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Finally set up my standing order

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After months of procrastination, I've finally set up my standing order for £50 per month to overpay on the mortgage. I'm starting with a small amount and will hopefully be able to increase the amount once I get back to work (on maternity leave at the mo).

Finally made that first step - woohoo :j

rb
Official DFW Nerd Club - Member no. 027

Debt free: 6th April 06 :T Proud to have dealt with my debts

Comments

  • nellis10
    nellis10 Posts: 1,350 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    roversbabe wrote:
    After months of procrastination, I've finally set up my standing order for £50 per month to overpay on the mortgage. I'm starting with a small amount and will hopefully be able to increase the amount once I get back to work (on maternity leave at the mo).

    Finally made that first step - woohoo :j

    rb

    GO ROVER GO ROVER GO ROVER!!!!

    :T:j :T :j :rotfl:

    I did the same thing today too!!
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  • roversbabe
    roversbabe Posts: 1,008 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    nellis10 wrote:
    GO ROVER GO ROVER GO ROVER!!!!

    :T:j :T :j :rotfl:

    I did the same thing today too!!

    Nice one - will have to update my sig once the payments start coming out. :D
    Official DFW Nerd Club - Member no. 027

    Debt free: 6th April 06 :T Proud to have dealt with my debts
  • Adbru
    Adbru Posts: 80 Forumite
    Well Done You :)

    The magical point is when the monthly interest is less than the capital paid !!

    Then you can really see it starting to tumble :)

    Good luck and stick with it ;)

    Adbru
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