Mortgage Free in Three Yrs

ThankYouAndEnjoy!

Hello amazamum

IF you do look for another provider, make sure the cost of switching (if there are any - exit fees, legal fees and product fee's etc) are outweighed by the benefit you would make by making overpayment on a weekly basis. Also, are there products on the market that you would be able to obtain that are less than your current %?

The benefits of making an overpayment on a daily interest mortgage are instant - the interest adjustement is made the following day; it will however depend on what value of overpayments you are able to make on a regular basis. The mortgage product you have appears to work out interest a month in arrears .. it may therefor be that you are only 'losing' a few £s per month by the interest not being calculated daily (depending on your overpayment amount), which may be cheaper in the long run factoring in costs of switching mortgage providers.

Kaz2904

Not my birthday until Sunday (2904 geddit?!) but thanks muchly!! Hope DD has a fab birthday and enjoys boogying to high school musical. Off to take DS back to preschool now and then get on with some more work.

Dithering_Dad

Kaz2904 wrote: »

Hope DD has a fab birthday and enjoys boogying to high school musical.

Hi Kaz, it's not my birthday and if it was I'd not spend it boogying at a high school! Just what are you trying to suggest!! :eek:

Regards, DD

Hi Sloppy, I've just followed your trail of destruction across the boards. How come we got away with a nice post? Is it because Penny offered to pinch your bum

(I was reading this in the office and Sloppy's irreverent post and Penny's reply had me snorting into my keyboard. I had to pretend to have a coughing fit to cover it! :rotfl: )

Kaz2904

DD you are a wally! I meant Dearest Daughter (of catowen) Although I can imagine you in a gymslip being a cheerleader!

Why is it that some people just cannot help themselves being rude to everyone in the surrounding area? Strange that he vanished for a while and is now back spouting more bile than ever. I would just hate to get on the wrong side of him.

Dithering_Dad

Trolls don't bother me, it's sometimes amusing when they pick on someone their "own size" and you see them get a battering. I thought Penny was superb. I really did have to disguise my laugh as a coughing fit - not meant to be surfing & giggling in the office. Really funny.

EDIT: Hmnn!! Bit annoyed that she's never offered to pinch my bum, now that I come to think about it!

minimoocow

Mini update from Minimoocow . . .

Just looked at the figures . . . hmm long way to go! :eek:

DD - Mortgage outstanding at the start of this month was £51,051 - can you update my starting figure (Was thinking it's not that different don't bother but then thought about it - £1,000 is loads of money and I could do a fair bit with the other £51 too!! :rotfl: )

Anyway, will give a proper update at the end of the month when I've worked out what we've spent but . . .

Targets for this last month were:


*Keep spending below £1,400 (possibly not done due to a few pre-planned extras!)
*Pay £1,000 off the capital(will be close but since Jan we have paid nearly £4k off so won't be too harsh on myself just this once!)

Next Months Challenges:

As above, plus hopefully getting payrise so pay that it too! Was going to put get the house re-let for next year but OH managed to do that today :j so just need to let one room (Student house)

I think this challenge is great - it's really nice to know we're not the only one's in the country mad enough to attempt it. And I'm hoping you can all keep me on the straight and narrow when I get fed up with being frugal!

Good luck to all fellow challengers (and supporters/cheerleaders . . . )

MMC

TrikerAndBiker

Kaz2904 wrote: »

Not my birthday until Sunday (2904 geddit?!) but thanks muchly!! Hope DD has a fab birthday and enjoys boogying to high school musical. Off to take DS back to preschool now and then get on with some more work.

Kaz, sorry this is a bit early but we are away for the weekend...so...

HAPPY BIRTHDAY :beer:

:bdaycake:

tigtag02

Kaz

Mine's early too but thats coz I have a carp memory

HAPPY BIRTHDAY TO YOU
HAPPY BIRTHDAY TO YOU
HAPPY BIRTHDAY TO KAAAAAAAAAZZZZZZZ
HAPPY BIRTH DAY TO YOOOOOOO-UUUUUUUU

AnW'sMum

Booohoo I had my sig removed because it had a link for this thread

Well done to everyone this month, keep up the good work

AnW'sMum

In cheerleader mode, repeat after me

*one month down 35 to go, we're are gonna ditch the mortgage co* :T :T :T