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A MF day begins at midnight

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Comments

  • midnight_child
    midnight_child Posts: 390 Forumite
    Cheers Dobbi,

    Got to think up some goals for 2016. :idea:

    MC
    Initial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038

    Mortgage remaining £68285
    Daily interest £4.28
    2017     MFW #14 £3746.90/£10,000
  • catriona79
    catriona79 Posts: 855 Forumite
    Ah, great stuff! Well done.

    What is that going going to be?
    * * * Catriona's Credit Card Countdown * * * from -£16k to debt neutraldom - for my debt diary click here
    Barclaycard -£5,867.52;
    mbna1 - 3,009.22
    mbna2 - 1,755.70
    Savings £5,017 MFiT #25 £2,627/£10k; daily interest £5.04
  • jeanangeo
    jeanangeo Posts: 141 Forumite
    Hi there,

    Just wanted to say "Hi" and well done for achieving the 20% goal. I'm only just starting one and I love the idea of the extra spreadsheet tab. Thanks for sharing it :)

    jeanangeo
  • midnight_child
    midnight_child Posts: 390 Forumite
    Well I do want to get into the 70's in 2016, but apart from that I dont have any specific goals in mind yet.

    I'm a little torn at the moment as I'd like seeing the amount of the debt going down quickly, but I know I could get the money to work for me more efficiently by offsetting it in savings. Will probably go for a halfway house between the two as this will ensure I am within the 60%LTV bracket in time for the next renegotiation in early 2017.:D

    MC
    Initial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038

    Mortgage remaining £68285
    Daily interest £4.28
    2017     MFW #14 £3746.90/£10,000
  • midnight_child
    midnight_child Posts: 390 Forumite
    Hey Jeanangeo, and welcome to my diary :wave:.

    I read your story the other day (I cant resist a new diary), and you are making great progress already. I'm sure you will be able to remove the yoke of NRAM before you know it. Have you thought of approaching alternative bank for a mortgage chat as they may be able to do a quick computer based valuation and it will at least give you an idea of what you are aiming at before you can dump the current mortgage.

    MC
    Initial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038

    Mortgage remaining £68285
    Daily interest £4.28
    2017     MFW #14 £3746.90/£10,000
  • BookWorm
    BookWorm Posts: 2,511 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hiya MC - well done on paying off 20% of the mortgage :T
  • mortgage_girl
    mortgage_girl Posts: 880 Forumite
    Part of the Furniture 500 Posts Combo Breaker Mortgage-free Glee!
    Whoop, whoop! I second BW's comment. Well done! _party_

    MGx
    :jMortgage free 08.08.19 :j
    2018: £19410.25 / £9,300 2017: £7646.64 / £11,000 2016: 4557.98 / £11,000 2015: £10,230.37 / £11,000 2014 =£6703.26 / £11,000 2013 = £4288.51 / £8000 2012 = £1600/£5000 2011 = £2579/£3000
    MF date was Nov 2041 - mortgage neutral 23.07.18

  • Fliparoo
    Fliparoo Posts: 108 Forumite
    Part of the Furniture Combo Breaker
    Hi,

    I don't normally post, but logged on to say congratulations on your journey so far. I read the whole thread yesterday!
    Best of luck for 2016!

    :beer:
    Fliparoo
  • midnight_child
    midnight_child Posts: 390 Forumite
    Fliparoo wrote: »
    Hi,

    I don't normally post, but logged on to say congratulations on your journey so far. I read the whole thread yesterday!
    Best of luck for 2016!

    :beer:
    Fliparoo


    Thanks, hoping your insomnia is now resolved :D

    Sadly I don't have time to be updating myself on the MFW diaries at the moment as I have several projects at work that need finishing urgently. Not even started buying Christmas presents :eek:

    At least I get the whole holiday off to recuperate.

    MC
    Initial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038

    Mortgage remaining £68285
    Daily interest £4.28
    2017     MFW #14 £3746.90/£10,000
  • Luckyinlife
    Luckyinlife Posts: 1,613 Forumite
    Well done midnight :]

    I know the money could work harder for you but just remember the better the ltv come remortgage time the better the rate

    youv done so well tho well done
    Mortgage--- [STRIKE]£67700 March 15[/STRIKE] [STRIKE]£65221 April 15[/STRIKE] [STRIKE]£64983 July 15[/STRIKE] [STRIKE]£64780 sept 15[/STRIKE] Remortgage [STRIKE]£67295 oct 15[/STRIKE] [STRIKE]£66599 Nov 15[/STRIKE] [STRIKE]£65878.73 Dec 15[/STRIKE][STRIKE] £64834 1st Jan 16[/STRIKE] [STRIKE]Feb 16 £64,511.89[/STRIKE][STRIKE] March 16 £64,056.40[/STRIKE] [STRIKE]April 16 £62550[/STRIKE] [STRIKE]May 16 £62,396.20[/STRIKE] Feb 17 £60.800
    Emergency fund 23k
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