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2014 mfw

edited 4 January 2015 at 6:27PM in Mortgage-Free Wannabe
1.3K replies 80.8K views
JCLJCL Forumite
574 posts
Debt-free and Proud!
edited 4 January 2015 at 6:27PM in Mortgage-Free Wannabe
Welcome to the Mortgage Free Wannabe thread for 2014.

This is the thread for you to join fellow MSE forum members in setting a target for overpaying your mortgage in 2014 and sharing your progress over the year.

The list of those taking part and their targets for the year is at the bottom of this post. You can check progress in the 2014 MFW spreadsheet on Google Drive. If you can't view it for any reason, then you can also download the spreadsheet on Dropbox:
https://www.dropbox.com/l/pSua2VMj5WxXkQziQUci0s?

Once you've signed up to the challenge just post in this thread anytime you make an overpayment with the amount and your allocated MFW number. I will then include it in the next spreadsheet update which I will aim to carry out at least once a week.

You can join the challenge anytime during 2014 and any overpayment target is welcome.

Please let me know if you have any questions. Best of luck to everyone taking part!

Those taking part and their overpayment target for the year can be found below:

List of 2014 MFW numbers, participants and targets

1 - fluffysox £2,000 Target reached
2 - elantan £2,000 Target reached
3 - Froddington £4,000 Target reached
4 - black taxi £9,000 Target reached
5 - calicocat £800 Target reached
7 - kirstypark £14,000
9 - chirpchirp £10,000
10 - Southernman £3,500 Target reached
11 - lighthousescotland £1,500
12 - Lomcevak £6,000 Target reached
13 - VoucherMan £7,000
14 - rockabelle £19,500 Target reached
16 - Peonie £3,120
17 - Ang4k £5,500
18 - ecoelle £2,000 Target reached
19 - MiffyMFW £3,500 Target reached
20 - theyorkbrood £2,500 Target reached
21 - newgirly £15,000 Target reached
23 - muddywhitechicken £15,000
24 - yorkielass £13,710.48
26 - Tiniker £6,000
27 - QB Wolf £5,000
28 - MortgageFreeMimi £20,000
29 - Needhelpsaving £1,000 Target reached
30 - SuperSecretSquirrel £3,000 Target reached
31 - Facelessnumber £2,000
32 - stoplurking £1,200
33 - Gadfium £6,000 Target reached
34 - Lotti1982 £2,600
35 - greent £16,000 Target reached
36 - Gingerfell £3,436 Target reached
37 - endoftherainbow £19,600
38 - OS QS £15,000
39 - chocoholic_chick £4,000
40 - Crumpets £6,000
41 - JCL £25,000 Target reached
42 - slowlyfading £4,200
43 - MustKnuckleDown £15,000
46 - pavlovs_dog £2,000 Target reached
47 - grastgirl £3,000 Target reached
48 - gallygirl £23,237 Target reached
50 - lauraw82 £5,000 Target reached
51 - pollyanna24 £12,000 Target reached
53 - Mipmop £12,000
54 - Beckyy £2,500 Target reached
55 - XSpender £10,000
56 - apple muncher £11,600
57 - Shepherds wife £12,300
58 - Staffordia £3,600 Target reached
60 - BlueDaisy £5,000
62 - liz-paul £7,000 Target reached
64 - Uniongirl £1,500 Target reached
65 - suse* £5,100
66 - sammy70 £9,000
67 - Anna Glypta £6,200 Target reached
68 - skaps £6,000 Target reached
69 - Habibiboo £3,000 Target reached
70 - ajmoney £2,200 Target reached
71 - Retire at 50 £3,000
73 - PaddyPaws £2,000
75 - Calfuray £1,500
77 - mortgage_girl £11,000
79 - usa1 £40,000
80 - catslovelycats £2,000 Target reached
81 - norfolkdream £5,000
82 - girl afraid £2,000 Target reached
83 - marinia75 £12,000
85 - BlueMoo £3,000
86 - Upsy Staffordshire £3,500
88 - Tony_R £9,000
89 - darcyboo £4,000
90 - AvidSaver £3,000
91 - cookie9 £1,000
92 - icontinuetodream £10,000 Target reached
95 - rd07 £7,500
96 - teabody £1,000 Target reached
98 - PrincessLou £3,818.80
99 - elliejay £4,000 Target reached
100 - mortgage destroyer £5,000 Target reached
101 - glitterball £11,400
102 - twistedhazel £7,500 Target reached
104 - kitjos £2,000
105 - kansaskitty £1,907
107 - Gaz83 £3,308.53
109 - kate1979 £1,200
110 - kaz100jay £1,000
111 - Caeraugirl £9,000 Target reached
112 - easylife73 £750 Target reached
113 - happysocks £2,517
114 - secondtoughest £5,000 Target reached
115 - Jolaaled £9,000 Target reached
116 - catshark88 £1,200
117 - cheekyk2008 £2,000
119 - Coulddobetter £1,200
120 - sweepster £6,000
121 - kandfs mam £3,000
122 - frugalliving £1,800
123 - Sundaysgirl £12,000 Target reached
124 - laura_hoggle £4,000
125 - kmcld2 £2,000
126 - Welshlassie £1,000 Target reached
127 - Marie27lol £2,500 Target reached
128 - Flower of Scotland £6,000 Target reached
129 - freddykrueger £7,000
131 - Supadupa £8,000
132 - kbl €12,500
133 - ixia £3,900
134 - Chops23 £2,500 Target reached
135 - Time to face the music £2,000 Target reached
136 - Jay125 £5,900
137 - Kerfuffle £10,000
138 - Missu £500
139 - Matterhorn £2,000
143 - Ruthy1604 £8,000
147 - Tahlullah £2,400 Target reached
148 - NewMoneySaver13 £2,000 Target reached
150 - ElusiveLucy £6,000 Target reached
MFW 2015 #41 = £20,515/£20,515
MFW 2014 #41 = £26,100/£25,000
MFW 2013 #41 = £10,000/£10,000
Original MF date = May 2036 - MF achieved on 15 June 2015
«134567131

