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A MF day begins at midnight
Comments
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Hey MC
I can totally understand that feeling...I'm finding it very strange not making OP's...but have decided to hold off until the mortgage is in place with the new provider. I'm coping by living vicariously through MFW's....:p0 -
Hey MC
I can totally understand that feeling...I'm finding it very strange not making OP's...but have decided to hold off until the mortgage is in place with the new provider. I'm coping by living vicariously through MFW's....:p
Just found my word of the week
MCInitial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038
Mortgage remaining £68285
Daily interest £4.28
2017 MFW #14 £3746.90/£10,0000 -
At last I get a day off. Having a well earned rest. :j
MCInitial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038
Mortgage remaining £68285
Daily interest £4.28
2017 MFW #14 £3746.90/£10,0000 -
midnight_child wrote: »At last I get a day off. Having a well earned rest. :j
MC
Enjoy your rest.
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
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Happy weekend MFWers
Its a new month and I have updated my spreadsheet.
I hit a big milestone this month as I have now paid off one quarter of the mortgage:j
MCInitial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038
Mortgage remaining £68285
Daily interest £4.28
2017 MFW #14 £3746.90/£10,0000 -
That's brilliant - well done MC :T0
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Happy Quarter Day!!
Think of all that lovely interest they won't be getting from you.
Good job.4/10/25Three Years Mortgage Free Yay!
NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢
No Turtle gets left behind.[/b]
******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******0 -
Thanks.
Many of my acquaintances dont see the point of chipping away each month, when it doesnt make a big dent in the overall amount owed.
However, looking at how much interest has been saved helps me realise how worthwhile it is and is very motivational.
With zero overpayments I would have paid my bank about £62,000 in interest over the life of the mortgage. As it stands if I make no further overpayments I'd only give them £43,500. :money:
MCInitial mortgage (Dec 2012) £108,000 3.84%APR MF date Jan 2038
Mortgage remaining £68285
Daily interest £4.28
2017 MFW #14 £3746.90/£10,0000 -
We got our mortgage offer last week, so I have all my stats, I will repay £1.81 for every £1 borrowed if I don't overpay. I have already made tables as to how fast it will be repaid with £X/£Y/ £Z overpayments a month.
If our mortgage payment was the same amount we have been paying in rent for the last 18 months, our 26 yr mortgage would last 6 years. I am aiming for MFin104/10/25Three Years Mortgage Free Yay!
NSTurtle # 55 🐢 🐢 🐢 🐢 🐢 🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢🐢🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢 🐢
No Turtle gets left behind.[/b]
******PROUD MEMBER OF THE TOFU EATING COALITION OF CHAOS !!!******0 -
Wow MC a massive well done to you :T
that's a fantastic achievement, you have done brilliantly. :j :j :jI’m a Forum Ambassador and I support the Forum Team on the Budgeting & Bank Accounts, Credit Cards, Credit File & Ratings and Energy boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
If you can't be the best -
Just be better than you were yesterday.0
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