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Starting out my journey !!! Altho its a small start

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Comments

  • Hi All , thank for posting

    Deefadog I use the formula

    Amount of mortgage x Interest rate divided by 365

    Hope this helps
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Hi All , thank for posting

    Deefadog I use the formula

    Amount of mortgage x Interest rate divided by 365

    Hope this helps

    Then if you are really sad you will work out hourly rate as well :o :whistle:

    Deefadog, I have a cousin of yours here - Peeferpig :rotfl:
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • thats another £5 today people. whoo hoo.

    Im really getting there I will be trying to increase my payment to £10.00 a week after xmas then that will be £40.00 a month. Hopefull I will be able to increase more yah!

    A happy MFW !!!!!!!!!!!!!!!
  • bevan840
    bevan840 Posts: 1,014 Forumite
    Part of the Furniture Combo Breaker
    Yay Well Done :) I hope I can clear my mortgage like this when I eventually get one!! lol xx
    :idea: Jan 09. Debt @ LBM - £11936.55 Debt at worst - £12600.55 Current Debt (01/03/2012) £8,859.51 29.7% Paid off
    Honeymoon Fund £410.40/£6000 House Deposit £1.50
    :A Proud to be dealing with my debts. DFW Nerd 1177 :A
  • deefadog
    deefadog Posts: 2,192 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Well done!!!!!
    Hi All , thank for posting

    Deefadog I use the formula

    Amount of mortgage x Interest rate divided by 365

    Hope this helps

    Thanks, so that's £13.62 a day :eek:

    And just for gallygirl - 57p an hour :D
  • Keep up the good work, every little helps and you seem to be doing so well :)
    MFiT -T2 member # 136

    Overpayments in 2010 - £246.37 - Target £10,000

  • once again just want to1` say thanks for the encouragement
  • Well thats another £7.50 paid into my mortgage today.

    Ive incresed my overpayments by £2.50 i know its small amount but it helps.

    Ive developed the attitude that i dont miss £2.50 i could spend that just by walking in a shop lol
  • bevan840
    bevan840 Posts: 1,014 Forumite
    Part of the Furniture Combo Breaker
    Well done :) That will help to knock off another day or 2 :) xx
    :idea: Jan 09. Debt @ LBM - £11936.55 Debt at worst - £12600.55 Current Debt (01/03/2012) £8,859.51 29.7% Paid off
    Honeymoon Fund £410.40/£6000 House Deposit £1.50
    :A Proud to be dealing with my debts. DFW Nerd 1177 :A
  • taka
    taka Posts: 3,483 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    :hello: Yeah... :j Another person not able to Op loads - me too! :p I've managed to OP ~£30 in the last month. Essentially whatever I "earn" by surveys / vouchers / interest / quidco / TCB etc gets split 50:50 between money I can spend on things I can't otherwise afford and my mortgage. I'm finding it very motivating! :D My last OP was 29p... :rotfl:

    Good luck with your under £97.5k challenge...
    Mortgage free as of 12/08/20!
    MFiT-5 no 45
    You can't fly with one foot on the ground!
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