We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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
-
Do you have any plans at the moment that you would want the remortgage money for? If you pay off the mortgage you can save the money each month, gain interest on it and pay for whatever you want outright.Pots: House £6966/£7100, Rainy day Complete, [STRIKE]Sunny day £0/£700[/STRIKE], IVF £2523/£2523, Car up-keep £135/£135, New car £5000/£5000, Holiday £1000/£1000, MFW #16 £2077/£3120
MFiT3 #86: Reduce mortgage from £146,800 to £125,000
Mortgage Sept 2014: £135,500, MF Oct 2035 Peak July 2011: £154,000, MF July 20360 -
Do you have any plans at the moment that you would want the remortgage money for? If you pay off the mortgage you can save the money each month, gain interest on it and pay for whatever you want outright.
thanks Peonie, thats the point, at the moment i dont have any plans! I also thought that saving the £700 extra a month would be a better idea but my colleague got me thinking.Grocery Challenge Feb 16 £346 /4000 -
#41 with an overpayment of £1,860 for May. Making progress!MFW 2015 #41 = £20,515/£20,515
MFW 2014 #41 = £26,100/£25,000
MFW 2013 #41 = £10,000/£10,000
Original MF date = May 2036 - MF achieved on 15 June 20150 -
preparing for my next OP, since I am near the limit I have checked with the bank and my total allowance is £15,866.
If you can amend my target to suit.
#80
Mortgage free - 01/05/2019, mortgage high £200k 20110 -
Okay sorted the payment.
#80
OP of £2000
Mortgage free - 01/05/2019, mortgage high £200k 20110 -
Number 17 - May OP of £150 :ALBM 14/12/06 £21,947.17 DEBT FREE 12/04/09
MFW - December 2010 £76,199 - 4th February 2021 £37,360.900 -
Friday update time.
Mortgagefreeby50 your op's been added for April.
UnionGirl you posted twice on the update form. I'm guessing it's because I'm so slow at updatingand you'd forgotten you'd posted. If you have made 2 payments let me know and I'll update your total.
rockabelle, JCL, saver03 and endoftherainbow your May ops are on along with both of yours southernman. I've put mine down as well. It's due on Monday.
I've updated your last three months newgirly.
lincoln-potter I've added your op & amended your target.
and another new recruit.
No.133 - ixia
.0 -
Thanks voucherman, it's nice to go from must try harder to ahead of scheduleMFW 67 - Finally mortgage free! 💙😁0
-
Hi Voucherman,
107. Matt with £339.86 for May so far. I need to up this else I'll start to slip off target.
Well done everyone, what a difference to the banks interest charged we've made!!!Mortgage at Highest- £126.995 Aug 2006
Mortgage- (Lightbulb moment, Sep 12) £95,571. (Jul13) £92,616 (Oct14) £88,224
OP Since Sep 12- £11,401.13, currently £8,416
Original Finish Date- Aug 2032
Target Date Aug 20200 -
No OP for me this month
because I need the cash for remortgage fees
Dumping the current 4.99% fixed that limited me to £499 OPs a month for a new 2.63% 5-year fixed that allows flexible OPs, drops the payment each month by £60, and I remortgaged for 15 years rather than the 18 the current one had to run, so it has cut three years off the mortgage too
Blimey, this remortgage lark takes a while, doesn't it? New mortgage is all approved and fees paid, but still waiting on the conveyancing to be completed - they reckon another two weeks. Was going to make a cheeky OP too so I could get something in the May column :rotfl:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.2K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.7K Spending & Discounts
- 244.2K Work, Benefits & Business
- 599.3K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards