2009 MF Wannabe's

co123456

Excellent. Something I forecast would drop in February has been paid this month therefore I’ll be lopping an additional £2451.40 off the mortgage. I will be routing this via my Egg Money card and paying Northern Rock with the card to get the 1% cashback. Total cashback in time for the March payment from Egg will have reached the £200 limit. I’m forecasting this £200 as an overpayment in March.
It’s all good.

longway2go

Ok I thought I would let you all know how I am getting on - or not as the case may be!!:mad:

I had been so determined that this month was going to be my first big overpayment on my mortgage and imagined it would be about £500, unfortunatley I have had quite a few unexpected expenses come up this month which have cost me quit a bit! So now I am going to be making only a £75 payment instead.

I feel a bit upset as I was so determined to make it work - fingers crossed that next month will be better.

Sorry to be negative, hope everyone else is doing ok and that I will have a better report next month (Zav I will PM you).

zavarony

Just found out today that my mortgage rate has been dropped in line with the last interest rate cut - :j only paying 2.19% now although Im still waiting for the phone call to tell me how much the min payment should be

belfastgirl23

longway2go wrote: »

Ok I thought I would let you all know how I am getting on - or not as the case may be!!:mad:

I had been so determined that this month was going to be my first big overpayment on my mortgage and imagined it would be about £500, unfortunatley I have had quite a few unexpected expenses come up this month which have cost me quit a bit! So now I am going to be making only a £75 payment instead.

I feel a bit upset as I was so determined to make it work - fingers crossed that next month will be better.

Sorry to be negative, hope everyone else is doing ok and that I will have a better report next month (Zav I will PM you).

Try to look at it that at least you had the money for the extra expenses and didn't have to go into debt for them. That's pretty important too! And well done on your overpayment.

longway2go

Yeah, I know I am trying to stay posative (honestly!). £75 is still £75 towards my target and this time last year I hadn't even thought about overpaying.

Thanks

nic283

Hi folks. This month I will be making my first ever OP (mortgage started Apr last year) of just over £2000 as we can only make them in January. Next year's OP won't be as good as we're going to Florida this year (we won't be doing this every year!) and need to save the pennies for that.

Good luck everyone! :beer:

katiegizmo

zavarony wrote: »

Just found out today that my mortgage rate has been dropped in line with the last interest rate cut - :j only paying 2.19% now although Im still waiting for the phone call to tell me how much the min payment should be

omg - i so wish my mortgage was 2.19%!!!!!!!

rumncoke

Made a further OP today of £258, so total of £442 so far. Really chuffed with this as already £92 over planned OP. Hopefully will make another OP on 26th when OH gets paid.

rumncoke

longway2go wrote: »

I feel a bit upset as I was so determined to make it work - fingers crossed that next month will be better.

Sorry to be negative, hope everyone else is doing ok and that I will have a better report next month (Zav I will PM you).

You may not have OP as much as you would have liked but every little helps & at least you had got the money for those unexpected expenses.

SmileyG_2

Hello everyone:hello:

I am finally on the "Overpayment train":j

Just checked my current account and the first £250 payment has departed. Its not yet showing against the outstanding mortgage balance, but I want to feel good so I'm claiming it anyway! :beer:

Zav, I will pm you with the details

SmileyG