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

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Comments

  • powerspowers
    powerspowers Posts: 1,408 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Paid my fixed saver from last year onto the mortgage today, think that should get us back on track! 
    Thanks J for keeping us organised x
    MFW 2021 #76 £5,145
    MFW 2022 #27 £5,300 
    MFW 2023 #27 £2,000
    MFW 2024 #27 £6,055
    MFW 2025 #27 £5,075
    MFW 2026 #29 £500 / £1000
  • Update submitted many thanks @julicorn
    Current Balance £6000
    MFW 2026 #31 £17000 / £23,000 OP
    MFIT - T7  

    Property Fund £13,800 / £15,000


    0%CC May 2027-  £5,000

    0% Loan £600.00  - paid ✅️

    Money made £402.30 / £365 (12/07/26)

    Declutter 42 /52 

    Grocery Challenge 2025 £4885.78
    Grocery Challenge 2026 Jan £328.20, Feb £297.01, Mar £352.91, April £422.85, May £358.26, June £431.70,July £282.06

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


  • smetf
    smetf Posts: 398 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    January's form update submitted!
    Thanks @julicorn
    S x
    Mortgage £32,701.53
    MFW 2022 #35 10,000
    MFW 2023 #3 10,358.97
    MFW 2024 #3 10,000
    MFW 2025 #3 10,000
    MFW 2026 7,384.62/7,384.62
    MFiT-T7 #10 aiming for 16k https://forums.moneysavingexpert.com/discussion/6283332/halving-our-income-and-still-aiming-for-mortgage-free#latest
  • julicorn
    julicorn Posts: 2,773 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hello all, thanks so much for submitting your updates! It's much appreciated. 

    Here is the latest form. Do let me know if I've missed anything or any numbers don't look correct to you :) 

    We're a third of the way through our challenge now, and one year from where we started. Well done for sticking with it, and remember it's a marathon, not a sprint. 
  • Hi @julicorn thank you so much for running this thread. I think I've done something wrong again when l submitted my form. 

    My current balance should be £22,000.

    Many thanks 
    Current Balance £6000
    MFW 2026 #31 £17000 / £23,000 OP
    MFIT - T7  

    Property Fund £13,800 / £15,000


    0%CC May 2027-  £5,000

    0% Loan £600.00  - paid ✅️

    Money made £402.30 / £365 (12/07/26)

    Declutter 42 /52 

    Grocery Challenge 2025 £4885.78
    Grocery Challenge 2026 Jan £328.20, Feb £297.01, Mar £352.91, April £422.85, May £358.26, June £431.70,July £282.06

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


  • julicorn
    julicorn Posts: 2,773 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic

    Updated now, and I've found the problem - make sure you enter your challenger number just as a number, i.e. '19' rather than '#19' :)

  • twinklie
    twinklie Posts: 5,297 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    Sorry sorry sorry…just updated late.

    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.84 December 25
    % of house owned/% of mortgage paid off. December 25 - 40.34%/33.36%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • twinklie
    twinklie Posts: 5,297 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    I normally give my update at the end of April, but have done one now in case I forget. I'm going on holiday and jumping straight into a busy period when I come back so there is every chance I'll forget. So I've done the update as it is today.

    Reduction in daily mortgage interest since October 23 (new mortgage) - £2.84 December 25
    % of house owned/% of mortgage paid off. December 25 - 40.34%/33.36%
    MFiT-T7 #21
    MFW 2025 #2
    MF Date: Oct 37 Feb 37
  • smetf
    smetf Posts: 398 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic

    Thanks Twinklie, that prompted me to do my update too. Hoping to do another decent OP but it'll be in May.

    S

    Mortgage £32,701.53
    MFW 2022 #35 10,000
    MFW 2023 #3 10,358.97
    MFW 2024 #3 10,000
    MFW 2025 #3 10,000
    MFW 2026 7,384.62/7,384.62
    MFiT-T7 #10 aiming for 16k https://forums.moneysavingexpert.com/discussion/6283332/halving-our-income-and-still-aiming-for-mortgage-free#latest
  • Bounty123
    Bounty123 Posts: 344 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper

    Update submitted (hopefully). Slow progress at the moment but focus has shifted a bit.

    Thank you for running the challenge @julicorn

    Bounty

    2026 MFW No:23
    MFiT-T7 12
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