2010 MF Wannabes

uzubairu

Hi cake21,

Thanks for taking up the responsibility of running the 2010 challenge.

I'm already down for the MFiT-T2 challenge to reduce my mortgage by £50,000.

My target for 2010 is to reduce the mortgage to £65,000.

Would it be possible for me to have No:19 , because that is the number I have been allocated on the MFiT-T2 challenge.

SOandSO

Hello

I'd like to join in please.

I am no.140 in the MFit-T2 challenge so I'm not asking for that number - but if possible number 14 has a sort of link to it.

I'll have final one year figures by 10th Dec if that's ok

gallygirl

Welshlassie wrote: »

I'm in. Could I please be number 7

uzubairu wrote: »

Would it be possible for me to have No:19 , because that is the number I have been allocated on the MFiT-T2 challenge.

SOandSO wrote: »

I am no.140 in the MFit-T2 challenge so I'm not asking for that number - but if possible number 14 has a sort of link to it.

We're all very anal aren't we :rotfl:(or are you all suffering from poor memory syndrome like me .) Sorry for starting this Cake, I just thought that running a challenge would be very simple & I was trying to make it more interesting for you

wantabetterlife

Hi Cake, thanks for setting up the 2010 MFW challenge, can i join aswell. I have also signed up for the MFiT-T2 challenge but i like this one because of the monthly progress updates. I think it will keep me more focused. Im not fussy about my number...... lol:rotfl::rotfl:. Oh and my target for the year is to overpay by 5k. The MFiT-T2 challenge is 26K but this includes the normal mortgage payment aswell, so i think 5k overpayment per year is about right. And a big thanks to Zavarony for all her hard work last year:T:T
WABL

pammyj74

well I will join this one too, my target last year was £2000 and I smashed it so my target next year will have to be £3000 which is £250 a month and I think is feasable (hopefully)
Hopefully going to reduce my term to 15 years in feb and I am well on my way to be MF in 10 years :j

pollys

I'd like to join please at the moment I'm pollys no 75. Will aim to oveypay by £5000 for the year but university costs looming from next september so it will be hard going. So thats approx £417 a month.

Good Luck Everyone.

Welshlassie

gallygirl wrote: »

We're all very anal aren't we :rotfl:(or are you all suffering from poor memory syndrome like me .) Sorry for starting this Cake, I just thought that running a challenge would be very simple & I was trying to make it more interesting for you

Yes I'm very anal. I think the guy at the mortgage call centre thought I was having a laugh because of all the questions I was asking him about the new mortgage. He was trying to explain what a complicated calculation it was to work out my daily interest rate. Does he not realise I'm an anal auditor trying to pay my mortgage off???:rotfl:

pigtails_21

Hi, can I join in as well..I have a scary 40 year mortgage on a shared ownership property. I've not really ventured over here before. We're looking to overpay 3.5k in 2010.

A little about us (I'll probably set up a diary next year). We're hoping to tackle our mortgage before we even think about buying the other half of the house, and we're saving to get married (probably abroad)..once our little girl starts school next year, we'll have a lot more to save/use for overpayments..

cake21

wantabetterlife wrote: »

And a big thanks to Zavarony for all her hard work last year:T:T WABL

Ooh second that! Although I'm only doing this because she did such a good job I didn't want it to end, so I might be less grateful later

Welshlassie wrote: »

Does he not realise I'm an anal auditor trying to pay my mortgage off???:rotfl:

Are you me?! :eek::D I'm not welsh though, just living here

SOandSO wrote: »

I'll have final one year figures by 10th Dec if that's ok

You're in, let me know your target whenever you're ready :cool:

gallygirl wrote: »

We're all very anal aren't we :rotfl:(or are you all suffering from poor memory syndrome like me .) Sorry for starting this Cake, I just thought that running a challenge would be very simple & I was trying to make it more interesting for you

Thanks gallygirl
Hopefully I've captured everyone, (and with the right numbers :rotfl:), anyone missing or botched up please let me know

violetblue

Yay, a shiny new challenge thread to play with!! :T:D

I'd like to join in too please, I'm so close to the finish line I can't imagine stopping now! I have found the MFW 2009 thread very motivating to read and be a part of - without it I don't think I would have got anywhere close to my £6000 target, but with all the motivation and encouragement on the MFW challenge my original target was smashed and I'm on track to achieve my new target of £8000 for 2009.

I am going to be very optimistic, and say that my target for 2010 is to be completely mortgage-free! :j I have early redemption penalties until 2011 so I might not actually pay off the mortgage in full (this decision depends on interest rates and the fees involved in paying it off early), but by the end of 2010 I want to be in the position where my savings are equal to or greater than my outstanding mortgage.

Thank you so much Cake21 for carrying on the good work, and big thanks to zavarony for all her hard work on MFW 2009 :beer: