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2026 Mortgage-Free Wannabes

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Comments

  • Sistergold
    Sistergold Posts: 2,162 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic

    hello everyone, this is #10 reporting OPs for May £120 and for June £120. Thank you @julicorn for always keeping us updated.

    Initial mortgage bal £487.5k, current £238k, target £122k (quarter way!)
    Mortgage start date first week of July 2019,
    Mortgage term 23yrs(end of June 2042🙇🏽♀️), 
    Target is to pay it off in 10years(by 2030🥳). 
    MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
    £12K in 2021 #54 (in 2020 #148)
    MFiT-T6#27
    To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
    To save £100k in 60months start 01/01/2027
    Am a single mom of 4. 
    Do not wait to buy a property, Buy a property and wait. 🤓
  • AgathaSquirrel
    AgathaSquirrel Posts: 404 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper

    #27 overpayment of £650 for June. Thanks.

    2017 - mortgage of £140,000 and interest rate of £10 a day
    Feb 2021 £103000
    November 2021 £93000
    December 2022 £79000
    December 2023 £73000
    March 2024 £70000
    May 2024 £68000
    October 2024 £65000
    February 2025 £63000
    March 2025 £45000, interest of £6.07 per day
    November 2025 £41000, interest of £5.62 per day
    March 2026 £38000, interest of £5.22 per day
    July 2026 mortgage of £34,000 and interest of £4.97 per day
  • pawlala
    pawlala Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    #22 reporting total overpayments for

    June came to £848.64

    Thanks and have a great week everyone!

    Mortgage free I: 8th December 2009!
    Mortgage free II: New Year's Eve 2013!
    Mortgage free III: Est. Dec 2021...
  • Hettyhound
    Hettyhound Posts: 1,205 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper

    #21 with an overpayment of £125. That makes a June total of £175, thanks Julicorn

    SPC #023 SPC 12: £125.86; 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 ?
    MFW #21 Mortgage start Dec 2015 £79,950; July 2026 £11,824 2025 OP £2991/£2,000 2026 £3,350/£5,500
    MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £6070/£21,930 (27.67%)
  • becksta
    becksta Posts: 2,269 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    #38 here with my June overpayment update of £1,330.11.

    Good luck to everyone for July!

    MFW 2022 #88: £6620/£6000
    MFW 2023 #38: £13242.13/£6000
    MFW 2024 #38: £15792.12./£9000
    MFW 2025 #38: £16090.54/£7500
    MFW 2026 #38: £10994.52/£9500

    Thank you to all competition posters
  • pawlala
    pawlala Posts: 1,443 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 1 July at 10:45AM

    #22 reporting total overpayments for

    July came to £192.61

    That should shoot me straight through my 2026 target 6 months early :D

    Thanks and have a great week everyone!

    Mortgage free I: 8th December 2009!
    Mortgage free II: New Year's Eve 2013!
    Mortgage free III: Est. Dec 2021...
  • Hettyhound
    Hettyhound Posts: 1,205 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper

    Hi Julicorn, July over payment made of £600. Thank you!!

    SPC #023 SPC 12: £125.86; 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 ?
    MFW #21 Mortgage start Dec 2015 £79,950; July 2026 £11,824 2025 OP £2991/£2,000 2026 £3,350/£5,500
    MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £6070/£21,930 (27.67%)
  • missmoneywatch
    missmoneywatch Posts: 35 Forumite
    Fourth Anniversary 10 Posts Name Dropper

    #33 reporting two overpayment today, standard 323 monthly OP plus an extra 200 OP. July overpayment so far 523. YTD total 2763.14

  • Sandyra
    Sandyra Posts: 340 Forumite
    Part of the Furniture 100 Posts Name Dropper Cashback Cashier

    #32

    Further June OP of £880.97

    Total for June £980.97

    Thank you for managing

    MFW 26 #32 £4,854.66/£6,000; MFW 25 #32 £9,594.51/£3,000; MFW 24 #32 £4,217.84/£3,000; MFW 23 #32 £5,238.84/£4,000; MFW 22 #32 £8,246.43/£8,000; MFW 21 #32 £8,982.73/£8,000; MFW 20 #32 £12,000/£6,000

    Save £12k in 2026 #32 £12,625/£18,000; Save £12k in 2025 #48 £20,000/£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

  • NotWhereIWantToBe
    NotWhereIWantToBe Posts: 124 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper

    Hi @julicorn #83 here with a £400 OP for June .

    Thank you

    User name should now read NowWhereIWantToBe  

    Amount overpaid so far £8298 (2022)

    Overpayment ready to add to funds when fixed deal runs out July 2027 £27800


    Mortgage end date when taken out : July 2050
    Mortgage current end date : January 2047

    MFW #83 Overpayments for 2026
    Jan £276 Feb £300 March £324 April £323 May £400 June £400

    Daily interest £3.25
    Percentage owned 50.3%
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