2011 mfw

wonderbee

I wanted to join and pay off £6000 in 2011. I'm new and has completed the online form. thanks.

gerbiljo

OOh can I join this years challenge too (I do the 3 year one), I should get paid today....so can I update my target then please, hopefully can edit this later

Hey just editing to say I have sent my form want to aim for mortgage to be £34700 by NYE next year

Emsky123

Hi Cake,

Thanks for creating the thread, Look forward to a new year and a new challange. I have filled in the form, Can you please add me to the challenge, I wish to overpay by £5K in 2011

Needhelpsaving

Hi all,

No 96 checking in with a £200 OP for this month.

Thanks,

Laura

flimsier

Right; I'm just starting this journey. I bought my house a year ago - December 2009 - for £230,000. I put down a £57,500 deposit, but £995 fee was added to the account.

It's a 25 year mortgage, and yesterday I looked at my savings account and thought "I can stick some of that into the mortgage".

I overpaid £5k yesterday. I'm just about to ring to ask to overpay my monthly payments by £120.

I have no idea how much is outstanding on the mortgage since it would have started at £173,495; I've paid for 12 months plus the £5k - prob something like £166k? I'll ask when I ring them.

Update: Balance is £164,214.83. Quite pleased with that. Just increased my repayments to a regular £960 pm.

Catslovelycats

Ha. Leaking toilet means need a new cistern. Hope this doesn't spell disaster before I've even started to my plan of overpaying in Feb!

Spiggle

Hi Cake,

I'm not sure how I managed it but I worked out the wrong figure for my OP target this year. ETA: I'm No.40 btw.

Please would you amend my target to £6420 in OP?

The actual capital balance of the mortgages will reduce by a lot more than that as they're repayment but I'll monitor that separately. I'll also change my signature now to reflect the change in target.

Blwyddyn Newydd Dda ich gyd! :beer:

Thanks for you hard work and all the best for 2011,
Spigs

Lynn11

I have been doing my spreadsheet for 2011 and think that I should aim to overpay £6k - can you please change this for me - no 15 reporting in.

*Jellie*

Happy new year everyone!

[Deleted User]

and you Jellie!
pls could I sign up for the new 2011 challenge- if Im not too late! Id like to aim for £10000 saved /offset/ OP's this year ...