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2012 mfw
Comments
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125 checking in with regular monthly overpayment of £499 transferred today.early retirement wannabe0
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#110 making first Op for feb of £100(hopefully find some more by the end of the month).mortgage free 3/10/12:)0
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Hi can you add me to the challenge
I am aiming to pay off £3000 this year and have paid £21 so far Mtg May 2011 - £127,500/825610% CC - £2211/2211Argos Card 0% - £253.95/208.950 -
#2 final Jan total OPs £679.82
AND FEB £57 SO FAR
So OP total for this year is: £736.82 #20 -
Rather pleased, a total of 3.5k overpaid in January, and my MFW journey will soon be over if I play my cards right.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 - 20370 -
Wow - bumper OPs for the change of the month. Well done blizeH, lighthousescotland, Barney1979, bownyboy, originator, catslovelycats, jaywhoppee and OM - All Updated!
Welcome frugalfrog - you have been added and are new 2012 MFW number 137
black taxi - any kind of OP in Jan is great! we have you down as having overpayed £966 for the month, so I reduced it to £255. Let me know if this is not correct.
Welcome back OM - its been a while!!!0 -
Regulars in the 2010 thread may recall that I use a structured format to log my progress. No change here on the 2012 thread.
Overpayments go out on the first of the month (can't OP earlier than that) and I made an overpayment today of £1,112.59:
#29 - Overpay by £10,400.00.
Month: Ideal Pay / Ideal Total / Ideal % / Actual Pay / Actual Total (Diff) / Actual %
January: 866.67 / 866.67 / 8.33% / 862.59 / 862.59 (-4.08) / 8.29%
February: 866.67 / 1,733.33 / 16.67% / 1,112.59 / 1,975.18 (+241.85) / 18.99%
Total overpaid: £1,975.18
Meaning I'm ahead by 241.85 already. For those mildly curious as to the amount - it's £2k minus the standard mortgage payment of £887.41 - off to update google docs...
FB.Mortgage and debt free. Building up savings...0 -
My regular overpayment of £550 has gone out today. Unlikely to be any more this month as I've been on a clothes buying spree for my new job. (no. 119)0
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Thanks for those updates financialblisss and starflame (and good luck with the new job). Google docs updated for you
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£966 jan
£255 feb
my monthly payments come-off 1st of each month
thx£48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
debt/mortgage free 28/11/14
vanguard shares index isa £1000
credit union £400
emergency fund£500
#81 save 2018£42000
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