2009 MF Wannabe's

katiegizmo

hello....

i havent managed any over payments yet either, although i have set up a standing order for £10 a month starting February. only a small amount but it means even in the bad months i'll be overpaying something!

i used to overpay a lot more but i've moved to a larger house now and the mortgage payments are a lot bigger! also realised we need to do more decorating/changes to the house than we first thought... including a new boiler, so that'll take up even more of our budget!

i've been thinking when my goal should be and have decided i want to be mortgage free at 40... that gives me just under 12 years achieve it in! which basically will half the life of the mortgage

vwchris

Hi there, #222 checking in....

Aim is to reduce mortgage to £148,000.
Total capital repayment required in 2009 is £10,340.
This months capital repayment is £940.

Cheers :beer:

glitterball

Just signed up for Nationwides online banking so I can monitor my mortgage online monthly, I didnt realise I could do this as I only have my mortgage with them.
Only trouble is I'm going to become obsessed with keeping the balance at a nice rounded figure;)

gallygirl

glitterball wrote: »

Only trouble is I'm going to become obsessed with keeping the balance at a nice rounded figure;)

And this is a problem? Oops, a few people on here have issues then :rotfl:

Do NW update daily (in which case I concede it might be a problem :rotfl:) or monthly? I'm with Egg which is great in that you can transfer money in & out v easily, but although offset updates instantly the mortgage only changes monthly.

uzubairu

gallygirl wrote: »

And this is a problem? Oops, a few people on here have issues then :rotfl:

Do NW update daily (in which case I concede it might be a problem :rotfl:) or monthly? I'm with Egg which is great in that you can transfer money in & out v easily, but although offset updates instantly the mortgage only changes monthly.

I have online access with my Nationwide mortgage and interest is added daily, so the figure will change every day.

Lynn11

I have access to my nationwide mortgage online and it is addictive but I try to limit myself to at least 2 or 3 a month. It is good to see the amount coming down after overpayments and your normal payments.

zavarony

Well I finally got off my backside and sent of the first bank charges reclaiming letter - thought I'd post that on her just because 1) I am pleased with myself for doing it and 2) whatever we reclaim (if anything at all) will be paid into the mortgage fund - heres hoping!!!

I am waiting to find out what my min payments for my mortgage are these days since the rates went down, all I know is that my monthly payment is £1000 and that includes the OP - but since I dont know my min mortgage payment I dont know how much I am OP'ing!!!

co123456

zavarony wrote: »

I dont know my min mortgage payment I dont know how much I am OP'ing!!!

Same here. Sounds strange when I explain to people that I have x thousand pound worth of 'debt' on credit cards and I only ever pay the minimum, and I also am uncertain what the minimum monthly payment on my mortgage is.

I get odd looks.

[Deleted User]

zavarony wrote: »

Well I finally got off my backside and sent of the first bank charges reclaiming letter - thought I'd post that on her just because 1) I am pleased with myself for doing it and 2) whatever we reclaim (if anything at all) will be paid into the mortgage fund - heres hoping!!!

quote]

Well done Zavarony..am still waiting to hear back from the data protection letters I sent. Heres hoping for a few pennies for both of us!

I skimmed the thread but didnt see - are we pm'ing you the totals on a calander month (ie end of Jan?). Payday for me Thursday - please, please let them have put my expenses etc in! I worked away for 17 days in Dec - thats a lot of subs to claim back!

zavarony

I skimmed the thread but didnt see - are we pm'ing you the totals on a calander month (ie end of Jan?). Payday for me Thursday - please, please let them have put my expenses etc in! I worked away for 17 days in Dec - thats a lot of subs to claim back![/quote]


Thanks Crazylady - just let me have your total when you know it, I am updating as I go along rather than all in one sitting - IYKWIM

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