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2012 mfw

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  • I have to agree! A lot easier to have several people, if we all log in once a day at random intervals, we check every 8 hours, and it's less work for us all. A win-win for everyone :)

    Defo. Thanks everyone for your efforts!
    My place of work could learn from your efficiency and teamwork!!
  • shiney shiney new challenge. Sign me up for that. Target of £7500 Ive updated through googledocs :)
  • madeupname1
    madeupname1 Posts: 443 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 1 December 2011 at 1:44AM
    Defo. Thanks everyone for your efforts!
    My place of work could learn from your efficiency and teamwork!!

    hee hee - updating the spreadsheet is almost as addictive as making the OPs!
    glitterball - you have been updated to the 2012 mfw board (#44) and CONGRATULATIONS on meeting your OP target for 2011!!!
  • Lixi_2
    Lixi_2 Posts: 133 Forumite
    Hi everyone

    Can I join too please? I doubt I will have as good a year as the past couple in terms of OPs and will hopefully be on maternity leave for at least half of it, but my target for next year is (and this is without really doing much in terms of calculations) is an extra £15k.

    Cheers!
    Mortgage at largest: £250,000 _pale_ (March 2006)
    Current mortgage (May 2014): £152,927.10 :o
  • shala_moo
    shala_moo Posts: 3,272 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi all, can i join again please... had to drop out of 2011 challenge as we are in the process of moving and increasing the mortgage!

    I have a family loan to help buy the new house that i'm still classing as my part of my mortgage and I would like to pay it back asap... I hate lending off family more than i hate lending off the banks - it's the guilt :o

    After offsetting the equity in my current house once sold and my savings then i should owe back approx £10K plus a mortgage of £166K...

    Target for 2012 = £5000

    Diary here - https://forums.moneysavingexpert.com/discussion/3537953

    thanks everyone for the support shown on these threads!
    Mortgage amount at 31/12/2011 £166,050 now £0 as at Sept 21 - 15yrs 4 months early.


  • evi3000
    evi3000 Posts: 162 Forumite
    Please can I join the 2012 challenge?
    I plan to OP £20000 by August and then reassess and maybe add more depending on how things pan out.
    Thanks,
    evi3000
  • Hi

    Please could I join?

    This board has already inspired me to switch mortgages and start overpaying.

    Would like to overpay £12000 in 2012.

    I will go back and read the first post to find out what to do/how to update etc.

    thanks for running challenge

    x
  • Welcome to new joiners:

    # 45 Lixi target 15000
    # 46 shala_moo target 5000
    # 47 evi3000 target 20000
    # 48 rainbowcattail target 12000

    Good luck in the 2012 challenge :) !
  • kitjos
    kitjos Posts: 223 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    May i join in the 2012 mfw aswell? :A

    I currently cant over pay (unable to increase Husbands DD etc) but its not going to stop me from saving! When we get a more flex mortgage, i can then pump in my money :p.

    My info details so far: (As signiture)
    Name: kitjos
    Age: 23
    Current Mortgage: £139,500
    Mortgage term: 35 years (2042)
    MFW Target Date: 7-10 years (2021)
    Overpaid to date: Not yet started
    Currently got in savings: £17,792 (28/11/11/)


    Hope i can join you all, your a very motivated bunch and have made big differences in your life/finances which i hope i can too. xx

    My goal of 2012 is to reach £3600 (or approx £300pm)
    "Don't underestimate the value of financial security"


    Wanting to be mortgage free by 45. £155,000 start / £86,880 currently

  • All updated to here I believe.
    Feb 2012 - onwards MF achieved
    September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
    April 2018 down to 28.00 months vs 30.04 months at normal payment.
    Predicted mortgage clearing 03/2047 - now looking at 02/2045

    Aims: 1) To pay off mortgage within 20 years - 2037
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