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Pay off as much as you can in 2011 Challenge!

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Comments

  • wigwam
    wigwam Posts: 234 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 31 March 2011 at 11:48PM
    Thanks dedicatedDFW
    Have done a quick total for March and stands at 1311.28 / 6000

    I have made some April payments early though after payday on Monday so will have to work harder for the next few weeks to chip away a bit more!
    Oooh it feels good seeing it like that because although its a lot I know the more I pay the sooner it will be gone!
  • Hi All
    My regular monthly payment to my co-op loan came off today. Another £222 towards debt free.:j
    Allie
  • o2bfree
    o2bfree Posts: 429 Forumite
    Made my PAW payment today of £10.
    So running total is £1079.21/£6000
    Pay as much as you can in 2011- £3688.54/£6000
    Pay as much as you can in 2012 - £3190.96/£6000
    LBM - August 2010 - £19202.30
    Current - August 2012 - £11803.68
    Paid so far - £7398.62
  • My_life
    My_life Posts: 66 Forumite
    wigwam wrote: »
    Stupid question alert!!!!!!
    I know people do different calculations but I'm wondering how all you debt busters / savers work out your monthly payments

    I was trying to look at money paid off my actual debt. i.e. without interest but this is seeming way too complicated. So do most of you just add up the payments you make or look at the amount your debt is reduced by?

    I just use how much I have paid off the actual captial . So I have actually paid more each month than what is in my signature, but I dont count the interest part in my total. Mind you I am including my mortgage in my total and I dont think many others are - so you need to do what is best for you
  • kavics17
    kavics17 Posts: 2,235 Forumite
    Loan payments are out, plus another £250 overpayment. Total is:

    2. kavics17 - £9292.68/£19,200
  • andyjsg
    andyjsg Posts: 15 Forumite
    Usual monthly payments, hopefully get some overpayments made later in the month.

    No 159. £1931.94/£14,949.81
    Mar 11/Current: £14949.81/£0 100%
    NRAM: £9904.81/£0
    Northridge: £5557.87/£0
  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    My min payment for loan came out today, plus have made my usual overpayment towards it too. Have also paid £125 towards my cc
    Total paid today - £319.34

    Running total - £1440.85/£6000
    £387.39/£196.46
    Pay my debt by End of Feb 2022
    49.28% paid!

    £199.55/£500 savings by End of April 2022
    39.91% saved!

    Make £2022 in 2022 - £20
  • goodgirl80
    goodgirl80 Posts: 814 Forumite
    She will, thanks. Just waiting for surgery to fix her up! :)

    I was feeling pants about not being able to make my £800 overpayment so I changed my £350 overpayment to a £400 overpayment while I was in the bank paying it off! Walked out all pleased with myself and then realised I don't have a lot to live on now :rotfl: . BUT as I've learned, if it's not there I can't spend it, so better to overstretch I say! I've got more than enough for the basics so I'll just have to forgo a few niceties.

    Total now: £4252/£8283


    The means justifies the end I guess

    ..or rather, the other way around..:o
  • abba1772
    abba1772 Posts: 7,746 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Car Insurance Carver!
    paid £40 towards Cap INe credit card before interest goes back on it tomorrow lol taking my total to £1967.48 / £3500

    everyone is doing amazing debt reducing :T keep it up x
    NEXT TARGET: Halifax credit card DEC 22 £0 / £4499.12
    POAMAYC 2011 £6378.35 POAMAYC 2012 £5000.78
    POAMAYC 2013 £3480.04 POAMAYC 2014 £4085.14
    POAMAYC 2015 £7565.24 POAMAYC 2016 £8000.90 POAMAYC 2017 £7278.80 POAMAYC 2018 £13208.18POAMAYC 2019 £13309.28 POAMAYC 2020 £15026.05
  • dentonemma
    dentonemma Posts: 240 Forumite
    Hi,

    I have paid £499 off mortgage, £198 off loan & £400 off ccs, total paid today £1097 brings my total to £5933. Number 43.
    Pay £7,500 in 2011 paid £29,325 No 43 OP £21,825
    Olympic 78= £20,000 paid £35,708 over paid £15,708
    Mortgage over payment £1996/£1497 paid in 2011
    sealed pot 4 number 845
    Weight Loss 29lbs/13lbs
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