Replies

  • haras_nosirrahharas_nosirrah Forumite
    2.2K posts
    ✭✭✭✭
    new much bigger mortgage and new mortgage free wanabee. Will be taking out a mortgage for £224,000 when we move and aim to overpay £6k next year
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • edited 1 December 2013 at 9:29PM
    chirpchirpchirpchirp Forumite
    2K posts
    edited 1 December 2013 at 9:29PM
    Hi I'd like to take part. I'd like to to do an overpayments of £10000 which will be a mixture of savings and direct overpayments to the mortgage.
  • edited 15 December 2013 at 10:56PM
    froddingtonfroddington Forumite
    6.7K posts
    Part of the Furniture 1,000 Posts Combo Breaker
    ✭✭✭✭
    edited 15 December 2013 at 10:56PM
    Thanks for taking over JCL

    Please can I keep my number? Thanks.

    No 3 aiming for a £4000 OP in 2014
    "There's only one way of life and that's your own" - Levellers

    "I'm feeling like a Monday but someday I'll be Saturday night" - Bon Jovi
  • LomcevakLomcevak Forumite
    949 posts
    Eighth Anniversary 500 Posts Name Dropper
    ✭✭✭
    Yes please, £6000 OP in 2014 for me :)
    MFiT-T5#6, £50k to zero: £49,907/£49,907 (100.00%), 2020 MFW#8 £4,763/£4,763 (100.00%)
    £50k-in-’20#27 £39,676.24/50,000 (79.35%)
  • Hi,, I would like to join! Target of .... £1500 please. (this may change). Can I have my number please, #75 :)

    Thanks!
  • Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.
  • muddywhitechickenmuddywhitechicken Forumite
    3.9K posts
    ✭✭✭✭
    Thanks JCL :T

    My target for 2014 is £15,000

    MWC
    No. 23
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£29,500 :j
    Current total overpayments: ~£128,750
  • Hi, Would like to join this year. Plan on overpaying £20K this year unless we find a new house :). Thanks for organising this years challange JCL, have a lovely xmas to all mortgage savers :beer:.
    Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74

    Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
  • PeoniePeonie Forumite
    1.5K posts
    Hi, after a couple of years of being absent from this challenge I would like to join. My target will be £3120. Thanks.
    Pots: House £6966/£7100, Rainy day Complete, [STRIKE]Sunny day £0/£700[/STRIKE], IVF £2523/£2523, Car up-keep £135/£135, New car £5000/£5000, Holiday £1000/£1000, MFW #16 £2077/£3120
    MFiT3 #86: Reduce mortgage from £146,800 to £125,000
    Mortgage Sept 2014: £135,500, MF Oct 2035 Peak July 2011: £154,000, MF July 2036
  • toerag33toerag33 Forumite
    160 posts
    Hi

    I want to continue next year and if possible would like to keep my numbers.
    No6: toerag33 - target still to be set & No8 toerag33btl - £6000.00

    Thank-you

    toerag33
  • :) Thank You so much JCL. Please can I be added to the list for 2014 if possible keeping with number 11. My target for 2014 is 2100. :)
    MFW - number 11 :)

    OP Target for 2014 £1500 Mortgage now £43745
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