We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mass 'Overpay your mortgage day' - * NOW * 4th July

Options
12357…12

Comments

  • Wanna_Be_Mini_Dave
    Wanna_Be_Mini_Dave Posts: 26 Forumite
    Wow, I wish I would of found this thread sooner. Better late then never ;)

    I was trying to think of something creative to do, but sadly my OH is the creative one in the family ;) My best idea so far, and the one I'm going to go with is.......pay $10 extra on my mortgage for every reply in this thread.

    As I'm typing this there are currently 40 replies (mine will be 41) so I have to overpay by $410. The total amount will continue to go up, officially stopping on July 4th, 9pm (pacific time zone).

    I plan on paying for this by working overtime and weekends. (right now is a busy time of year for me, and my boss is allowing as much overtime as we want)
    Mortgage 2006: $265K :mad:
    Mortgage Jan 1st 2009: $204K:T
    Current Mortgage: $179K :beer: :j

    MFiT-T2: #82 :D
  • whitewing
    whitewing Posts: 11,852 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Lol, that'll be another tenner then WBM Dave!
    :heartsmil When you find people who not only tolerate your quirks but celebrate them with glad cries of "Me too!" be sure to cherish them. Because these weirdos are your true family.
  • poppyoscar_3
    poppyoscar_3 Posts: 1,566 Forumite
    Mortgage-free Glee!
    hey wbm dave - that just makes me want to keep bumping the post!

    lol

    PO xx
    :D2010 MFW Challenge No. 112 Mortgage paid in full 27/08/10 I was MF!!!:D
    But now I'm not - (Joint) Mortgage £104704.
    New MFW target £5000 overpayments by 31/12/2105 £400/£5000 = 8%
    SAVINGS TARGET - £25000 by 31/12/2015 £13643/£25000 = 55%
    No 17 Lewis Lane
  • trynsave
    trynsave Posts: 812 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I've been planning to join this board for ages now and this thread seems like a great way to jump in and make the pledge with the reast of you.

    My Halifax regular saver is maturing on the 3rd July, so perfect timing for a big overpayment on the 4th.

    With loads of hard work, and some old fashioned restraint, we are hoping to clear our mtge in 18 months time, 13 years early! We shall wait and see if that happens, but without the plan to do so we definately wouldn't have come so far so soon.
  • DdraigGoch
    DdraigGoch Posts: 732 Forumite
    Part of the Furniture 500 Posts Mortgage-free Glee!
    I'm in the odd position that if I pay off my mortgage early then I lose money!!! Long story, no hints, but my thoughts and support is with you all, well done. I'm putting any money I can raise to doing up the house .... looking forward to having a bath fitted in the next 2 months :) Don't worry, we have a shower already so I'm not that wiffy .... lol
    If you see me on here - shout at me to get off and go and get something useful done!! :D
  • co123456
    co123456 Posts: 368 Forumite
    Mortgage-free Glee!
    Here's some numbers for you:

    £4.07 (or £7.04) - 4th of July
    £17.76 - Year of independence

    I'm sure there's more
  • bails
    bails Posts: 3,196 Forumite
    Wanna Be Mini Dave, this post is just for you! Good luck to everyone paying off some extra, :TI can't pay any myself (long story) but will definitely be on it next year when the mortgage is properly mine :j
    The 1,000 Day Challenge:
    Feb 16, 2016
    500/30,000
    1.67%
  • Barneysmom
    Barneysmom Posts: 10,136 Ambassador
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    Good for you bails, your heart is with us anyway :cool:;)
    I’m a Forum Ambassador and I support the Forum Team on the Old style MoneySaving boards.
     If you need any help on these boards, please let me know.
     Please report any posts you spot that are in breach of the Forum Rules by using the Report button, or by e-mailing forumteam@moneysavingexpert.com.
     All views are my own and not of MoneySavingExpert.com
  • Wanna_Be_Mini_Dave
    Wanna_Be_Mini_Dave Posts: 26 Forumite
    I just wanted to say that I worked an extra 3 hours tonight just because of this thread ;) It's good motivation; that's for sure :beer:
    Mortgage 2006: $265K :mad:
    Mortgage Jan 1st 2009: $204K:T
    Current Mortgage: $179K :beer: :j

    MFiT-T2: #82 :D
  • littlemrtinkle
    littlemrtinkle Posts: 680 Forumite
    £500 set to overpay here. ;-)
    Mortgage Start jun 2007 £88500 Outstanding Balance £51000
    Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
    The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture