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A Payment A Day - Part 10!

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Comments

  • nickynoo08
    nickynoo08 Posts: 1,860 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Have no spare cash to pad today but have had some good news i thought i'd share.
    I've just recieved a letter from my mortgage company letting me know my new monthly payment as my fixed term has just finished and its gonna be over £200 less a month:j
    So the 'extra' money i'll be able to throw at my loan and it should be clear by the end of the yr, a whopping 36months early:T
    Roll on the 1st when i can make my first 'extra' pad payment:D
    £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
  • That is excellent news Nicky!! X
    Became Mrs Scotland 16.01.16 :heart:Became homeowners 26.02.16 :heart:Baby girl arrived 27.10.16 :heart:Baby boy arrived 16.09.2018
  • Thrifty_Pixie
    Thrifty_Pixie Posts: 1,036 Forumite
    Hi all...a whistlestop for me I'm afraid...

    Please put me down for £16.85 for the past few days and to take me up until Friday.

    PaDs will be teeny from me for the next few weeks as I've just spent around £380 on a new crash helmet and servicing my mc...£110ish on mc luggage, straps and grips...£200ish on car insurance....and £440ish on servicing my car :eek: Yipes. Looks like my savings will be taking a bit of a dent next month. :(

    Hope everyone's well. Will try and catch up on a less stressful day.

    *murp*
    Mortgage-Free Wannabe
    Mortgage at start [20/6/12]: £151,800/MFD Jun 2035 (age 65)
    Mortgage now [5/11/14]: £139,212.14/MFD Oct 2029 (age 59)
    Personal Library 2014
    :starmod: Read in 2014: 57/60 :starmod: In Progress: 2 :starmod: Books In: 94 :starmod: Books Out: 12 :starmod: TBR: 847 :starmod:
  • saorsie
    saorsie Posts: 1,905 Forumite
    Apologies for the late announcement Peeps ~ yesterday's PAD's totalled a wholesome £180.36 :T

    -s-
    Frugal living challenge 2012 live on £8500 ~ £7725.87 remaining
    Make £5/day in 2012 ~ £482.24/£1830 ~ 22.52%
    Proud Member of PAD since January 2010 ~ Total paid to date £11386.64
    Savings Pot for 2012 ~ £772.60/£3000 ~ 23.38%
    Lose 19lbs / Save £2k by 30/04/12 *5/19lbs* £158.72/£2000
  • nickynoo08 wrote: »
    Have no spare cash to pad today but have had some good news i thought i'd share.
    I've just recieved a letter from my mortgage company letting me know my new monthly payment as my fixed term has just finished and its gonna be over £200 less a month:j
    So the 'extra' money i'll be able to throw at my loan and it should be clear by the end of the yr, a whopping 36months early:T
    Roll on the 1st when i can make my first 'extra' pad payment:D

    Yes it's great when that happens isn't it? I timed mine better than you. My fixed rate ended just before the base rate (and LIBOR) plumetted. It's been going up a little each quarter since then but never by more than a fiver a month (it's based on LIBOR rather than base rate). I'm still not within £150 of my previous fixed rate but it would only take a 2.25% hike to get there so I do check the base rate/LIBOR news with a little anxiety at times.
  • jwil
    jwil Posts: 22,067 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    £5 for me today please. Hope everyone is well x
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • £5.00 for me today :D
    PAD-ing Since 7/1/11 2012 - £2329.10 2011 - £4760.88 :money:
    NSD's April 10/10 Mar 11/12 Feb 11/12 Jan 8/8 :D
  • MiaowMiaow
    MiaowMiaow Posts: 414 Forumite
    A PAD of £5.00 today please

    xx:)
  • MrsWassire
    MrsWassire Posts: 204 Forumite
    Hello all, been missing this thread! Life has been very hectic lately. :(

    I've barely been PAD'ding because all spare money is going to the other half's laptop... still, that'll be paid by the end of the month and all indications are that I should be able to put £800 towards debt in April. :D

    I did PAD today but I can't remember the amount.... just say £6 as it was around there.
    *Insert interesting words here*
  • mooomin
    mooomin Posts: 13,703 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    £1.11 for me today please...only 13 days till payday :eek:
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