2010 MF Wannabes

Sleepy_head_2

No. 25 popping by as I've not posted for ages! I've been having 'fun' with the Halifax regarding my 10% limit and whether I can or can't overpay...I am still waiting for the letter of confirmation. So in the mean time I have reduced the term to 15 yrs from 23yrs to increase my monthly payment and am not making any overpayments. Fingers crossed this will be resolved soon!

Well done on everyone elses progress!

Sleepy head x

BARGAINHUNTER!

Just made Feb payment and overpayment. Mortgage now stands at £32,734.26. Its great to see the balance reducing by so much! Managed o/p of £414 again this month!

DansMum_2

I am new too...

Made my first overpayment yesterday Am on a virgin one offset mortgage with £54900 left on it. Overpaid by £264 yesterday so hoping to keep that up. BUT have just been made redundant end of March 2010 have another job but about £200 per month less.... Am skimping and redundancy will pay off my 0% credit card....

Mortgage free date 01/01/2024 14 years and counting :eek:

Thanks everyone :money:

pammyj74

good luck dansmum welcome to the thread hun, glad you managed to get another job. Its always better to look for another job while in a job isnt it?

You'll not look back now you have started on your MF journey. Why not start a mortgage diary on here like most of us and you will be amazed when you look back over the months how things change so quickly.

NoobySaver

After a horrid January where everything came at once (car tax, MOT, service, car insurance, tax bill, christmas bills, buildings insurance and contents insurance - that's planning for you!) February was our best month ever for overpaying. We managed to overpay £12,200 this month and have changed our year target to £20,000. We also managed to get below £60,000 finally, another first. Now I am looking forward to going below £50,000 for the first time in the not too distant future helped by a reduction in the amount we have to pay each month by almost £80 for what we have managed to overpay this month. Any and all savings like this are currently getting plowed into this mortgage however small or large they be!

cake21

Congratulations to NoobySaver, the first to reach their original target and so soon!!! :j:j

Also welcome to the latest signups, (don't worry you do have until December to meet your targets )
151. bnoc
152. manchester1980
153. Sammy_Girl
154. IHateDida
155. Nidge
156. LittleMissKitty
157. mindymoo1
158. LittleBit
159. fruitdogs
160. Bufger
161. DansMum

DansMum_2

161 with the proper amounts...

Started off at £55500 precisely

Now at £54968.69

Thanks for the lovely welcome I will start a diary I think, I have been waiting for a repayment of PPI from MBNA. Its been with the ombudsman since December 2007. As soon as that comes in I'll pay that off the mortgage too

rumncoke

MFW 124 checking in for Feb. £1198 OP this month. Not quite as much as I had hoped with no Council Tax to pay, but car failed MOT & had to pay more than I had budgeted for.

moggyr

No 127 Signing in. Just made Febuary payments of £620. Hope to try and make another payment tommorrow.:D
Thank you Cake for the motivation. Moggyr xx

belfastgirl23

No 131 checking in.

sorry I forgot to post for February but still made a basic OP of £450. I would have liked to pay more but was still paying for Christmas (basic MS error I know!) and also have been over and back to London visiting DH which is eating into my disposable income - though I guess he's worth it. Similar story now for March, again the £450 OP but alas nothing more.

Anyway it's a grand total of £1525/£7500 OP so far. I did look into my bank accounts today and the mortgage is now down to £194,200 which is pretty good. Still thinking under £180k might be possible by end of year although it does depend a bit on how DH's work goes and on whether interest rates go up again.

Good to see you're all hard at it!