2016 mfw

NewMoneySaver13

Hi Lomcevak.

Please can I retain number #123 if possible please, and will set a target of £4250 for the year.


Good luck to all for the year with their targets!

Lexi-lu

No.58 £7,800 o/p January.

Thank you Lomcevak

LL

My_Lovely_Carrot

May I join please, I have just made my first standing order over payment of £1068.70 on the 14/01/16. My mortgage balance as at 15/01/16 is £151.168.60. My OP goal is £13K this year, as still doing renovations. Thank you.

jb_lord

First OP made!!! £54.44. Whoop whoop!! More on payday.........:j

MFW # 60 - nearly forgot!

Southernman

I have made an overpayment of £156 for January #16

Thanks

Lomcevak

Spreadsheet updated

Welcome back Sundaysgirl and kbl, I've given you #123 and #132 again as requested. And welcome back too NewMoneySaver13 - you've confused me a bit by asking to retain #123 as you were #148 last year, I've given you that again as I'm assuming that's what you meant. Sundaysgirl has #123.

Welcome too to Ali-OK, nv200, and My Lovely Carrot

ElusiveLucy - well done on getting so near to the end, do pop in and tell us when you've made it. Always very motivational to see someone get over the finish line. And we're here if you get tempted by an OP or two to bring it even closer

I'm much better diverting to my pension as well which is why I have reduced my amount ... but the habit of slinging money over to the mortgage won't go till its all paid up

I balance between the two - although the pension is most efficient for me, the mortgage is still uncomfortably large if we ever needed to make major life changes so I'm looking to get the mortgage down to a point where it's an easy remortgage to lower outgoings if we ever needed it.

shangaijimmy - I love reading the techniques people have for trimming a bit extra off the mortgage, and

I do it every morning to the nearest pound. If it's already tidy as nothing spent the day before then I tidy a whole pond as a reward.

This is great! Going to have to give it a try

emg

MFW#42 A little bit more paid off today. OP of £61.38 means a total of £325.62 overpayments for January so far.

I love the 'tidying up' idea too!

shangaijimmy

We should do a sub-thread for daily TT's!

Mortgage_Minimiser

Hi All,


MFW #46 - Jan overpayment so far £100.13.


Not sure if there is going to any more this month, we shall see.


Received my revised annual water bill on Friday and that's come down by £5 from next month so Ive already upped the automatic payment by that amount. Good job the small things DO make a difference eh???


Happy Sunday all


MM

e4rly

Good Morning all. I'd love to join if that's ok, with a target of £6,000.

At Christmas I crunched the numbers and nearly fell off my chair when I saw the difference overpaying could make. I've had my mortgage for just over a year and had originally intended to overpay, but strangely those good intentions never materialised!

So now, I've now set up the SO, filled out the right form and just need to wait for the SO to kick off...