Get yourself a 'Mortgage Pig'

halloweenqueen_2 · 17 July 2006 at 8:48AM

Up above the £500 now, had a good weekend, only a little while to the end of the month though, target is still £735, must get in that loft!! Its too warm to get in there!!

comping_cat · 19 July 2006 at 8:58PM

This month, as ive had the money, ive paid it into the mortgage, and ive just added it all up, and ive paid an extra £198.99 into my mortgage this month from my mortgage pig!!!! Im really pleased with myself!!!!

halloweenqueen_2 · 19 July 2006 at 9:55PM

Well done, it all adds up!

FZwanab · 21 July 2006 at 6:33PM

Hi I have been following all you M.FW's for ages now and I couldn't make overpayments as my mortgage was fixed so any spare money that has come our way I put aside in a savings account and in my mortgage pig. However, the fixed rate has come to an end and I have just put £3000 off our mortgage reducing it by approx 10 months so we are thrilled. You all have been an inspiration to me to keep up with this goal. I hope to be finished earlier than expected and then hope to travel more as kids will be teenagers then. So just wanted to say thanks again to everyone on this board.

halloweenqueen_2 · 21 July 2006 at 8:33PM

WAy to go dinkydee - thats a great achievement!

southafrica · 22 July 2006 at 12:32AM

What a great idea. How about emptying him every three months and paying
it off your mortgage. Hence less interest charged and reducing the balance even quicker.

comping_cat · 22 July 2006 at 8:57AM

I empty my pig every month - even more interest saved!!!!! Takes all my will power not to open it more often, although if i know ive got a lot in there, i sometimes do!!!!!

halloweenqueen_2 · 22 July 2006 at 9:03AM

My pig is a bit underfed at the moment as most of the overpayments I'm getting are cheques I receive and go staright in the account. I've been spending next to nothing lately, so no change to put in there!