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  • FIRST POST
    • JCL
    • By JCL 1st Dec 13, 8:00 PM
    • 564Posts
    • 1,201Thanks
    JCL
    2014 mfw
    • #1
    • 1st Dec 13, 8:00 PM
    2014 mfw 1st Dec 13 at 8:00 PM
    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
    Last edited by JCL; 04-01-2015 at 5:27 PM.
    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
Page 1
    • haras_nosirrah
    • By haras_nosirrah 1st Dec 13, 8:03 PM
    • 1,757 Posts
    • 3,033 Thanks
    haras_nosirrah
    • #2
    • 1st Dec 13, 8:03 PM
    • #2
    • 1st Dec 13, 8:03 PM
    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.
    • chirpchirp
    • By chirpchirp 1st Dec 13, 8:05 PM
    • 1,937 Posts
    • 3,822 Thanks
    chirpchirp
    • #3
    • 1st Dec 13, 8:05 PM
    • #3
    • 1st Dec 13, 8:05 PM
    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.
    Last edited by chirpchirp; 01-12-2013 at 8:29 PM.
    • froddington
    • By froddington 1st Dec 13, 8:06 PM
    • 6,673 Posts
    • 94,139 Thanks
    froddington
    • #4
    • 1st Dec 13, 8:06 PM
    • #4
    • 1st Dec 13, 8:06 PM
    Thanks for taking over JCL

    Please can I keep my number? Thanks.

    No 3 aiming for a £4000 OP in 2014
    Last edited by froddington; 15-12-2013 at 9:56 PM.
    "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
    • Lomcevak
    • By Lomcevak 1st Dec 13, 8:21 PM
    • 807 Posts
    • 4,733 Thanks
    Lomcevak
    • #5
    • 1st Dec 13, 8:21 PM
    • #5
    • 1st Dec 13, 8:21 PM
    Yes please, £6000 OP in 2014 for me
    MFiT-T5#6, £50k to zero: £19,912/£49,907 (39.90%), 2019 MFW#8 £28,972/£40,000 (72.43%)
    £60k-in-’19#6 £35,952.48/£60,000 (59.92%)
    • Calfuray
    • By Calfuray 1st Dec 13, 8:42 PM
    • 993 Posts
    • 5,920 Thanks
    Calfuray
    • #6
    • 1st Dec 13, 8:42 PM
    • #6
    • 1st Dec 13, 8:42 PM
    Hi,, I would like to join! Target of .... £1500 please. (this may change). Can I have my number please, #75

    Thanks!
    • muddywhitechicken
    • By muddywhitechicken 1st Dec 13, 8:49 PM
    • 3,922 Posts
    • 36,058 Thanks
    muddywhitechicken
    • #7
    • 1st Dec 13, 8:49 PM
    • #7
    • 1st Dec 13, 8:49 PM
    Thanks JCL

    My target for 2014 is £15,000

    MWC
    No. 23
  • exarmydreamer
    • #8
    • 1st Dec 13, 8:50 PM
    • #8
    • 1st Dec 13, 8:50 PM
    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 .
    Mortgage: Aug 12 £114,984.74 - Jun 14 £94000.00 = Total Payments £20984.74 [B]

    Albert Einstein - “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
  • Peonie
    • #9
    • 1st Dec 13, 8:52 PM
    • #9
    • 1st Dec 13, 8:52 PM
    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, Sunny day £0/£700, 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
  • toerag33
    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
    • lighthousescotland
    • By lighthousescotland 1st Dec 13, 9:19 PM
    • 107 Posts
    • 902 Thanks
    lighthousescotland
    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
    • VoucherMan
    • By VoucherMan 1st Dec 13, 9:24 PM
    • 2,588 Posts
    • 5,099 Thanks
    VoucherMan
    Yes please JCL.

    A more ambitious target for me next year. Going to try for £7000. Any number will do thanks although if Mortgagefreeby50 isn't bothered I'll gladly take no.13 then I can have the same number for both

    Looks like you've already got a few newcomers
    Names I don't recognise anyway.

  • sarahevie
    Would like to join please.

    Would like to keep my number 22, as it's also my bday (so easier to remember).

    Target £6000 as this keeps me on target to be MF in 5 years.
    OPs so far £42,139
    Original end date Nov 2037 (53) Current end date June 2024 (40) Aiming for 5 years to be Mf
    DD1 Oct 2008, DD2 Jul 2010, DD3 Aug 2013
    When life is getting me down I try to remember to thank God for the blessings
    • newgirly
    • By newgirly 1st Dec 13, 10:00 PM
    • 6,720 Posts
    • 46,652 Thanks
    newgirly
    Hi , I would love to join again this year please and if possible keep my current number of mfw 21 Can I update with a target later on when I've worked one out too, thanks jcl
    MFW 21

    £72,866.48 left target £10k/ £6,133.52 in 2019
  • Ang4k
    I would like to join and am trying for £5500 for 2014
    • Marie27lol
    • By Marie27lol 1st Dec 13, 11:00 PM
    • 249 Posts
    • 1,106 Thanks
    Marie27lol
    Howdi JCL


    Count me in too (and if possible, can I keep my number of #127.


    Umm, think I am going to stick with the same OP target of £3,000; as we have the garden to finish off and I would like a new boiler before next Christmas.


    M
    Got the House, MF aim to do this WAY before 60, and preferably out of it by 50!

    MF2018 #127 £3,150 / £5,500 WOOT lower M rate!

    2012-£3k ; 2013-£3,1k ; 2014-£3,325 ; 2015-£3,825 ; 2016-£2,050 (reduced to £2k) ; 2017-£3,275
    • endoftherainbow
    • By endoftherainbow 1st Dec 13, 11:22 PM
    • 46 Posts
    • 263 Thanks
    endoftherainbow
    Hi JCL and well done for taking this on. I'd like to sign up to the 2014 challenge please with a target of £10,000. Happy to keep no.37
    • Kerfuffle
    • By Kerfuffle 2nd Dec 13, 3:39 AM
    • 1,308 Posts
    • 11,554 Thanks
    Kerfuffle
    Please count me in again. My target is 10000.00gbp and I don't mind what number I have.
    Sealed Pot Challenge 12 #58
    2019 - The Year of the Shopping Ban.
    No wants, just needs.
    24011.00/6484.24
    150lbs/152.6
    • elantan
    • By elantan 2nd Dec 13, 3:43 AM
    • 19,871 Posts
    • 53,346 Thanks
    elantan
    Would love to join if possible? Not too bothered if I keep my number or not ... What ever is easiest for you my number was 2 if that helps any

    Sadly we have a few things planned for this year so my aim will be £2k but like last year if I start to reach it I will up it as I go

    Thanks for carrying on the great work of previous years
    march 2011-july2019 8 years and 4 months ... or 100 months and counting
    "what would you do if you knew you couldn't fail.... enjoy the adventure" " to my own self be true"
    • kirstypark
    • By kirstypark 2nd Dec 13, 6:29 AM
    • 768 Posts
    • 3,528 Thanks
    kirstypark
    I would like to join again please and will aim for £14,000 same as this year's target, but, unlike this year, will try and avoid buying a huge old house in the middle of 2014 I would like my old number of lucky 7 please?
    mortgage 1 33,000. paid nov 2012 . mortgage 2 87,000 due 51,686.76 at july 2013, but then:new home and remortgage ... £101065.43 now 74k
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