2013 mfw

Barny1979

Well I'm now into a 5-figure mortgage!! Current balance is £99,923.30!!!

kirstypark

:TBarny, well done on getting below 99k, just a small change mortgage now:rotfl:

elantan

Well done barny that's a big step taken

fluffysox

Well done on reaching the under £100grand milestone Barny. Looking at your signature- under 4 years to reduce mortgage by a third is something to celebrate too:j :beer::j

toerag33

Hi

toerag33btl - no 8 OP £125.00 - hopefully more to follow.

Sun is shining here - a very pleasant surprise. Hope it is the same for everyone else.

Exciting times Barney1979 - All downhill or uphill now. Well done you and all of us who are managing to head in the same direction - MFW's.

Many thanks SouthernMan.

Kind regards
toerag33

Barny1979

OP of £23.30 made to round down to £99,900.

Jackies

Dh finally put his savings aside for this month give us another £300 to add to Marchs' total (he gets paid at the end of the month!) which takes Marchs total to £600 too - so for three months in a row we have beaten our anticipated monthly goal........and to top it off we've dropped our monthly mortgage outgoing by £6 - every little helps right!

Gadfium

Overpaid by £1K this month. This is £500 extra due to an error when moving bank accounts. Ahh well, it's all to the good. And according to a quick calculation that extra payment should end this mortgage 2 months earlier than planned.
Mortgage now £98.3k, so that's approx £5K cleared in total since the beginning of December.

Marie27lol

Evening All

I have been playing around with some sums to find out if my daily interest has improved ...

From £12.38 down to £11.85! WOOT :beer:

But my standard monthly OP starts at £100, which doesn't even pay for that month's interest on the mortgage.. ARGGHHHH :mad::mad::mad:

That bit of info is just sooo despairing, why do we bother ...

M

pammyj74

Marie27lol wrote: »

Evening All

I have been playing around with some sums to find out if my daily interest has improved ...

From £12.38 down to £11.85! WOOT :beer:

But my standard monthly OP starts at £100, which doesn't even pay for that month's interest on the mortgage.. ARGGHHHH :mad::mad::mad:

That bit of info is just sooo despairing, why do we bother ...

M

Its not about covering the interest, its about tackling the loan which in itself means you pay less interest.
So far this year I have saved myself over £500 in interest by my OPs


Another OP of £245 which has taken another month off my end date :j

Total OPs so far £2260/£6000 - 38%

Only another £200 to take me out of the £40ks into the £30ks :T