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2009 MF Wannabe's
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another £750 down, so £8,750 so far this year - should beat the plan29/01/07 - Took on our first home for £225k, mortgage of £200,700, reduced to £70,224.44 in 6yrs
16/11/12 - Moved to our forever home for £427k, mortgage of £270,999
MFIT-T3 #2 - Reduce (new) mortgage from £270k to £225k whilst renovating and with our first baby on the way! £265,654.56 so far0 -
Hi Zav
Tried to PM but it's still reporting the error message quoted by FinancialBliss.
My June overpayment is £1368.35.
Thanks
Switchy (168)Mortgage #1 Oct 2008: £130,000Mortgage #2 Jun 2010: £60,000Both completely offset: 22/12/20110 -
Hi folks, sorry I'm so late again, things have been a tad mental for of late.
Managed a £500 OP for May but this week things have started to look bleak as MrsBlackCat has lost her job... been coming for a while but is still a bit of a shock when it happens. Her payoff would enable us to carry on as normal, OPing the mortgage etc. for another 3 months or so, but if she can't find anything else in the meantime we'll end up having to take some of these hard earned OPs back out of the mortgage again, not good! The other option is to stop OPing until she can get something sorted, which would make her payoff last longer. Better return would probably be with the former option but this probably isn't the best option psychologically! Any advice anyone?
Either way, looks like we won't be able to make any OP at the end of this month as she will only be paid for the beginning of the month, and we don't know when her settlement cheque will be sorted. Gives us the chance to have a proper think about our situation though I guess!2009 MFW #199 - OPs / Target: £3800 / £35000 -
Sorry to hear about Mrs Black Cat's job. Fingers crossed she finds a new one soon.Looking for the perfect home and saving to make becoming a MFW easier
MFiT3 48103/50000 Saved So Far :j0 -
Hi Zav,
I've not been on for ages and don't know if I've talked to you about my aims for this year or totals for last year so hope you will bear with me. I know I did well last year and am on target for this, so as soon as I have all the info ready, I will post it
Congrats to everyone, there seems to be a lot of very dedicated OPing going on here nows, goodluck to all.
HWGA (119) xxlost 3stin 4mnths GC nov£90/£51.65 July£100/£97.67 Aug£90/£18.59LBM Nov05 Loan £4910.65 Paid April07 sealed pot challenge#256Nov06 CC £2,590.56 Paid aug07 + Savings07/08 Night Owl 22#Mortgage £87,000/£84,000/ £82,261.00/£81,785.30 £80,268/£75402.00/£71229.15 DFW NERD 987 Long Haul member 125 debt free 24th aug 070 -
Hi Zav,
Just worked it out for 2009 so far:-
Jan = OP of £809.70
Feb = OP of £379.13 = Total OP = £1188.83
Mar = OP of £1314.43 = " " " " = £2503.26
April = OP of £1349.19 = " " " " = £3852.46
May = OP of £1382.56 = " " " " = £5235.01
June = OP of £1382.56 = " " " = £6617.57 so mortgage still owing now only £75,402.00
so I'm in front of my target of 10,000.00 this year, if I can keep this up so wish me luck.
HWGA(119)
xxlost 3stin 4mnths GC nov£90/£51.65 July£100/£97.67 Aug£90/£18.59LBM Nov05 Loan £4910.65 Paid April07 sealed pot challenge#256Nov06 CC £2,590.56 Paid aug07 + Savings07/08 Night Owl 22#Mortgage £87,000/£84,000/ £82,261.00/£81,785.30 £80,268/£75402.00/£71229.15 DFW NERD 987 Long Haul member 125 debt free 24th aug 070 -
Hi all,
Just want to let you know I'm still here, I have a full inbox so sorry if PM's have been bounced back to you, its been ages since I was last on but just a quick update before I start updating the May and June totals....
I have now moved house - woo hoo, still dont have the web at home but should be on soon, been on holiday, handed in all my assignments for Uni and am in the middle of preparing for my exams in a fortnight, once they've been and gone I have no excuses for letting MFW 2009 slip!
I will catch up on the thread over the next couple of days and update the totals,
Zav
xxMFW 2010 Challenge (No 68) - £133.29/ £5000MFITT2 Challenge - (No 181) - Target Reduce mortgage to £130,000Mortgage @ 1.8.09 - £161160 :eek: @1.12.09 - £159052 :eek: @ 1.2.10 £157,3630 -
A quick update from me - we have now made another adjustment to our OP's which means we're now overpaying by 34% - and have now taken a total of 7 years off our original date. MF date currently stands at May 2021. :j🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0 -
Another £100 standing order went off today.Good luck to everyone:beer:0
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