Looking to the Future ... My Mortgage Free Dream

pink_poppy

Hiya yukki :wave:, please can I ask how you work out how much you need to overpay to knock a month off your term?? Think that would be great for me ~ is it just using the overpayments calcuator & if so how do you do it?? :huh: Apologies if I'm being dense

yukkibear

Pink poppy i work mine out by using my spreadsheet. Do you use one?

pink_poppy

Nope, don't have a spreadsheet although I've seen them mentioned on a few threads actually, did you create your own?? I don't start making overpayments until November :j (I really must calm down, I'm getting ridiculously excited, lol!!) so I'm just preparing myself atm. Any advice or thoughts on having a spreadsheet would be gratefully received, especially if you find having one motivates you more

yukkibear

I'll pm you and then send you my blank template if you like

pink_poppy

Thank you, I've PM'd you my email address

I really like the idea of having something that tells me if I pay X-£ I will knock Y-months off the mortgage ~ very exciting ~ can't wait!!

yukkibear

I've sent you an email this morning pink poppy, hope it works for you

pink_poppy

Am just about to start trying to figure it out Thank you, I think having a spreadsheet is going to be really useful (once I learn how to use it )

yukkibear

The second tab has instructions on how to personalise it to your own circumstances and it should auto update when you do this.

In money terms this morning. I've sent £40 to mortgage because it's going to do more reducing the interest rather than sitting waiting to be OP.

DD2 first day at full time school today, wonder how much I'll get done.

cha97michelle

My DS1 is at school for the first time till 3 too. I bet they come home starving, and absolutely shattered. That is my bet anyway. I hope she enjoys it.

yukkibear

Thanks Michelle. I didn't know how much to pack in the lunch box lol, as it's hard to guage how much time they will have etc to eat. I hope I did too much rather than not enough and I tried to keep it healthy lol.