2010 MF Wannabes

Barny1979

£3,979.09 paid off this month so far

COOLTRIKERCHICK

why is it.. at this time of the year, and now that any surplus money is now being thrown at our mortgage you get those flipping blips happening..

last week my dryer packed up.... ok i was lucky as we had a spare in work..

saturday night hubby's car broke down... had to be towed hone at 3.30 in the morning £175:eek: ( going to join the rac or aa typical)

then last night our washing machine packed up too:mad:, so no extra money to throw at the mortage this week...BOOOOOOOOOOO

but on the bright side.. we have got the funds to pay for it... going back a few years ago... this would have totally knocked us off our feet even just one of those things.....

so I am soooooooooooooooo glad for this site... :T

golfiematt

with tcb you can get rac for £5 a year, i know its a bit late now but you never know

Lynn11

No 15 reporting in - hubbie made an overpayment for me yesterday to the mortgage of £200 so total overpayment figure for November is £700.

gratefulforhelp_2

Reporting in with Nov overpayment of measly £48. Totals and number in siggy.

COOLTRIKERCHICK wrote: »

why is it.. at this time of the year, and now that any surplus money is now being thrown at our mortgage you get those flipping blips happening..

last week my dryer packed up.... ok i was lucky as we had a spare in work..

saturday night hubby's car broke down... had to be towed hone at 3.30 in the morning £175:eek: ( going to join the rac or aa typical)

then last night our washing machine packed up too:mad:, so no extra money to throw at the mortage this week...BOOOOOOOOOOO

but on the bright side.. we have got the funds to pay for it... going back a few years ago... this would have totally knocked us off our feet even just one of those things.....

so I am soooooooooooooooo glad for this site... :T

You're not alone, the last fortnight it has been...

car sun roof stuck open
dishwasher packed up (18 months old)
boiler packed up (3 years old)
computer kept crashing
sash cord broke on window:eek:

crushedkitten

No 81 reporting. Another £40 paid off for October...

pammyj74

cake21 wrote: »

If you mean am I willing to roll this one over and start a 2011 thread in January, yes definitely.

If you mean am I willing to run this one and start up a 2011 thread simultaneously, definitely not, got Christmas overindulging to be getting on with

I didnt mean to do anything extra cake21. You are a star to offer to carry it on, it must be very time consuming!

SmileyG_2

MFW #48 reporting in

Eleventh overpayment of 2010 made on the 15th November 2010
Overpayment target: £2760
October overpayment : £400 (increased from £250)
Overpayments to date: £3350 (Original target acheived :j)

My overall mortgage status is now:

Mortgage at 16/10/2010
Outstanding balance: £49,972 (below 50K... yay!)
Estimated endowment value: £25,542 (revalued @21/10/2010)
Investments: £14,413 (up since beginning of year:) and now on track to help me meet my Sept 2012 target (see below):j)
Deficit: -£10,017 (frustratingly short of £10,000.....;))

For my information on the damage I'm doing to the mortgage, here's the link to my diary...

http://forums.moneysavingexpert.com/...1854517&page=2

My overpayments since Jan 09 will also save me an estimated £1,115 before my target MF date of September 2014.

My overpayment reserve is £6,350, well over 17 months regular mortgage payments :T.

Although I have hit my overpayment target, there are one or two other things that I am also considering. One of them is aiming for September 2012 as a possible date for mortgage freedom. The spreadsheet tells me that one more overpayment should do it, but I would then need to monitor endowment and investment progress carefully to acheive it:shhh:

Keep keeping up everyone!

Thanks Cake!

SmileyG

fluffysox

Good news- OH is starting a new job tomorrow after being on JobSeekers since 1st September (less than £70 a fortnight) to 50% more than he used to earn- whoop-whoop! :T:T:T:T:T

Its a six month contract- we think this is just a standard thing for new employees as its a big company. Hopefully he can get his contract renewed before the end of the 6 months as that's when our baby is due.:eek:

Christmas pressies mostly sorted, only got to buy something for a one year old, something for a four year old, 2 secret santa pressies and something for my OH.:D

Big expenditure- got to buy a car. We've managed with one since buying the house in 2005 but with OH's new work location and hours mean we need another asap. Plus it will be useful with the baby on the way to have a car each. Might draw down on the Mortgage OP reserve to help pay for the car.

Well done to everyone so far this year- I can't wait to see our 2010 total. Thanks to Cake for all your hard work- and thanks for offering to keep us all on the straight and narrow in 2011. I'll be there- although I haven't a clue about a target yet.:T:T:T:T:T

gallygirl

Great news Fluffysox :j