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Originalmiscellany's MF dreams
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I learnt something new today: In our supermarket, I was told by a friendly worker that all the ingredients in the "ethnic" row is a lot cheaper than the other brands elsewhere - e.g. coconut milk - 55p whereas the supermarket brand situated a row away was 1.99. I filled up on stuff I probably don't need today. Resulta.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
Not a lot to report- living off a chunk of money I took out on Monday - off for a meal tonight with friends, just spending time wisely when it's quiet at school with some pupils year 11 etc away.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
250 off - that's 2.5k for the month, that's as far as it's going to go I think...
Means I think it's 20k off for the year which is very good progress.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
That's brilliant considering your target was 22K for the whole year, and we're only half way through! You deserve a pat on the back!Borrowed £150,000 in an offset tracker mortgage in May 2007 - MFD May 2041 (67)
Jan 2012 - £125,620.02 / 2,913.87 / Nov 2032 (58) :beer:
Apr 2012 - £122,901.88 / 3,170.91 / Jul 2032 (58)
Jul 2012 - £122, 589.02 / 3,507.99 / Sept 2032 (58)
Oct 2012 - £120,476.31 / 3,889.42 / July 2032 (58)0 -
That is great work OM, keep up the good work!!
P.S. from a lurker attemtping to de-lurk......Current Mortgage: £113,829
Standard MF Date: May 2030
MFW Target Date: Jun 2023
On Target to complete: Feb 20270 -
Twiddy I say "heya youa get offa your cloud" - to mis-quote the Rolling Stones! If you're clearing your mortgage, start a diary. Otherwise, just post away and lurk no more
Appreciate you taking the time to respond, I've said before I don't get much feedback on this, as in my mind it's quite a boring thread, me overpaying a chunk every month, and so far, not had any major problems in terms of financial crises (long may it continue!)...
I'll probably make another overpayment tonight, and a decent chunk next week (again a friendly raid on MOM's bank account), so figures will continue to go south. Aiming to get somewhere between 2-3k shifted this month, ideally closer to 3k than 2k.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
originalmiscellany wrote: »Appreciate you taking the time to respond, I've said before I don't get much feedback on this, as in my mind it's quite a boring thread, me overpaying a chunk every month, and so far, not had any major problems in terms of financial crises (long may it continue!)...
My diary is the same. I imagine it to be quite boring too. It's just us two and the dog and (un)fortunately not a lot happens! 0 -
And a new month and a new start.
£500 off this month is my opening gambit.
Looking forward to a very peaceful weekend, both me and MOM are completely tired and are grateful there's only 3 weeks to go...Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
Great OP to start the month. Hope you have a quiet weekend and a good rest.June 2025 - part 1 - £19,145 part 2 - £21,973 Total - £41,118 29 months to go!0
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Right, have decided on a date to clear our mortgage... Just checking through our dates, but it should be do-able, will be taking the mortgage from 18 years to be paid off in 18 months.
Need to work out the figures, but will post my targets soon.Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370
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