pammyj74's MFW diary (or possible wishful thinking!!)

pammyj74

hi LS, i had to look again when i saw mse as thought i had read it wrong lol.
thanks for confirming it doesnt cost to reduce, what term have you got left?

good luck with the new ops, get your diary sorted misses!

pammyj74

all going well I should be able to OP £400 this month :j

to make a nice round figure of £3500 for the year :T

pammyj74

well have set my OP to come out on 1st, would have been a bit more but ex cant pay his maintenance this month (started a new job apparently and missed this months cut off)

So total OP for year is a whopping £3500 :j :T
I am absolutely astounded that I have managed it I really really am
have only got figures from July OPs but interest saved so far £4880

have knocked off 18 months off the end date and its now going to be Sept 29 but i am going to reduce my term to 15 when the fixed rate ends end of feb hopefully if the rates havent gone up too much.

remaining balance should be £83,088.76 for the end of the year

setmefree2

pammyj74 wrote: »

total OP for year is a whopping £3500 :j :T

Ladyshopper

Well done Pammy. :T

I am struggling to save nearly as much as I did when tesco was a coupon friendly place and I was hardly paying for my groceries.

When I did my overpayment at the beginning of the year I reduced the term to 16 years, so have got just over 15 years left. My deal ends on 1st Dec, so can overpay anything I like after that date. Think it will be next week before I can get there though, but have £4200 to overpay which I have saved over the year. Will look to keep my payments the same and reduce the term, quicker I can get it paid off the better!

pammyj74

Thats great LS, how much have you got left to pay (if you dont mind me asking)
I know what you mean about the mocs but cant believe I can still OP, think I am also only buying half what I used to get with mocs anyway and trying to keep to the grocery challenge budget.
You have still managed to save a load :j £4200 :T even without the mocs though so well done hun x
I am really tempted to reduce to 14 years just for the mentality of it all.
Are you gonna start a diary for next year?

Ladyshopper

After this overpayment it should take my balance to around £95000. Can't remember the exact figures, I wrote them down when I phoned about a month ago and can't remember where I put them!

I ought to start a diary, I know. Whether I'll get round to it or not is another matter!!

evab_2

well done pammy, great OPs good luck for the next year! x

SmlSave

:T well done pammy:T

pammyj74

Thank you guys, cant believe it actually, but I am really determined with it and will try as much as I can, with the grocery challenge, money neutral gifts, surveys etc.