I will be MF, I will be MF! <3

carla_004

I'm going to start a little diary of my own

Mortgage is £74,065 over 25 years.
Interest fixed 2 years is 6.29% - calculated daily.
Monthly repayments are £487.23

Overpayment without penalty is 10% per year so this year £7406, I would aim for this but I only really earn about that much a year :rotfl:

Hoping to make £250-£300 in overpayments each month from me (and see what partner will contribute).

This month (Jan 2013) I have paid an extra £900 in overpayments :T
This is a one off, most of it's from savings ...

I also have some money in my paypal and £94 in money box to add this month.

I'm quite a good saver, I push myself to achieve things so reeeeeally hoping to get this mortgage out the way in under 10 years (secretly aiming for 8).

On a little side note I used coupons on the monthly shop and saved £40!!! last week, every little helps :beer:

Kodagirl

Hi,Carla,
Welcome on board,i get the impression your slightly addicted to this O/P malarky already,... like me!!!!:D

Well done,i hope you have kept some of your savings back,though for one of those little rainy days,although im only down to £250,currently,due to having to splash out on a blimin washing machine!!:(
Goodluck on your mission!!!

Octobergirl

:wave:Morning carla,
That's a fantastic start. We're on similar figures, but have chosen to reduce the term from 20 years to 10. It means I don't have any option and HAVE to make those overpayments
Good luck, I think you'll have it cracked in under 10.

carla_004

Kodagirl wrote: »

Hi,Carla,
Welcome on board,i get the impression your slightly addicted to this O/P malarky already,... like me!!!!:D

Well done,i hope you have kept some of your savings back,though for one of those little rainy days,although im only down to £250,currently,due to having to splash out on a blimin washing machine!!:(
Goodluck on your mission!!!

Hiya!

Very, it's seeing how much money I will save on interest that I love haha

Oh yeah I've got some behind still, I'm gona try and build up a '6 months work' worth of savings ... just in case. OH isn't very good with money so I need to be

Damn washing machines ... they're always the thing that breaks lol

x x

Octobergirl wrote: »

:wave:Morning carla,
That's a fantastic start. We're on similar figures, but have chosen to reduce the term from 20 years to 10. It means I don't have any option and HAVE to make those overpayments
Good luck, I think you'll have it cracked in under 10.

Thanks hun,

Ohh we should have a race! Spur us on even more lol

x x

carla_004

This week I've done about 9 hours overtime, not much but every little!
I've got feeling this diary is going to be full of that little line ... anyone would think i work for Tesco!

carla_004

Busted open and 'unopenable' money box (for house deposit) and had found I'd saved £94, that plus £70 I've raided from my Paypal account selling stuff on ebay and tomo will make another overpayment of £170 :beer:

*might as well add the £6 to the £94!

HelenDaveKids

Well done so far. good luck

carla_004

Thanks = )

:beer:

carla_004

Could anyone explain how to make n excel spreadsheet? = )
As if to a 5 year old ... haha

x x

catshark88

Can't help re spreadsheets, but welcome!

There is so much support and advice on here, it's great. Lots of tips over in Ols style too.

Cs

Kodagirl

Hi,Carla_04!!
Hope your well,love it,busting into your money box,thats what im using for my loan fund,its great,i struggle to get me money out too,im using that to pay my loan off.

Explain,excel spreadsheet,as if to a 5 years old!!! lol Well your better than me,i would ask,explain it to a 5 mth old!!!

Keep up the good work!!! :-)