2012 mfw

madeupname1

Hi Trills - yes you are updating correctly - I have entered your new OP of £15. Your total is now £2666, over 27% of your annual target!

pollyanna24

Can I join the MFW 2012 thread please? Think I posted this somewhere else a few mins ago in the wrong place! Oops!

I am a single mum to two little girls (3yrs and 1yrs) and this time last year, was in a position to lose my house when my bf of 11yrs decided to leave me. My brother stepped in and we are now the joint owners and determined to overpay on the mortgage and get rid of it by the time I am 40 (April 2021).

As it stands today, the mortgage is £164,798.64 and the house is worth about £230,000.
Overpayments in January are £500 (that is the most we can overpay without incurring a charge), so our overpayment plan is £6,000 for 2012 with a large sum of £10,000 (£5,000 each) when our fixed rate is up in April 2013.

originalmiscellany

pollyanna24, you are in at number 126, with a target of £6k.

Welcome aboard!

madeupname1

pollyanna24 wrote: »

Can I join the MFW 2012 thread please? Think I posted this somewhere else a few mins ago in the wrong place! Oops!

I am a single mum to two little girls (3yrs and 1yrs) and this time last year, was in a position to lose my house when my bf of 11yrs decided to leave me. My brother stepped in and we are now the joint owners and determined to overpay on the mortgage and get rid of it by the time I am 40 (April 2021).

As it stands today, the mortgage is £164,798.64 and the house is worth about £230,000.
Overpayments in January are £500 (that is the most we can overpay without incurring a charge), so our overpayment plan is £6,000 for 2012 with a large sum of £10,000 (£5,000 each) when our fixed rate is up in April 2013.

Wow pollyanna - what a turnaround (and what a great brother)! welcome and good luck!

Spiggle

Welcome pollyanna24, I've noted your payment of £500 OP for January. Good luck!

All the best,
Spigs

blackberrycurved_2

I'd like to join this thread I tried to use the form but it didn't work I have a Mac maybe that is why.
A bit stuck in mud by money at this minute so not very clear.
Mortgage £20,000
CC £7,000
Want to over pay £10,000
and clear c cards
and no job but hey feeling positive

blackberrycurved_2

How do I set up a mf diary and how do I provide a link to it so that others can share - not too good at this type of thing.

starflame

I checked my mortgage total today and now that my January payment has gone in I actually owe £9,168.38.
It's great to be in single thousands rather than tens!

madeupname1

blackberrycurved wrote: »

I'd like to join this thread I tried to use the form but it didn't work I have a Mac maybe that is why.
A bit stuck in mud by money at this minute so not very clear.
Mortgage £20,000
CC £7,000
Want to over pay £10,000
and clear c cards
and no job but hey feeling positive

Welcome BBC. I have added you as MFW 2012 No.127. Those are bold targets but good luck for the year ahead

Trills - your update has also gone in. Nearly £3000 for the month!

p.s. We are slowly heading towards an aggregate OP target of £1,000,000. Everyone with an OP aim this year is still welcome to join!

Catslovelycats

starflame wrote: »

I checked my mortgage total today and now that my January payment has gone in I actually owe £9,168.38.
It's great to be in single thousands rather than tens!

That's good news starflame! well done!

I've just applied to switch mortgage when my current HSBC rate ends in Feb. It was so easy - am staying with HSBC. Just did a few bits online and done! No fees either. I'm not mortgage free, but the deal I've got means I'll be paying less than I was expecting so I can OP a bit more than I expected too!:D