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Mass 'Overpay your mortgage day' - * NOW * 4th July
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Barneysmom wrote: »:TAnd I'd like to thank Cheeryoleary for coming up with a superb idea :T
Agreed - so say all of us !RosieTiger - Highest £242,000 Feb 2004 :mad:
Lightbulb Dec 2008 £146,000 by March 2026:eek:
MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
Current Position-Fully off set by savings since March 20130 -
When in town buying some birthday presents, I popped into our local branch and made an overpayment of £200 today.MFIT T2 Challenge - No 46
Overpayments 2006-2009 = £11985; 2010 = £6170, 2011 = £5570, 2012 = £12900 -
Just wanted to confirm that thanks to my regular saver maturing yesterday my mortgage debt is now £6500 lighter!:T WOOHOO!0
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I wasn't going to take part in this challenge but due to a rethink of the way forward, I made an overpayment of £8510.95 todayand if felt great
Mortgage start September 2015 £90000 MFiT #060 -
I made an overpayment of £932.64!!!MFiT - T2 # 64start date: 1.7.09 MFW end date: 31.10.17
Start balance: £205,746.51 :eek: Month 18/100..paid 13.50%
Current balance: £177,977.07 (updated 18.12.10)
Target 12.12.12: From £194,000 to £140,000:p
MFI-3 reductions: £16,023/£54,000 achieved (29.67%):j0 -
Gordon Bennett! This is fantastic, I don't think I will forget today, it's been a corker! :cool::jI’m a Forum Ambassador and I support the Forum Team on the Old style MoneySaving boards.
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All views are my own and not of MoneySavingExpert.com0 -
My mortgage interest rate is lesser than my regular savings accounts so I pay into them and once they mature, I will pay a lump sum into my mortgage, so just in the spirit of the "Mass Overpayment Day", I have paid £10 into my mortgage today:j
MQ0 -
If i had a mortgage in my own right i would be over paying but i will not till September, so hopefully i will join in soon.
Why is life so complicated?:j rolo-polo1965 :j0 -
Couldn't overpay today, because I went to the pub, boooo!
Still paid the £100 standing order that we started a couple of months agp and will pay just over £300 on monday.
Can I just ask with a mortgage rate of 6.1% and low rates of around 1-2% in terms of savings, if you had 6k in savings how much would you keep in there and how much would you use to pay a bit off the mortgage? Baring in mind we both have fairly stable jobs *fingers crossed*0 -
I'm not sure, but my dad has a secret stash of £3k and that's what I do too, nobody knows about my £3k 'cos they'd have it spent already.
Enough to clear the bills for 2months, I certainly hope I wouldn't be unemployed any longer than that if I lost my job?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.com0
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