2009 MF Wannabe's

gallygirl

Oops, have been forgetting to update on here & to Zav . Now done so.

Target - pay off 15k

1st October - paid off £13,612.34 :j

Nearly there :T

Good work everyone :beer:

SusanneCape

Hi everyone,

316 checking in: In addition to the £50 I paid earlier in September, I managed to pay another £1000 on my mortgage on 29 September.

MFW Challenge (No 316):
Target Dec 09: £160,000/ £1,050 / Balance Sept 09 = £164,312.06 :j

Moniker

Number 133 checking in. Made the usual £500 OP in Septmeber and my balance after the normal October payment went on is now £22963.94. Will pm you zav and update my sig.

Thanks folks

Moniker

waughc01

229.waughc01 - £5000/ £750 / £4550

Looks like we will be ahead of our target for the year. Got the bug now!

cha97michelle

I just wanted to report in that my overpayment for September was £279.65, taking my 2009 overpayments to £18,926.61.

I'm expecting October to be a very slow one for me as there is so much going on here at the minute.

• Me with no wages coming in now.
• holiday away for a week, so will cost us for the cattery and our spends, although we are not planning an awful lot - mainly walking and hopefully digging on the beach, and one day at the zoo.
• DS1's 3rd birthday
• my 4th wedding anniversary
• home computer has died so needs to be fixed or repaired before i lose my sanity preferably.
• needing to save cash to pay off the rest of our next hols next month, plus my car insurance
• starting to buy christmas presents

I'm feeling so proud of myself this year though, so i just need to pay 'something' off to keep the feeling and i will be happy.

Michelle x

ajmoney

MFW 310 checking in

My aim was to OP £700 this year and with this month's OP I have taken it to £730 :j:j obviously I am going to keep going. With my final 2 OPs I will have paid £930, it will be a shame not to round it up so I am going to aim to take it to £1000 by the end of the year

llydaw

NO 120 here. September overpayment of £701. Pay day is on the 15th of the month so I make the o/p at the end hence late payment. Well done on all the overpayments everyone.

co123456

SmileyG wrote: »

Fanatastic news! Is there a new NSE challenge awaiting you now?

SmileyG

Yup.... replace the 1.9K I just stole from my Stooze-pot to pay for a week in the Cannaries at half term. That'll give me something to do ;-)

Topaz7

Hi - No 167 Reporting in for OCTOBER
I have had to change my user name from TOPAZ to Topaz7 as for some reason the system has lost me.

Here is my October Status
Mortgage reduction in month £1,178
Mortgage reduction YTD £17925
New Mortgage amount £151,975

I should reach my target next month - 1 month early. Going to set myself a tougher target for next year

Thanks
Topaz7

sheslookinhot

Well fellow MFW's, another months payment means my mortgage balance is now only £6,425. Two months to achieve my 2009 target. It's been great to see the "mortgagebalanceometer" winding down another thousand, 13k at the start of the year to just 6.4k. I look forward to the December payment when it will be just 5k.

I know when your mortgage is large the overpayments might not seem to make a dent in the mortgage balance, but keep at it because over time you will enjoy the sight of your mortgage balance diminishing to the day it is zero.

I started off with a £40,000 interest only mortgage in 1991 and the lightbulb came on about 3 years ago. Switched to a 50/50 Repayment and I/O and saw the outstanding balance reduce on a monthly basis. I increased my payment by 3 times in Nov 2007. Now I have £5,000 I/O and only £1,425 repayment.