2012 mfw

black_taxi_2

reduced mortgage £892 april

happy easter all

everach

Hey hey hey!!! At last I have made an overpayment. It's very small buts it's a small step in the right direction

Please can you put me down for an overpayment of £19.00 thank you thank you thank you!

I honestly didn't think I was ever going to convince t'other half, in fact I haven't I just made the payment then told him, he was fine with it in the end, roll on more payments

ecoelle

£100 regular OP paid today:) hope to add more to it throughout the month.
Thanks

BaconandEggs

MFW number 89 checking in. £2641 paid since last check in, bringing total OP this year to £3142.

Yargo1

Can i join please.

100 pound overpayment made today (set up as a regular monthly payment now) and will also aim for more..

Ideally like to do 1600 for the year.

ecoelle

Yargo1 wrote: »

Can i join please.

100 pound overpayment made today (set up as a regular monthly payment now) and will also aim for more..

Ideally like to do 1600 for the year.

Well done on becoming debt free this month...apart from the mortgage...and good luck. I do a £100 OP each month as a Standing order, then i pop into the branch every time i have extra. Just make sure when you go to pay any extra in branch that you make it clear to them that it's an OP and not money towards next months payment. There is a fab spreadsheet you can use to show you how your OP are impacting on the interest you pay:) I didn't design it i think credit goes to financial bliss but if you search there is a link for how to do it on here.

pollys

Hello

I joined this thread in January but have not updated until now.
I am overpaying by £250 a month so have overpaid £1,000 so far. We are hoping to finally clear the mortgage this year.

Pollys

rockabelle

So with a little bit of jiggery-pokery, I’ve borrowed from my savings to pay an extra 150 today. The reason for this, is we’ve now been in our house for 1 exactly 1 year, and I realised that with this payment, we’ve paid off 12% in the year. An average of 1% a month works for me! (Though it really isn’t going to continue!)

katiegizmo

Katiegizmo - 133

Have paid off another £500 overpayment this month taking this year to £1670 so far

Just had to have a word with our mortage provider who'd seen our overpayments and reduced down the monthly amount we pay by direct debit - meaning we wouldn't be payijng off quite so much each month. Was annoyed as I'd specifically asked them never to do this when the mortgage was set up. Nevermind, they've changed it back now but something to watch out for in the future...

curlygirl1971

I'm actually happy for them to lower my standard monthly payment as I have a policy (Life, Critical, Redundancy) and I've noticed that the monthly premium rises and falls when ever the standard monthly payment has.

On 1st May my SVR goes up to 3.99% but because I've been OP'ing my Standard Mortgage Payment will actually go down by about £50 I think. So I'm hoping that when my Standard Payment goes down by X, then my Premium will also go down a little by Y, so I then I will increase my OP amount by X+Y=Z.

Pfff well I know what I'm talking about even if no-one else does


Mortgage payments have now hit the balance and it's a rather seductive looking 26558. I really do have rounding down OCD at the moment, and am trying my hardest to be happy at the 26558 and not feel in the slightest bit sulky because its not 25999. Who am I kidding, what I really want is 24999 but I guess I just have to be patient