Lois_E begins a long MFW journey

Lois_E

Just have done. The trick is not to bother wading through all the calculations, because checking them takes ages, and it's almost impossible to work out exactly where the person has got all their numbers from, but to see if there are short cuts with the interest rates. The bottom line is that it could never be worth borrowing at 11% to reduce the balance on a mortgage at 4.35%, no matter how many calculations you do. He's quite right that paying off early reduces the total interest, but if he can afford to pay off that 11% loan over a short time, then he'd be better off OPing the mortgage by the same amount over the same timescale.

Mortgagefreeby50

Thank you! My brain was telling me this but on the other hand I had got myself in a pickle thinking that £15k over the life of the mortgage was worth more. Maybe something to do with compound interest. I'm going to stop thinking about it now.

Alchemilla

Dyson hijack...which model is it for? I need a new hose.

Lois_E

Alchemilla wrote: »

Dyson hijack...which model is it for? I need a new hose.

My machine is a DC07 Animal. I ordered it a new internal hose (the short one underneath not the long one up the back) but the one that arrived is slightly too narrow to fit where it needs to go.

catshark88

DH told me today that Dyson is worth about £2 billion. Do like their hoovers!

Alchemilla

Lois_E wrote: »

My machine is a DC07 Animal. I ordered it a new internal hose (the short one underneath not the long one up the back) but the one that arrived is slightly too narrow to fit where it needs to go.

Oh bums, mine is a much older one than that.

Lois_E

Well, if you want the hose to see whether it fits yours, you're welcome to it. You never know, it might fit. If you PM me where to send it to, I'll post it to you.

Lois_E

Tonight I am thankful for:
1) My Wednesday night group of friends
2) My Y10s who worked really well today
3) DD's report which says she is trying hard and doing well
4) Particularly yummy chocolate thing that a friend gave me today
5) Something that happened at work today that might identify me if I told you what it was!

Lois_E

Just dropping by and want to mention that I have sent off the ID info that Santandr asked for. Also, a cheque arrived in this morning's post so I need to pay it in this afternoon on my way home.

Must stop procrastinating and get some stuff done! See you all this evening.

Alchemilla

Lois_E wrote: »

Well, if you want the hose to see whether it fits yours, you're welcome to it. You never know, it might fit. If you PM me where to send it to, I'll post it to you.

Thanks but I doubt it will. Ours is ancient. X