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2012 mfw

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  • co123456
    co123456 Posts: 368 Forumite
    Mortgage-free Glee!
    Think I'll keep an eye on this thread from affar. Having paid for my place a couple of years ago I've just made a new mortgage application for 151K. Fingers crossed we'll be in for February. Needless to say, I don't plan on taking 25 years to get rid. Good luck everyone.
  • Tilly_MFW_in_6_YRS
    Tilly_MFW_in_6_YRS Posts: 7,854 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    A little bump, bump, bump
    2004 £387k 29 years - MF March 2033:eek:
    2011 £309k 10 years - MF March 2021.
    Achieved Goal: 28/08/15 :j
  • Poppycat1
    Poppycat1 Posts: 376 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Wow, page 6 and I have only just found out that the 2012 spreadsheet has been started. I would like to set a target of £12,000 overpayment for 2012. These savings will be put in my offset account so will still reduce my interest rate.

    Thanks to OM and Spiggle for taking over from Cake.
    Without overpayments: 15 years, 1 monthsBecause of overpayments: 10 years, 10 months left until paid off
  • Southernman
    Southernman Posts: 605 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    sweetdaisy wrote: »
    My Offest mortgage is repayment and when I made an online payment I only paid a few pounds to 'test' it like you. If you do contact them, I'd be interested to know if online payments are still capital and repayment.

    I checked up with their mortgage contact centre and apparently any residential mortgage with Natwest if overpaid through online banking pays off the capital alone!
    Mortgage 1: May 2012 £90,000 April 2020: £47,000
    Mortgage 2: £270,000😱 Jan 2019 £253,000 April 2020
  • madeupname1
    madeupname1 Posts: 443 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    edited 20 December 2011 at 11:19PM
    Welcome poppycat1 2012 MFW No. 84. The target of £12000 means that as a group with have a target of over £660k! :beer: Newcomers welcome - we are aiming for at least a MILLION :):)
  • LilacPixie
    LilacPixie Posts: 8,052 Forumite
    i'm joining too please. target of 2k
    MF aim 10th December 2020 :j:eek:
    MFW 2012 no86 OP 0/2000 :D
  • Spiggle
    Spiggle Posts: 1,787 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Welcome LilacPixie and good luck to you with your target! :D You are on the list and your MFW 2012 No. is 86.

    Anyone else wishing to join the challege for 2012 is most welcome. :beer: All OPs no matter how big or small will ensure that money is saved over the life of your mortgage.;)

    See you later,
    Spigs
    Mortgage Free October 2013 :T
  • Indigo899
    Indigo899 Posts: 14 Forumite
    Hello I'd like to join in please. We have an interest only offset mortgage. I would like to reduce our offset balance by 16,000 this year, to bring it down to 130,000. Thanks.
  • Tony_R
    Tony_R Posts: 280 Forumite
    PPI Party Pooper
    Can I please join. I have a target to overpay by £5000.
    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
  • madeupname1
    madeupname1 Posts: 443 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hello Indigo899 - 2012 MFW No. 87 with a target of £16,000. Also saw your posting on the 2011 thread - what a great achievement!

    Hello also to Tony_R - 2012 MFW No. 88 with a target of £5,000

    You are both very welcome to the 2012 MFW gang :D
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