2011 mfw

madeupname1

Updates added for jaywhoppee, evi3000, Ms Wow and Black Taxi. Black Taxi - the spreadsheet YTD shows a total payment of £8400 so if any of the entries are wrong or missing let us know and we will amend accordingly. Well done all!:T

financialbliss

Quick update. December overpayment went out today:

#29 - Overpay by £2,050.00

Month: Ideal Pay / Ideal Total / Ideal % / Actual Pay / Actual Total (Diff) / Actual %

January: 170.83 / 170.83 / 8.33% / 70.67 / 70.67 (100.16) / 3.45%
February: 170.83 / 341.67 / 16.67% / 70.67 / 141.34 (200.33) / 6.89%
March: 170.83 / 512.50 / 25.00% / 120.67 / 262.01 (250.49) / 12.78%
April: 170.83 / 683.33 / 33.33% / 200.00 / 462.01 (221.32) / 22.54%
May: 170.83 / 854.17 / 41.67% / 200.00 / 662.01 (192.16) / 32.29%
June: 170.83 / 1,025.00 / 50.00% / 200.00 / 862.01 (162.99) / 42.05%
July: 170.83 / 1,195.83 / 58.33% / 200.00 / 1,062.01 (133.82) / 51.81%
August: 170.83 / 1,366.67 / 66.67% / 200.00 / 1,262.01 (104.66) / 61.56%
September: 170.83 / 1,537.50 / 75.00% / 200.00 / 1,462.01 (50.49) / 72.54%
October: 170.83 / 1,708.33 / 83.33% / 210.00 / 1,697.01 (11.32) / 82.78%
November: 170.83 / 1,879.17 / 91.67% / 200.00 / 1,897.01 (+17.84) / 92.54%
December: 170.83 / 2,050.00 / 100.00% / 750.00 / 2,647.01 (+597.01) / 129.12%


Total overpaid: £2,647.01

Beat my target with a December OP of £750. I've also took a month off the mortgage term with that £750. Now looking at August 2013 instead of September 2013 to complete!

May post another update on or near 31st December, as I'm aiming for a year end mortgage balance of £20,750, so I'll need to make a further OP of a fiver or so - my OCD kicking in there...

Do I still need to update via google docs?

Financial Bliss.

originalmiscellany

Well done FB! I've updated it for you. Well done on getting to your target a month ahead - if only everything was done a month ahead - that would be amazing. So a little more overpayment and you'll be well over your target

kitjos

Hi everyone, not sure if im doing this right.. but may i join in the 2012 mfw? :A

I currently cant over pay (unable to increase Husbands DD etc) but its not going to stop me from saving! When we get a more flex mortgage, i can then pump in my money .

My info details so far: (As signiture)
Name: kitjos
Age: 23
Current Mortgage: £139,500
Mortgage term: 35 years (2042)
MFW Target Date: 7-10 years (2021)
Overpaid to date: Not yet started
Currently got in savings: £17,792 (28/11/11/)


Hope i can join you all, your a very motivated bunch and have made big differences in your life/finances which i hope i can too. xx

My goal of 2012 is to reach £3600 (or approx £300pm)

originalmiscellany

Sure - can you stick the info in the MFW 2012 please? Just so we have an orderly list of all challengers. Also what do you think your target is going to be for 2012? For a 23 year old you seem to have a great head on you - I wish I was so focussed when I was your tender age.

kitjos

^^ Thanks

Ill copy and paste my info on the 2012 page. Thanks for letting me join xx

originalmiscellany

No problem. We're not a fussy bunch and all are welcome.

ElusiveLucy

#192 OP for November was £500 and will be the same for December. Despite being made redundant in August I have continued to OP and now have new job to start in Jan, so it has all worked out OK!

lighthousescotland

Hi my December overpayment is £230. I am hoping all my friends like the picnic blankets I bought them for Christmas in the July sales! Thank you for updating the spreadsheet!:j

ooo should have said I am 2011 number 183

fieldofdreams

#119 - £400 overpayment for December gone in today.

Tomorrow is a special day as i shall be phoning my mortgage provider to pay off the rest of my mortgage (aorund £1500)!

Will post again tomorrow to hopefully confirm that I have reached mfw status!!