📨 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!

2014 mfw

Options
11819212324131

Comments

  • teabody
    teabody Posts: 208 Forumite
    Part of the Furniture 100 Posts
    #96 £500 overpayment today!!!:j

    I couldn't wait!!!Plus it drives me mad to know that the earlier I pay the less the interest will be!

    50% of my target done! £500/£1000
  • Gaz83
    Gaz83 Posts: 4,047 Forumite
    1,000 Posts Combo Breaker
    Are folk just making overpayments as and when? I'm saving up and making an overpayment each month on the same day as my normal payment, but am I better to just make an overpayment as and when I've got a spare tenner?
    "Facism arrives as your friend. It will restore your honour, make you feel proud, protect your house, give you a job, clean up the neighbourhood, remind you of how great you once were, clear out the venal and the corrupt, remove anything you feel is unlike you... [it] doesn't walk in saying, "our programme means militias, mass imprisonments, transportations, war and persecution."
  • kaz100jay
    kaz100jay Posts: 57 Forumite
    Part of the Furniture Combo Breaker
    Hi
    Would love to put my name on the list please
    my target is £1000
    Mortgage 2nd Oct 2012 = £142,615.61
    MFD - Dec 2041 :eek::eek:
    Mortgage 20th Sept 2013 - £139,296.31
    OP 2013 = £800
    MFW 110 - OP 2014 - £867.50/£1000
  • black_taxi_2
    black_taxi_2 Posts: 1,816 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    gaz same day as monthly payment payment is fine,that's what I've done,easier to keep record of,just for reference
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • easylife73
    easylife73 Posts: 332 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I'd love to join in with this, but am worried are OPs would be laughably small compared to everyone else's! We only started trying to OP last year and I averaged a paltry £40 a month. Also, we're going to be taking out a third :eek: mortgage to adapt the house at some point this year, so our mortgage will actually be going up. Would I still be able to join and just ignore this and count any payments above an beyond whatever our normal monthly payments are with either the 2 or 3 mortgages?
  • skaps
    skaps Posts: 2,255 Forumite
    easylife no matter how small the OP it all adds up and reduces the interest. Join and do it whatever way is best for you. When I first started 4 years ago my monthly ops were 50. It all helps.

    #68 First op of 600 gbp has gone out this month.
    MFW 2016 No 68 £1300/£8500 No new toiletries Cook sth different
  • Thanks skaps, go on then, I'll join! Do I need to PM JCL or just put it here? I'd like to put £1000 as a target but I'd rather put a lower target and not have to take out as much with the third mortgage, as it will be at a higher interest rate than the current two, so I think I'll aim for £750, which I think would make mine the lowest target on the spreadsheet :rotfl: Don't mind what number I am.
  • pollyanna24
    pollyanna24 Posts: 4,390 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have overpaid £1,000 on my mortgage this month, hopefully this is the right place to put this so it can be added to the spreadsheet.
    Pink Sproglettes born 2008 and 2010
    Mortgages (End 2017) - £180,235.03
    (End 2021) - £131,215.25 DID IT!!!
    (End 2022) - Target £116,213.81
  • Hello :)

    Please can I play again this year ? My number was 105 but I don't mind if its already gone.

    Total overpayment for the year £2517

    Happysocks - January overpayment of £209.73
  • easylife73
    easylife73 Posts: 332 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Hoping I've been added, have made overpayments this month of £32.80 so far.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.