The Mortgage Free in Three - Take 2 challenge (MFiT-T2)

mortgagenomore_2

hi sorry just a quick question do we update google docs regularly or just every quarter? as ive made an overpayment today do i update it now?

cake21

mortgagenomore wrote: »

hi sorry just a quick question do we update google docs regularly or just every quarter? as ive made an overpayment today do i update it now?

I think we update our outstanding balance via google docs at the end of each quarter. I posted here earlier on because I was rather excited :j:j suspect same applies to a few of us

FunnyRabbit

cake21 wrote: »

I think we update our outstanding balance via google docs at the end of each quarter. I posted here earlier on because I was rather excited :j:j suspect same applies to a few of us

Oops, I did mine today

Sorry FB.

WorkingHardDFW

My first overpayment went off this month and yesterday we got a letter from the N/wide today saying because we overpaid our mortgage this month they'll reduce the regular monthly repayment What!! A quick call changed the reduced monthly repayment to a reduced term (£500 knocked roughly 2 months off the term ) which will now happen each month. Therefore by the end of the year our term will have reduced to a mere 10 years! Mind you once we're DF and organised I want to reduce the term by a couple of years.

Very motivating :rolleyes:

I must go online and check the actual balance as well now!

FunnyRabbit

Made another payment this morning of £14.27

mortgagenomore_2

Well done FR its amazing what difference a small amount can make!

brizzledfw

Made an overpayment of £100 on 5th in addition to the increased monthly payment that we are planning to make every month. Set up as a bill payee in my online banking and it should allow me to feed through bits and pieces as I can. Can't think why I didn't do it last year but better late than never. I have also joined QuidCo and have my first deposit - after the fee its only £4.20 but if we carry on using cashback sites when we make online purchases it can all go against the mortgage. Yippee

Still waiting for my mortgage statement for 2009 - then I can update my googledocs every quarter.

uzubairu

brizzledfw wrote: »

I have also joined QuidCo and have my first deposit - after the fee its only £4.20 but if we carry on using cashback sites when we make online purchases it can all go against the mortgage. Yippee

I always try to use Quidco when making purchases.
It soon adds up.

Even when I am in a real shop and see an item I am planning/wanting to buy, I will think 'Can I buy this online and get cashback?'
If the answer is 'Yes' I make the purchase online when I get home.

Since joining in November 2006, I have received £1,578 from Quidco alone.
I do use other cashback sites (another £400 from them), but from my experience even with a £5 fee Quidco has been the one that hasn't let me down at all.

FunnyRabbit

I too have found Quidco to be great (I know it has its critics) and have made around £650 since October 2008, mainly from shopping, especially now they do the 1% ASDA groceries cashback.

taxi73

It'samazing all the stuff that can be done to save a few pennies to go to the mortgage and it soon mounts up.