We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Claires MFW diary

Options
Been so inspired by other people diaries, have decided to post one of my own! I like the idea of getting rid in 100 payments, so that's going to be the target. Next month will be month 100, then I can count down after that. To do that, I need to overpay around £675 per month - eek! Doing well so far, but have ended up a bit skint this month :( first time in about a year that that's happened though, took my eye off the ball I think!

Comments

  • dimbo61
    dimbo61 Posts: 13,727 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Hi claire,

    If you want to use "whathecost" to work out how much you will save in interest by reducing the mortgage from the "normal 25 years" down to 100 months.
    We have done the same and are 64 months into our journey and we have saved well over £60,000
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.