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Feeling Inspired! - PsychoPrincess MFW Progress

135

Comments

  • Had a very busy week teaching people to drive - another £250 OP sent, the 4th in a week!
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
  • daunker
    daunker Posts: 25 Forumite
    Part of the Furniture Combo Breaker
    Well done, keep up the good work! :D
  • Got another £180 from DJing a wedding at the weekend, so that's another overpayment winging its way to Abbey.

    I got a letter today from Abbey confirming that the first overpayment I sent last week has arrived. (today is OP number 5!) I have asked for the monthly payments to stay roughly the same, and for the term to be decreased. The current expiration date of the mortgage is 15 August 2028. I didn't realise that they would confirm that information each time I make an OP, so I am looking forward to seeing that date creep earlier!
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
  • Received a letter confirming my 2nd OP. The expiry date of the mortgage is now 15th June 2028, that's another 2 months off! :p
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
  • evab_2
    evab_2 Posts: 2,336 Forumite
    well done, excellent progress!
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Well done:T:T
  • Got letter confirming the 3rd overpayment I sent (I have sent 5 in total). I have knocked 1 more month off the overall term :D
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    Well done you:T:T:T
  • well done - I sense you're becoming more than a bit addicted to this...
  • I think I probably am, but I guess there's worse things to be addicted to!

    It is nice to see the months being chipped away, but it has really driven home quite how much over-paying it takes to reduce it even by a few months! It seems almost impossible to imagine paying it off much sooner than the original term :o
    MFW - £59,536 outstanding 31 December 2007
    Current balance £56,835.74
    1st OP 28 July 08 - 7 OPs so far - Total OPs £1,460
    Original End Date 15 Sep 28 - New End Date 15 Nov 27
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