2014 mfw

OS_QS

hi OS QS, number 38 stopping by to report a total January op of £1337.62 :T:T:T soooooo pleased! wasn't easy and i'm really hoping that I can maintain it.....och you can dream, huh?!

stoplurking

Number 32 here. Sorry I have not overpaid. My mortgage provider states on website that only regular payments reduce the term so I need to get in touch and tell them I will be making regular payments.

muddywhitechicken

#23 reporting in with £1,163 for February

Thanks JCL

MWCx

mortgage_girl

#77 with a final OP total of £527.20 for January

Thanks ever so much JCL.

MGx

chirpchirp

A very quick question about the spreadsheet.

Presumably to be ahead of target you need to be hitting above 8.33%. What is being counted as being on target as even small percentages are showing as being on target. Just wondering for the long term.

Thanks JCL for all the work this involves.

ajmoney

chirpchirp wrote: »

A very quick question about the spreadsheet.

Presumably to be ahead of target you need to be hitting above 8.33%. What is being counted as being on target as even small percentages are showing as being on target. Just wondering for the long term.

Thanks JCL for all the work this involves.

I am guessing that your total divided by 12 would give an amount and if you have paid that or more then you are on target or ahead. I haven't looked at the chart and am on my kindle so can't check for you, sorry.

VoucherMan

chirpchirp wrote: »

Presumably to be ahead of target you need to be hitting above 8.33%. What is being counted as being on target as even small percentages are showing as being on target. Just wondering for the long term.

Unless JCL's changed the formula...

To be classed as 'On Target' you need to have paid 1/12th (much easier than percentages;)) by the end of January. Then you've got until the end of February to pay the next 1/12th before it changes.

The chart was last updated in January so no-one would be classed as 'behind'.

Later in the year for every 1/12th of your target you fall behind at the month end you'll become 'Slightly behind', 'Slipping' then 'Must try harder' if you're 3/12th or more down on your target.

At the other end..

If you paid 1p more than 1/12th in January you'd be 'Ahead of schedule'. Once it rolls into February you need to have paid more than 2/12ths to get there again... and so on.

Hope that makes sense.

Just for fun - a blank copy of lasts years sheet with some examples. Editable in case you want to add your own figures.

Crumpets

#40 reporting £338.55 op for February :T

Thanks JCL :beer:

Beckyy

#54 reporting February OP of £214 :j

Thank you for the spread sheet, looks great!

suse*

HI number 65 here. jan overpayment £161.40 Feb overpayment £145 total ops to date £306.40