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First step, in the long road to being mortgage free.
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Another month, another repayment. This time for £606 which brings overpayments up to £13,850.
Not sure on next month as car insurance, MOT and service is coming up.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 19/05/20150 -
I've just received the updated balance, which is now £178,433.97
Normally when I make an overpayment the monthly payment drops by a few pounds, but this time the monthly payment has gone up by about £3. Not that important but it seems strange.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 19/05/20150 -
Last week I made another overpayment of £603. The new balance is £177,474.60MFW 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 19/05/20150 -
Another month, another payment. £614 this time.
A reasonably expensive month this month with car insurance and vets bills. But I still made it.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 19/05/20150 -
Hi, you really are doing brilliantly. It's great to see the numbers drop.
Tilly2004 £387k 29 years - MF March 2033:eek:
2011 £309k 10 years - MF March 2021.
Achieved Goal: 28/08/15 :j0 -
Wow you're making huge and regular over-payments. You'll have a big dent in your mortgage in no time at this rate.MFW: Nov 2008 £156k, Jun 2015 £129k, Jun 2017 £114k.0
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Thanks. What inspires me more is realising that if I hadn't overpaid I would still owe over £193k and only paid back £8,000 in over 2 years.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 19/05/20150 -
Another £618 overpaid, which means I've overpaid £11,594 so far this year, and £16,225 in total.
I hope everyone is well.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 19/05/20150 -
That's really impressive to be able to keep up that level of overpayment.
Well done:T0 -
On Friday I made my latest overpayment and the last of 2012. £622 this time, which brings my total overpayments for 2012 to £12,216.
I beat my original target of £5000 easily, but fell short of my second target of £12,500. But I wasn't going to push it unnecessarily.
The total overpayments so far are £16,847. I could have bought a half decent brand new car for that.
I hope everyone has a good Christmas.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 19/05/20150
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