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join me? mfw competition
lippy1923
Posts: 1,374 Forumite
Hi all
brought my first house in August this year. Mort Im looking to overpay as much as possible and get rid of this debt.
Mortgage redemption date 2035 :eek:
Is there anybody out there who has a mortgage and wants to overpay any way they can? Just thought a healthy bit of competition could help motivate us into getting rid of these debts and save us lots of pennies
Let us know how much you have left, how much you want to over pay and any dates that you set yourselves. Any posts about how well people are doing really motivates me. Even if its just making an overpayment of £20, I would love to know.
Any tips on how to save extra money to help towards the payments are greatly appreciated.
Happy savings
brought my first house in August this year. Mort Im looking to overpay as much as possible and get rid of this debt.
Mortgage redemption date 2035 :eek:
Is there anybody out there who has a mortgage and wants to overpay any way they can? Just thought a healthy bit of competition could help motivate us into getting rid of these debts and save us lots of pennies
Let us know how much you have left, how much you want to over pay and any dates that you set yourselves. Any posts about how well people are doing really motivates me. Even if its just making an overpayment of £20, I would love to know.
Any tips on how to save extra money to help towards the payments are greatly appreciated.
Happy savings
Total Mortgage OP £61,000
Outstanding Mortgage £27,971
Emergency Fund £62,100
I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>
0
Comments
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currently 49k, give it 2 weeks and it will be 111k :eek::eek::eek: It WILL be 0 for December 2020 MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
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Current mortgage 112k
want to clear the mortgage by christmas 2015
first goal - get mortgage under 95k by christmas 2011I am a Mortgage Adviser
You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Hey, I am keen to supercharge my loan payments, would love extreme minded challenge partners too lol
Want to get it paid down as much as possible over next year as I want to purchase a second property ASAP ..."Use it up, wear it out, make it do or do without!!"Nov NSD: ?/30 Nov Make 10 Day ?/300Get Rid Of Debt: ?/2000 !! :mad:0 -
Hi,
Current mortgage is £81,500
Hoping to pay it off by August 2014
Goal - to get it down to £35k by February 20130 -
Mortgage at start of 2011 will be 117,000 if don't move. Want this down to 110,000 by year end and sub 100k by end of 2012!Nov 2025 - part 1 - £13,878 part 2 - £20,953 Total - £34,832 24 months to go!0
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Ok mortgage on 16-12-2005 £120,000
Mortgage on 16-12-2005 £44985
Target to clear the rest in 3 years!0 -
Sorry got date wrong should read 16-12-2010 £44985 so cleared £75K in 5 years with £45K to go0
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Mortgage #1 £121k
Mortgage #2 £24889
Goal is to clear #2 and #1 to be below £95k by my son's 5th birthday on 8th May 2015.Save £10,500 - £2673.77 - 25.5%
Pay off £7000 - £1743 - 19.4%
Make £2021 extra income - £99.750 -
Cleared £102k in five and a half years. Hoping to clear my remaining £84k by Christmas 2014.
Cheers,
Drew.0 -
wow. thats some really challenging goals! keep it up guys. Only managed to make a small over payment of £50 this month. Think I would like to get it down by about £1200 by next year. Cant really afford to do much more than £100 a month as need to keep saving for my emergency fund...just in case. xTotal Mortgage OP £61,000Outstanding Mortgage £27,971Emergency Fund £62,100I AM NOW MORTGAGE NEUTRAL!!!! <<Sep-20>>0
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