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The Mortgage Free in Three - Take 7 challenge (MFiT-T7)

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Comments

  • Bounty123
    Bounty123 Posts: 100 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper
    Evening everyone,and

    Update submitted and slow progress is being made. Hoping for more next year.

    Thank you running the challenge @julicorn

    Bounty 
    2025 MFW No:23
    MFiT-T7 12


  • Hi Everyone,

    I hope your all making good progress.

    #19 Latest update submitted thank you @julicorn




    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


  • smetf
    smetf Posts: 377 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    Submitted my update form.
    Thanks @julicorn
    s
    Emergency fund 15.5k Home/ holiday fund 4k Mortgage £41,453
  • MFWannabe
    MFWannabe Posts: 2,502 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    #8 Update submitted 
    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



  • julicorn
    julicorn Posts: 2,652 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    Thank you all for submitting your updates, you can find the latest iteration of the spreadsheet here. :) 
  • twinklie
    twinklie Posts: 5,194 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I've just submitted my October update - it's late, I can only apologise. Life drama's. Don't worry if it's too late to update @julicorn I'm just submitting just in case. 
    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
    % of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • Anagran
    Anagran Posts: 179 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 2 December at 10:13PM
    Hi, Sorry I haven't made the past few updates. I have put in my January one now incase I forget nearer the time.
  • Hi! I've asked to join - and submitted my overpayments YTD for 2025. My mortgage is up for renewal by August 2028, I'd like to get it to as close to 280k as I can and so I think this challenge will be a good motivator to keep track of things! 
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