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2016 mfw

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Comments

  • How hiddenshadow thats an awesome target!!

    No. 89 reporting first OP of 2016, £2000 for January but hoping i might have pennies left for another at the end of the month.
    Good luck all xx
    1.7.15: £157,469.64, 10.02.16: £93,434.74
    FIT-4 #34, MFW 2016 #89 (£7350/24000)
    Target MFW Dec 2018
  • Number 15 checking in as well!

    I made an overpayment of £200 this week. I had hoped to make it at £500 but decided to book a holiday for Lanzarote for 2017. I aim to make up the remaining £300 by the end of the month so that it still falls within the target of £500 per month.

    Miss Pinky
    MFW #15
  • Yorkielass
    Yorkielass Posts: 2,235 Forumite
    Part of the Furniture Combo Breaker
    Yorkielass Number 44.

    Have called up the Co op this afternoon and I can overpay a bit more than I thought (it's the balance including the overpayment fund not excluding it) so we're unlikely to get to that number this year.

    However I would like to increase the target to £14000

    This means about £4500 extra after our regular overpayments - the challenge will be to think about this over the year and not have a burst of encouragement at the start of the year, then let it slip and then scrabble for a big payment at the end.

    If we can do that we'll take another 3 years off this year, so be 10 years off in 4 years.

    To summarise:

    Yorkielass 44 - new target of £14,000

    First payment to report please regular dd overpayment - £792.54

    Thanks
    Initial Mortgage January 2024 - £160,000
    Initial Mortgage free date - January 2058
    Mortgage as of 1st February 2024 - £159,134.98
    Overpayments to date - £79.62
    Current Mortgage free date - January 2058
  • elantan
    elantan Posts: 21,022 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Elantan no 1 ... my first £50 of the year.... Tis gonna be a hard year this year so I may have to make smaller contributions but hopefully they will be more often :)

    Hope everyone had a guid new year xxx
  • Chutney86
    Chutney86 Posts: 307 Forumite
    Eighth Anniversary Combo Breaker
    #93 with an overpayment of £116 for January

    Thanks Lomcevak :)
    SPC #23 - 2015 = £319.60 / 2016 = £315.50 / 2017 = £490.75 / 2018 = £295.50 / 2019 = £267
    MFW #93 - 2017 = £1942.84/£1900 / 2018 = £8591.23/£9050
    MFiT-T4 #28 = reduced mortgage from £109,000 to £77,000
    MFiT-T5 #34
  • Kerfuffle
    Kerfuffle Posts: 1,384 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    # 137 with the first over payment of the year 56.06gbp
  • Beckyy
    Beckyy Posts: 2,833 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Can I join and continue with #54 please?

    I haven't got a target just yet, will confirm asap.

    Thank you for starting the thread.
  • turtlemoose
    turtlemoose Posts: 1,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 6 January 2016 at 5:56PM
    £1132 for me please (£111pm) . I'd like number 92 if it is still available, if not then any is fine :)
  • £1132 for me please (£111pm) .

    I trust you are not superstitious as that is an awfully long time to be stood on one leg. :rotfl:
    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
  • No 100 Please can you put me down for £500 for January please, many thanks for running the challenge again this year, hope u r all better now!
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