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First overpayment

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Hi All,

Have made my first overpayment this month (£200) and boy does it feel good. If I can do the same every month, I will reduce term by a good 10 years and save thousands.

It's been really interesting reading all the posts - very motivational.

MartyBoy

Comments

  • RunningGirl
    RunningGirl Posts: 53 Forumite
    Well done MartyBoy :j
    Feels good doesn't it?!?
    Keep up the good work!
    OPs Jan - Dec 2013: 6915/6000 :beer:
    OPs Jan - Dec 2014: 3900/7500
    Adding to savings: 550/2000
  • misscousinitt
    misscousinitt Posts: 3,655 Forumite
    Tenth Anniversary 1,000 Posts Mortgage-free Glee!
    Well done...just done the same myself.

    Good luck on your MFW journey.
    Mortgage Free x 1 03.11.2012 - House rented out Feb 2016
    Mortgage No 2: £82, 595.61 (31.08.2019)
    OP's to Date £8500

    Renovation Fund:£511.39;
    Nectar Points Balance: approx £30 (31.08.2019)
  • Tony_R
    Tony_R Posts: 280 Forumite
    PPI Party Pooper
    I've just done the same myself, i'm about to create my own thread to try and keep some kind of record.
    MFW 2015 - #88 £3,345 / £3,500
    MFW 2014 £2,990,MFW 2013 £7,905, MFW 2012 £12,216
    Opening Mortgage Balance (15th July 2010): £200,999
    Current Mortgage Balance(2nd July 2015): £150,999
    Total overpayments to date: £30,292.00
    Updated 19/05/2015
  • MartyBoy
    MartyBoy Posts: 32 Forumite
    Thanks all - much appreciated. I will set up the auto signature 'thing' with the stats tomorrow.
  • MartyBoy
    MartyBoy Posts: 32 Forumite
    just setting up auto notification
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