Macgirl's "Stop Procrastinating and Get on with it" Diary

hypno06

No......I'm just further into the journey than you are!

macgirl

Just on the phone to the Natwest. To switch to IO would mean it would have to be for the rest of the term - which is 5 years.

To borrow £3k to do the windows would be £50 per month for the rest of the term = 7 years +£299 fee plus 4.89% interest for the first 5 years. (Or whatever a BTL rate would be if all goes to plan)

It would be cheaper to take out an 0% interest cc, but it's doubtful it would be paid off within the year, thereby adding to cc debts. If we added it to the m'gage and by some miracle we did get some sort of lump sum we could throw it at that.
In my twisted world, adding it to the mortgage when it's for home improvements seem like "good debt" and I don't believe it would hurt our credit score as much as another cc - is that right?

I know that sounds a bit dumb. My head hurts.

In_my_dreams

I don't think your world is twisted but my head hurts reading it all as well :rotfl:

Can you reduce the overpayment you are making to the mortgage in order to pay it towards a 0% card for the windows instead as it would take you 15 months to pay off and a lot of cards offer 15 months BT now - just a thought? Ignore me if I'm confused, most people do......

macgirl

No, that does sound good, but we've just fixed and decreased the term thereby increasing monthly payments......what to do.

Thanks for thinking about it. I'm sure the answer will present itself in due course!

Just waiting for friends to arrive for lunch. House is sparkling (as if we always live like this) Ironing is 3/4 done, but I stopped at the duvet covers - I hate doing those, so that treat is in store for this evening.

Hope you are having a good day

miemie

Hi Mac
Hav'nt a clue what you should do regards putting extra on mortgage or cc, but good luck with whatever you decide.

Have a fab day, my house was sparkling until yesterday when i agreed to look after a friends children for the day, omg i could not believe how much mess they could make, made my own look like angels.

se999

macgirl wrote: »

Ironing is 3/4 done, but I stopped at the duvet covers - I hate doing those, so that treat is in store for this evening.

You iron duvet covers :eek:

macgirl

se999 wrote: »

You iron duvet covers :eek:

I have been known to yes... :o:o


OK, sometimes I don't, but more often than not I do. Purely because I Love getting into them when they're all smooth and lovely. (I don't iron underwear though - or socks )

chops22

macgirl wrote: »

I have been known to yes... :o:o


OK, sometimes I don't, but more often than not I do. Purely because I Love getting into them when they're all smooth and lovely. (I don't iron underwear though - or socks )

me too...I also have a special "duvet fabric conditioner" my friends say I am a sado...I think they are right!

macgirl

Well Se, you'll be pleased to know I decided not to bother doing them today and have put them away instead - UNIRONED!

gilligansyle

macgirl wrote: »

Well Se, you'll be pleased to know I decided not to bother doing them today and have put them away instead - UNIRONED!

Having ploughed my way through the ironing, I can sympathise, I rarely iron duvet covers, but do 'sometimes' put them on the ironing board under other stuff so they get a bit of a go. I always leave them inside out too, to make it easier to put them on