We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
2013 mfw
Options
Comments
-
catslovelycats wrote: »if it's not 'breaking rules'
If it is then it's a rule I've not heard of.
If it helps to get the mortgage paid off earlier then it has to be good.
Total amended.0 -
Hello, can I join in?
After 4 years of debt clearance I want to spend the next 3 years paying off our mortgage.
Target for mortgage reduction in 2013 is £20,000. This is net reduction target and includes normal and overpayments, but not interest.
My Life0 -
0
-
catslovelycats wrote: »It's not just OPs, but is the amount I'd like to try to pay off my mortgage in 2013 - includes my standard payments and overpayments. Think this will motivate me more if it's not 'breaking rules', if it's OK....Target for mortgage reduction in 2013 is £20,000. This is net reduction target and includes normal and overpayments, but not interest.
Exactly the way I am doing my 16k!!Mortgage 12.12.12 £55842 12.12.13 £42716 14.12.14 £28837 13.12.15 £25913
Mortgage OP £50/£600 House Fund £420/£50000 -
New challenger joining, please!
Have just posted Dec's OP on 2012 mfw thread and found this one!
Don't care on number
OP target = £10000 - we're a little stretched for funds next year, as lots of work planned on house and husband's contract finishes in March and he has nothing kined uo yet.....I am the master of my fate; I am the captain of my soulRepaid mtge early (orig 11/25) 01/09 £124616 01/11 £89873 01/13 £52546 01/15 £12133 07/15 £NILNet sales 2024: £200 -
0
-
Hi VoucherMan,
Can I join please? It will be the first time I've signed up, but I have been regularly overpaying for a couple of years and also enjoyed reading the threads. Would like to reduce mortgage by £5,000 in 2013.
Thanks0 -
Hi, please can I join also?
I'd like to aim for £9000 overpayments in 2013.
CheersMortgage debt : -£17,000
2019 overpayments : £23,0000 -
can i change my total too please? I want to pay 12000. off the total to include regular payments, regular overpayments and any bits i find extra to overpay. Thank you:A. (number 7 my lucky number!)
. mortgage 2 87,000 due 51,686.76 at july 2013, but then:new home and remortgage ... £101065.43:eek: now 74k
0 -
Hello everyone,
Some very impressive targets being set for 2013, brilliant!
I have now set my OP target for the coming challenge (and put it on the spreadsheet VoucherMan!) but may need to amend it later, we'll see.
The challenge has, for the last two years that I've been a challenger, helped so many people keep on track with their OPs and, in 2012, played a part in the complete clearance of eight mortgages. It's too early yet to say what our final total of OPs will be for 2012 but our target was just over £1million and we are very close!
Good luck everyone, you've come to the right place to support you in OPing your mortgage over the next 12 months. Remember, it doesn't matter how little or large your OPs are, the fact that you pay anything extra off is the key!
I look forward to following the challenge with you all through 2013.
Take care,
SpigsMortgage Free October 2013 :T0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards