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QB Wolf's long and winding road

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Comments

  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Our new mortgage has taken effect and the daily interest has gone from £19.08 to £13.54 :T.


    I'm having December off from overpaying - need to get my (financial) house in order and then have a good crack again next year.
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
  • sweetdaisy
    sweetdaisy Posts: 1,249 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Great news about the reduction in interest. I love seeing the interest reduce and look forward to the day we become fully offset and pay no interest at all :D.
  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Happy New Year x
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
  • muddywhitechicken
    muddywhitechicken Posts: 3,940 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Happy New Year to you too QBW :)
    Mortgage at highest (April 2008): ~£195,000
    Mortgage-free: January 2021
    Retired: June 2022 (186 months early!)
  • sweetdaisy
    sweetdaisy Posts: 1,249 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Happy New Year QBW :).
  • pennyforthepot
    pennyforthepot Posts: 652 Forumite
    Just wanted to pop by and say how much I've enjoyed reading your diary - which I've just done from start to finish on this wet New Year's Day. I hope your mojo returns so I can read some more:)

    Having bought and sold many times in the last 25 years the one thing I have learned is to wait until I have an offer on my house before I start to look - it saves many a disappointment.

    Good luck for 2014 - you're doing just grand:)

    PFTP x
    Goal:to save £16,000 by 30/09/2019 claw back rental costs
    May18 -£2,954.33/£16,000
  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Thanks SD & MWC :)


    Thanks to you PFTP, I love it when someone reads my diary - glad it was enjoyable, I think that's good advice, but looking has helped us I think in terms of understanding what we want and don't want, but we've certainly slowed down the viewings. :)
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Time for my six monthly report, been posting for 18 months now.

    Won't go into to too much detail, but I'm £5k better off than I was 6 months ago. My progress has slowed a little, I'm about £18k better off than I was when I started.

    The aim for my yearly report in June should be to knock another 6k off.
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
  • pennyforthepot
    pennyforthepot Posts: 652 Forumite
    QB_Wolf wrote: »
    I'm £5k better off than I was 6 months ago.

    :beer::beer::j:beer::j:beer::j:beer::j:beer::j


    YAY! Well done :)

    PFTP x
    Goal:to save £16,000 by 30/09/2019 claw back rental costs
    May18 -£2,954.33/£16,000
  • QB_Wolf
    QB_Wolf Posts: 722 Forumite
    Pay day tomorrow and I need cash, have somehow slipped into overdraft, credit card bill has also gone up, so OPs are on a backburner until we get straight.


    Work is busy, busy, busy but I'm enjoying it. Having a big sort out at home and in the middle of getting rid of a lot of paperwork. Can't wait for the weekend :j
    Start Date 16/09/2015
    Original amount outstanding = 225,000 Current amount outstanding =199,812
    Original LTV = 64% Current LTV = 49%
    Original Pay Off Date = Sep' 36 New Pay Off date = Sep' 36
    Original Dly Int = 17.17 New Dly Int = 17.17 Total OP = £1319.31
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