** Jock_Tight** mortgage free diary

originalmiscellany

Again good progression in making your targets.

Well done and long may it continue.

wynnvegas

Morning Jock,

Happy new year. Can't say I'm looking forward to the snow returning all that muchbut we're braced for it now. I think the snow shovel manufacturers might well have had the best Christmas of the lot of us! Glad to hear you're still on track for kicking the mortgage in the next couple of years. Having the mortgage come down £1,000 or thereabouts every month is a great motivation.

Cheers,

Billy

Jock_Tight

wynnvegas wrote: »

Morning Jock,

Happy new year. Can't say I'm looking forward to the snow returning all that muchbut we're braced for it now. I think the snow shovel manufacturers might well have had the best Christmas of the lot of us! Glad to hear you're still on track for kicking the mortgage in the next couple of years. Having the mortgage come down £1,000 or thereabouts every month is a great motivation.

Cheers,

Billy

Thanks,

We have one more 'special' OP which will go in within the next couple of weeks then its down to monthly and fixed monthly OP to clear the balance. There will be no additional OP's made as we are on target with the date set and are swinging more towards savings.

RosieTiger

Superb result, your closing in on it !!!!

Jock_Tight

We have just paid £1284 off the mortgage in a bumper overpayment to kick start 2011 :cool:

This was made up of
£704 planned January overpayment (based on spreadsheet calculations to achieve MF by Dec 2012, came from savings)
£235 spare cash we had for December as majority of Xmas presents were bought throughout the year.
£130 worth of Bank of Scotland £5 rewards accumulated during 2010
£215 from coin pot accumulated during 2010 (£170 in 20p's, £30 in 5p's, £9 in 2p's, £6 in 1p's.......took two of us to carry to the bank as was quite heavy!!)

This has brought the mortgage balance down to £23,995

Cheers,
Jock

black_taxi_2

you can go into asda and put spare change in a coin machine--it does charge thou

saves you counting up all the small change

wynnvegas

black_taxi wrote: »

you can go into asda and put spare change in a coin machine--it does charge thou

saves you counting up all the small change

But that's half the fun of having a penny jar!

Jock_Tight

black_taxi wrote: »

you can go into asda and put spare change in a coin machine--it does charge thou

saves you counting up all the small change

We actually bag it up during the year as we collect it so its not too big a job. Only takes the bank a few minutes to weigh it in and it goes directly into my account.

Jock_Tight

Fixed overpayment for January has now come off (£450) which brings our mortgage balance down to £23,545

Total mortgage payments made during January totalled £2299 which is our biggest ever monthly reduction!! :cool:

Cheers,
Jock.

wantabetterlife

Well done jock, that is a fab overpayment