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!

2026 Mortgage-Free Wannabes

1…3334363839…45

Comments

  • MFWannabe
    MFWannabe Posts: 2,565 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    #50

    £500 overpayment

    May total of £765.62


    MFW 2026 #50

    Mortgage:

    04/04/26: £33,500 

    07/03/26: £34,418.15

    16/01/26: £56,794.25
    02/01/26: £60,223.17

    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 

    Savings: £20,000




  • Pinkpieuni
    Pinkpieuni Posts: 269 Forumite
    100 Posts First Anniversary Name Dropper Photogenic

    #61 £69.36 overpayment. total for May is now £469.36

    Challenges

    NSD - July - xx/10

    1. 2026 Mortgage-Free Wannabes #61 £27,100/£27,100, target met June 2026, mortgage balance - £0.  mortgage @ Jan 2025 - £75,600

    2. 2026 Mortgage Free Wannabe #47 , buy to let deposit xx/20k

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

    4.52 Week Envelope Saving Challenge #2  £689/£1,378 -( 26/52)

    5. EF - £1,742

  • LzzyIsGod
    LzzyIsGod Posts: 724 Forumite
    500 Posts First Anniversary Photogenic Name Dropper

    #41 £40 sent today - think thats £62.97 for May so far thanks!


    Have a little faith, baby, have a little faith". Oddball - Kelly's Heroes
  • Sammie_1985
    Sammie_1985 Posts: 286 Forumite
    Seventh Anniversary 100 Posts Name Dropper

    Good Morning,

    #4 with an overpayment of £600 for May please. 🙂

    🏡Mortgage July 2019 - £240,000
    💫Term Remaining (Without Overpayments) - 23yrs 

    🏡Mortgage Now - £181,393.84
    💫Term Remaining (With Overpayments) - 20yrs 1Month

    🗓️241/360 Monthly Payments Remaining 

    💷MFW 2026 #4 - £4944.07/£7000

    💰EF - £7314/£10000


  • julicorn
    julicorn Posts: 2,743 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    https://forums.moneysavingexpert.com/discussion/comment/81983303#Comment_81983303

    That's fantastic news, well done for clearing your mortgage! ❤️

  • julicorn
    julicorn Posts: 2,743 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic

    Thank you all for your lovely comments and great updates while I was away! I had a wonderful time on holiday, but am also happy to be back to see what you've all been up to. 😆
    I've updated the sheet now, but as always let me know if I missed anything. 😊

  • V3cash
    V3cash Posts: 459 Forumite
    Ninth Anniversary 100 Posts Mortgage-free Glee! Name Dropper

    hi @julicorn can make a payment of £5000 for May please, no 68

    MFW December 2026

    Initial mtg £100,000 Jan 2021
    Final payment made balance £0 May 2026
    mortgage free part II done!
    retirement planning started June 26
    H&L share ac started.





  • Moneyminded
    Moneyminded Posts: 299 Forumite
    Sixth Anniversary 100 Posts Name Dropper

    Number 15 checking in with an OP for April for £187.85. Thanks Julicorn

    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2026 #15 1,188.51/2400 /// MFW 2025 #15 1628.00/ £2,400 /// MFW 2024 #15 £1,608.85/ £2500 /// MFW 2023 #15 £8,617.84/ £10,000 /// 2022 #15 £7,315.24/ £7250 /// MFW 2021 #15 £8,530.07/ £8500
    • Daily interest is currently £3.13
  • V3cash
    V3cash Posts: 459 Forumite
    Ninth Anniversary 100 Posts Mortgage-free Glee! Name Dropper

    So after weighing up pros and cons of paying mortgage off versus savings we decided to pay the mortgage off and continue our saving journey towards retirement, so that’s what we did today, ⭐️⭐️

    thanks so much for the support, it’s been so encouraging and helpful 😊😊

    good luck to you all in your mortgage free journeys, signing out no 68

    MFW December 2026

    Initial mtg £100,000 Jan 2021
    Final payment made balance £0 May 2026
    mortgage free part II done!
    retirement planning started June 26
    H&L share ac started.





  • Sammie_1985
    Sammie_1985 Posts: 286 Forumite
    Seventh Anniversary 100 Posts Name Dropper

    #4 with an additional over payment of £67.29 for May please.
    total for May should be £667.29

    🏡Mortgage July 2019 - £240,000
    💫Term Remaining (Without Overpayments) - 23yrs 

    🏡Mortgage Now - £181,393.84
    💫Term Remaining (With Overpayments) - 20yrs 1Month

    🗓️241/360 Monthly Payments Remaining 

    💷MFW 2026 #4 - £4944.07/£7000

    💰EF - £7314/£10000


★ ★ ★ 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
  • 355.1K Banking & Borrowing
  • 254.6K Reduce Debt & Boost Income
  • 455.8K Spending & Discounts
  • 247.9K Work, Benefits & Business
  • 604.9K Mortgages, Homes & Bills
  • 178.8K Life & Family
  • 262.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.
Update Your Picture