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…4748495052

Comments

  • Sammie_1985
    Sammie_1985 Posts: 326 Forumite
    Seventh Anniversary 100 Posts Name Dropper

    #4 with an overpayment of £500 please 🙂

    🏡Mortgage July 2019 - £240,000
    💫Term Remaining (Without Overpayments) - 22y 10m

    🏡Mortgage Now - £178,873.00
    💫Term Remaining (With Overpayments) - 19y 8m

    🗓️236/360 Monthly Payments Remaining 

    💷MFW 2026 #4 - £6464.71/£7000

    💰EF - £8428/£10000


  • Lauraebrad
    Lauraebrad Posts: 215 Forumite
    Part of the Furniture 100 Posts Name Dropper

    Hi @julicorn

    Updates for #30 …

    August 270

    September 350

    YTD should be 3120…. Thanks!

    Aiming for mortgage free by September 2030

    Balance 1.1.20 - £69,701.80
    Balance 1.1.21 - £63,699.80
    Balance 1.1.22 - £57,762.80
    Balance 1.1.23 - £53,074.20
    Balance 1.1.24 - £47,902.00
    Balance 1.1.25 - £44,141.20
    Balance 1.1.26 - £40,312.20

    over payments 2026 = £1,770/£1,200 /// invested 2026 = £1,350/£1,800 = TOTAL (YTD) £3,120/£3,000
  • longestgame
    longestgame Posts: 37 Forumite
    10 Posts First Anniversary Name Dropper

    #34, with a Sept total of £1000, making £2000 YTD.

    Hope to still make the annual goal of £6000, but we will see.

    Thanks for all your efforts on this, Julicorn!

    2026 MFW OPs: 2000/6000
    2025 MFW OPs: 6000/6000
  • NotWhereIWantToBe
    NotWhereIWantToBe Posts: 128 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper

    #83 £500 OP for me for September.

    Thanks @julicorn

    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 £32510


    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 July £3860 Aug £350 Sept £500

    Daily interest £3.23
    Percentage owned 50.7%
  • powerspowers
    powerspowers Posts: 1,412 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper

    #29 with £150 please Julicorn

    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 £650 / £1000
  • pawlala
    pawlala Posts: 1,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper

    #22 reporting total overpayments for

    September came to £574.74

    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...
  • HelenaPinky
    HelenaPinky Posts: 72 Forumite
    Fourth Anniversary 10 Posts Mortgage-free Glee! Photogenic

    #75 with a £300 payment which brings September total to £500.

    Happy Overpaying everyone! HP x

    Mortgage when saw the MSE light 💡: £85,000 (end date 2045) up to £112,000 for house move (end date 2054)
    🍾 1st May 2026: mortgage free! 

    🏡New goal: enjoy spending then save 15,000 for 'forever' home by Dec 2028!

    2026MFW #75
  • AgathaSquirrel
    AgathaSquirrel Posts: 434 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper

    #27 £500 overpayment please.


    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
  • Moneyminded
    Moneyminded Posts: 302 Forumite
    Sixth Anniversary 100 Posts Name Dropper

    #15 checking in with September OP of £225.00. Thanks Julicorn.

    • Original mortgage end date: March 2041
    • Current mortgage end date: Dec 2032 
    • MFW 2026 #15 1,790.07/2400 /// 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 £2.87
  • Hettyhound
    Hettyhound Posts: 1,220 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper

    Number 21 with a final September OP of £119. That makes a September total of £269. 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; September 2026 £10,735 2025 OP £2991/£2,000 2026 £3,881/£5,500
    MFiT T6 #3 £19070/£25,500 (72.82%%) MFiT T7 #3 £10,595/£21,930 (48.31%)
★ ★ ★ 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
  • 355.6K Banking & Borrowing
  • 254.8K Reduce Debt & Boost Income
  • 456.1K Spending & Discounts
  • 248.2K Work, Benefits & Business
  • 605.7K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.5K 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