uzubairu's Mortgage Free Journey

uzubairu

Early this afternoon I was thinking that my chances of being successful in the ballot for a place in The Great North Run (half marathon), were probably nil.

A friend of mine said they had applied two years in a row and didn't get through, so they got a place by raising money for a charity (they had to raise at least £350 for the charity they chose).

Today, I spent over an hour researching charities to run for before I went out to run some errands.

Just got in and checked my Inbox and I have been given a place. :j

I've got the next 7 months to do some serious training.
Wish me luck!

misscousinitt

Good luck with the training...great result with the place.

uzubairu

Interest from a maturing Regular Saver hasbeen added today, so that is another £80 towards overpayments.
February overpayments are:- £1980.

uzubairu

February Update

I made an extra payment of £300 (eBay sales) on 29th February so overpayments for February = £2,200.

Just updating my February summary.

2012 Mortgage starting balance = £65,703.71
2012 Overpayment Savings starting balance = £23,991
2012 Net Mortgage starting balance = £41,712.71

February Update:-

Month / Payment / Overpay / Daily Int / OP Savings / Mortgage /Net Balance.
Jan / 581.13 / 2,590.00 / 4.14 / 26,597.00 / 65,246.73 / 38,649.73
Feb / 581.13 / 2,200.00 / 4.11 / 28,797.00 / 64,793.25 / 35,996.25

Total overpayments (Year To Date) = £4,790.00

uzubairu

March Update

The net mortgage figure will also be used for the MFiT-T2 quarterly update.

2012 Mortgage starting balance = £65,703.71
2012 Overpayment Savings starting balance = £23,991
2012 Net Mortgage starting balance = £41,712.71


Month / Payment / Overpay / Daily Int / OP Savings / Mortgage /Net Balance.
Jan / 581.13 / 2,590.00 / 4.14 / 26,597.00 / 65,246.73 / 38,649.73
Feb / 581.13 / 2,200.00 / 4.11 / 28,797.00 / 64,793.25 / 35,996.25
Mar/ 581.13 / 1,800.00 / 4.08 / 30,705.00 / 64,338.74 / 33,633.74

Total overpayments (Year To Date) = £6,590.00

evab_2

Well done with all the overpayments, your figures are looking fantastic.

How's the training going? I'm doing the Chester 1/2 in May so out plodding most days x

uzubairu

I am getting better with the training and managing 5 days a week now (as workload has settled down at work).

I still can't believe that I'll be doing a half marathon in September.

Funkygibbon

Just been reading your diary! I have now subscribed!!

Good luck with the Manchester run! I'm doing it as well! Not brave enough to do a half marathon yet though!
You look like you’re doing really well with ebay, do you have any tips!!

uzubairu

Funkygibbon wrote: »

You look like you’re doing really well with ebay, do you have any tips!!

Before I throw anything away, I check on eBay for completed listings of the items to see if there is someone who is prepared to pay money for it.

I usually use 'Buy it Now' or Best Offer, so that I can have some guarantee of what I will sell an item for.
Sometimes an auction can be a real lottery and you can get a lot more (or less) than you expect.

misscousinitt

Nice tip for e-bay. Never sold anything, but DH has loads of stuff that we may be looking at selling in the not too distant future.

MCI