so made an extra payment of £26 to get to target of £1,500.
  • debtfreewannabe321
    debtfreewannabe321 Posts: 10,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    £200 for me please! #37 
    Emergency Fund goal - £1000/2000
    Mortgage OP goal 2026 - £1200/£4500 
    Read 24 books this year 14/24

  • soapy50
    soapy50 Posts: 35 Forumite
    Eighth Anniversary 10 Posts Mortgage-free Glee! Name Dropper
    #64 £1000 OP since my last update 😊
    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!! 
  • Pinkpieuni
    Pinkpieuni Posts: 257 Forumite
    100 Posts First Anniversary Name Dropper Photogenic
    #61, £7,000 for December. What a difference finding this forum has made to our finances, we aren't wasted money anymore.

    Merry Christmas everyone!

    Challenges

    NSD - April - 12/10

    1. 2026 Mortgage-Free Wannabes #61 £19,133.06/£29,000, MF target June 2026, current mortgage balance - £9,569.36

    mortgage @ Jan 2025 - £75,600

    2. Loan  - Jan 2026 £1,029.22 - bal £0- fully paid 

    3.52 Week Envelope Saving Challenge #2  £106/£1,378 -( 1/52)

    4. EF - £842

  • hellosupernova
    hellosupernova Posts: 100 Forumite
    Third Anniversary 10 Posts
    #19
    November 25 overpayments £254.51
    December 25 overpayments £250.00

    Thanks Julicorn! 
    Mortgage Free Wannabe
    Mortgage free aim date (set Dec 23): 2030 or earlier
    Mortgage free wannabe starting figure: £73,576.96
    Current Mortgage Figure: £53,301.28

    Mortgage end date with no overpayments: 20th July 2037
    Mortgage end date with overpayments: 1st Jan 2030

    Goal 1   10k off mortgage balance by 31st March 2024           Achieved
    Goal 2   60k mortgage balance by 30th September 2024        Got to £62,999
    Goal 3   10k off mortgage balance by 31st March 2025               Achieved
  • BeckyBach
    BeckyBach Posts: 24 Forumite
    Second Anniversary 10 Posts
    edited 20 December 2025 at 5:02PM
    Hi Julicorn, can you put down £725.82 each for November and December please #13.

    I hope you have a great Christmas
  • V3cash
    V3cash Posts: 445 Forumite
    Ninth Anniversary 100 Posts Name Dropper Photogenic
    Happy Christmas everyone and well done to all of us!!!
    and a happy new year and new savings opportunities!!! 😀😀😀

    MFW December 2026

    Initial mtg £100,000 Jan 
    overpayment allowance, (May 13th 2026).
    End fix rate of 2.79% July 27.

    January 2026 £53,450
    February £52,880
    March. £52,320, £52,300
    April £51,750 £51,740
    May £51,196
    June
    July
    August
    Sep
    Oct
    Nov
    December





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