advice please

juststuff123

Are you any good with a spread sheet? You'll need to be able in input calculations for the interest and the running balance. You can create your own calculator, that way you can specifically pick the ad hoc months you want to overpay for a more accurate estimate of your new mortgage end date. you can also play around with the Interest rates to see how that affects things. I have mine set up like a monthly calendar with the 12 months across the top and the years down the side. Once you've set it up it gets addictive and you can keep track of progress!

karren

Now that sounds good as I would have visual goal to work towards!

juststuff123

Let me know if you get stuck, I can give you some tips. It's a shame we can't do attachments, I could send a send a template.

midnight_child

2.79% is much more respectable!!

Incidently my tie in rate also ends Jan 2015, but im currently on 3.84% and im hoping to swap for something close to your current rate (or ideally slightly better ).

karren

We've really struggled to pay mortgage over years so if we can shave few years off it would be amazing to own the house and enjoy life more x

karren

well after a year ive been overpaying my the hundred
the loan is finished so have that buffer
and ive just arranged to return the car that was on finance back a year early ( my son for some bizarre reason at 15 was lucky enough to be given a car which has been until now sat on drive as he cant drive obviously so ill use that and if need be buy him a replacement when he needs it)
and will put the majority of that off the mortgage as its money we wont miss