Most feeble overpayment?

Miss_Penny_Pincher_2

Ali007 is the spreadsheet you use similar to this one on mortgagesexposed.com

http://www.mortgagesexposed.com/Spreadsheets/Flexible%20Payment%20Mortgage.xls

or did you create it yourself?

Mrs(no)money

Miss_Penny_Pincher wrote:

Ali007 is the spreadsheet you use similar to this one on mortgagesexposed.com

http://www.mortgagesexposed.com/Spreadsheets/Flexible%20Payment%20Mortgage.xls

or did you create it yourself?

Any suggestions how i can calculate this or find a calculator to do it for me if i havent got excel?

Hope this isnt a thick question! But I am determined to pay it off sooner rather than later.

mdeebee

We think alike, Mrs(no)Money!

Mrs(no)money

Ah well, thats Great Minds for you!!:D

black-saturn

Well done :beer:

Thats the way I paid my debts off. Little bits now and then really do mount up and cut the interest down. It's amazing how quickly debts will get paid off in this way.

Miss_Penny_Pincher_2

Mrs(no)money wrote:

Any suggestions how i can calculate this or find a calculator to do it for me if i havent got excel?

Hope this isnt a thick question! But I am determined to pay it off sooner rather than later.

Do you have Lotus? That website has the spreadsheets for both Lotus and Excel.

gallygirl

Miss_Penny_Pincher wrote:

Ali007 is the spreadsheet you use similar to this one on mortgagesexposed.com

http://www.mortgagesexposed.com/Spreadsheets/Flexible%20Payment%20Mortgage.xls

or did you create it yourself?

Miss Penny Pincher & Mrs (no) Money - I made my own spreadsheet which is not 100% accurate but pretty close - I update it with the correct balance when I get my 6 monthly statement & it's usually within £20. Don't know how to post it on here, don't have own web page I can link it to, if you pm me your email address I'll send it to you. But as I've warned others, it's addictive!;)

I prefer it to one such as the above link as they don't take into account one off payments, mine does, including all my £4.86's etc!

Miss_Penny_Pincher_2

Mrs(no)money and Mdeebee have you used the online calculators such as Egg's? This is no as exact but can still use it to compare how much interest overpayments would save you.

Mrs(no)money

ali007, thanks - i will pm you for your spreadsheet - i am willing to take a chance on becoming addicted to something as good as MS!;)

mdeebee

Miss_Penny_Pincher wrote:

Mrs(no)money and Mdeebee have you used the online calculators such as Egg's? This is no as exact but can still use it to compare how much interest overpayments would save you.

Thank you - I will go and have a look at this.