My Mission For Overpayments Starts With My Cow Jug!!

SmlSave

I can see it!

Treacle_Toes

Hi TP

We had double glazing a couple of years ago and had some quotes from the larger companies. They were very pushy to get you to sign there and then and said they couldn't offer the same price the next day!

We also contacted a local firm who just really do work in our town and their price was half! We went with them and it was all done within the week - actually it only took a morning. They were so good that my parent's had their conservatory done with them, and their neighbour had their front door replaced with them.

So I'd recommend contacting a small local firm and try to ignore all the half price/back done free offers as you'll probably get a better service from the people who actually fit windows rather than just a salesman and a cheaper price.

Good luck

TT

trudypretty

thanks for that TT, i have thought about that already as a lot of people have said that to me...i don't like it when salesman from the larger companies knock on the door trying to get me interested. We have seen the local companies working on other peoples houses in the area...and they seem to do a tidier job...and offer the best service..so i will be calling local people for quotes.

luckyyou for having got your double glazing already!! can't wait..although with only 80.00 in the fund so far it may be a while yet!!

trudypretty

just been shopping...again didn't reach my budget....so got 5.00 cashback in 50p's for my jar!! although think this jar is now going to be split between double glazing fund and op's.

strumpet

trudypretty wrote: »

thanks for that TT, i have thought about that already as a lot of people have said that to me...i don't like it when salesman from the larger companies knock on the door trying to get me interested. We have seen the local companies working on other peoples houses in the area...and they seem to do a tidier job...and offer the best service..so i will be calling local people for quotes.

luckyyou for having got your double glazing already!! can't wait..although with only 80.00 in the fund so far it may be a while yet!!

£80 might just be enough to buy the hole that you can see through.
The glass is extra of course!!!:rotfl: :rotfl:

Keep going - you'll get there!

Strumpet
xxx

trudypretty

thanks for that strumpet...if only the glass wasn't quite so expensive!!

trudypretty

just had my mortgage statment through for the year 2007-2008...and my total overpayments equal £795 for the year...how would i know how much interest has been saved for that period??????

strumpet

There is a complicated formula for working it out but when I took out my mortgage, it stated the total amount I would have to pay back over the lifetime of the mortgage. This equates to so much per £ that you borrowed, so a quick calculation would be £795 x this figure. It's the method I use as it's quick, albeit a little rudimentary:

Eg
You borrow £100,000 over 25 years at x%
Your lender says you'll pay back (for argument's sake) £250,000 if you just pay the minimum amount for the 25 years.
That means that for every £1 you borrowed, you'll pay back £2.50 (£1 capital and £1.50 in interest)

Hence an overpayment of £795 would be the equivalent to paying back £795 x £2.50 = £1,987.50. (ie £795 capital and £1,192.50 in interest)

It's not a truly scientific calculation as the overpayments have not been paid off in one go but spread across the year, but it's a fairly good guess. It's certainly close enough for you to feel good about it!!!

Somebody more qualified will be along in a min to work it out to the nanopenny.

Strumpet

trudypretty

thanks strumpet...sounds far too confusing!!! maybe i will just stick to knowing that i have managed to pay £795 in o/p's and somewhere along the line i have saved interest!!! still feel the satisfaction anyway xx

trudypretty

heres my weekly update - have paid £25.00 off as op on mortgage today so total so far for november is 65.00, also paid 90.00 into double glazing fund..so total for that 180.00!! :T

all in all a good week....as also managed to start christmas shopping....spent £100 cash only ...am determined not to use credit card this christmas!!! :rotfl: