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Pammy's 5 Year MF Challenge - New Year New Target

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Comments

  • pammyj74
    pammyj74 Posts: 3,290 Forumite
    Have OP'd £250 today and knocked another month off my term and a brick off my wall :D
    MPs left feb '08 276- Dec 13 36 :T MB Jan 10 ~ £82,377 Dec 13 ~ £29987
    EMFD was Feb 32 :eek: NOW Dec 2013 its Dec 2016
    MF new target Dec 16 REACHED!! :j
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Who cares. Puppy pics please :D.

    Just kidding, that's great progress! Well done :T.
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • pammyj74
    pammyj74 Posts: 3,290 Forumite
    haha havent you seen them on FB?
    MPs left feb '08 276- Dec 13 36 :T MB Jan 10 ~ £82,377 Dec 13 ~ £29987
    EMFD was Feb 32 :eek: NOW Dec 2013 its Dec 2016
    MF new target Dec 16 REACHED!! :j
  • pammyj74
    pammyj74 Posts: 3,290 Forumite
    cute.jpg

    smile1.jpg

    I have also started a puppy blog (which I havent updated for a few days) here at https://www.scooterthescamp.wordpress.com :)
    MPs left feb '08 276- Dec 13 36 :T MB Jan 10 ~ £82,377 Dec 13 ~ £29987
    EMFD was Feb 32 :eek: NOW Dec 2013 its Dec 2016
    MF new target Dec 16 REACHED!! :j
  • newgirly
    newgirly Posts: 9,348 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Pammy I love the blog, the photos are lovely too, he is just soooo cute!
    MFW 67 - Finally mortgage free! 💙😁
  • yukkibear
    yukkibear Posts: 5,556 Forumite
    Part of the Furniture Combo Breaker
    aww puppy is gorgeous. Well done on the overpayment too
  • gallygirl
    gallygirl Posts: 17,240 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    pammyj74 wrote: »
    haha havent you seen them on FB?
    Yes but they're bigger on here :rotfl:. Too cute :)
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    :) Mortgage Balance = £0 :)
    "Do what others won't early in life so you can do what others can't later in life"
  • newgirly
    newgirly Posts: 9,348 Forumite
    Part of the Furniture 1,000 Posts Mortgage-free Glee! Name Dropper
    Yoo hoo Pammy ? I'm guessing that you are busy training the pup at the moment :D Hope all is well!
    MFW 67 - Finally mortgage free! 💙😁
  • pammyj74
    pammyj74 Posts: 3,290 Forumite
    So sorry I havent been on my thread for a while. Life is pretty hectic at the moment but the OPs are still going on :D

    I can now state that I have made my yearly OP target :j :D :beer:
    I op'd £650 this month and my total for the year is £6045 :D

    housebricksNov12.jpg

    housegraphnov12.jpg

    so figures for 2012 so far below:

    Total Actual payments: Jan, £1,196 Feb; £1146, Mar; £1396, Apr; 896 May £1230, June £1,110, July £1,185, Aug £1460, Sept £1710, Oct £1,360 (Total = £13,089)

    Original scheduled payments: Jan, £696; Feb; £696, Mar; £696, Apr; 696 May; £711, June; £711, July £711, Aug £711, Sept £711, Oct £711 (Total = £7,044)

    Payments over/above original schedule: Jan, £600 Feb; £750, Mar; £700, Apr; £200, May; £520, June £400, July £475, Aug £750, Sept £1,000, Oct £650 (Total= £6,045)

    Interest saved according to my SS: Jan, £193.77; Feb, £232.38; Mar, £211; Apr, £66.96, May £173.25, June £130.09, July £181.86, Aug £230, Sept £295, Oct £185 (Total: £1,899.21)

    Interest per day: Jan, £5.55; Oct £5.24

    Interest per month:     Jan, £170; Oct £162

    Mortgage balance: Jan, £57,323; Oct £46806

    % of mortgage now paid off: Jan 36%; Oct 48%

    LTV - Jan 2012, 52.11%; Oct 42.55% (based on £110k value)

    Months shaved off in 2012 - 10 months (25 left to shave to reach target) keeping to my target of one month off each month :D

    Months left to pay - 6 years 3 months (75 payments) as of Oct

    My new mortgage free date is now January 2019 :) Am hoping to knock 3 years off that though then I have plans to redo the kitchen and bathroom the following year after saving madly
    MPs left feb '08 276- Dec 13 36 :T MB Jan 10 ~ £82,377 Dec 13 ~ £29987
    EMFD was Feb 32 :eek: NOW Dec 2013 its Dec 2016
    MF new target Dec 16 REACHED!! :j
  • Radish72
    Radish72 Posts: 2,075 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Well done Pammy, the graph really shows how well you are doing

    I might have to do myself a graph tomorrow :)
    Mortgage Aug 12 £165K, Aug 19 £0
    ISA challenge start 2019 £3000/£1500 (50%)
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