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2016 mfw

edited 3 July 2016 at 8:56AM in Mortgage-Free Wannabe
1K replies 84.1K views
12467105

Replies

  • DurbanDurban Forumite
    368 posts
    Fifth Anniversary 100 Posts
    ✭✭
    Please can I be 97 again and a target of £3000.
    Many thanks Lomcevak
    Mortgage at highest start date - 25/9/2014 - £92000
    Mortgage now 23/5/2020 - £31,181
    MFD - October 2025 MF Goal Date 2021
  • selloptapeselloptape Forumite
    598 posts
    ✭✭
    Thanks for the 2016 thread!

    Please can I join again, any number is fine :)

    Target for this year is £1k but hoping to increase.

    x

    Save 12k in 2019 #8 £2432.65/£2,500
    MFiT T5 #22 Save £20k over 3 years £5495.08
    Walk 1500 miles in 2019 - 645.92/1500
  • Count me in please
    Target is £24,000
    (I'm capped on my OP but what I can't pay off il pop in a separate account for mortgage payment after I'm out my fix).

    Any number will do thanks
    Mortgage Start - August 2013 £145,000 ************ Balance at April 2017 - £59,000

    Target - Overpay by £2,500 each month ************** Mortgage free by December 2018!
  • Chutney86Chutney86 Forumite
    307 posts
    Fifth Anniversary Combo Breaker
    ✭✭
    Hi, can I have No. 93 again please. My target for 2016 is £1500.

    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
  • chocoholic_chickchocoholic_chick Forumite
    666 posts
    Debt-free and Proud!
    ✭✭
    I'd love to join again as I found the 2015 challenge so helpful, the problem is we have so many uncertainty's for 2016 I've no idea what target to set! Amongst other things we want 2016 to be the year we move home which will mean more than doubling our mortgage :eek: whilst we still would like to overpay, I don't know what we'll be allowed to OP and because of the massive increase to our mortgage, it will mean our monthly payments substantially increasing.

    I'm going to set a target of £4000 but fully anticipate this may need to be adjusted up or down as the year progresses.
    New House... New Mortgage! February 2017: £144,000 :eek:
    Current Mortgage Balance: £96,440.99
    2017 OP's:£5,935 2018 OP's: £11,956.00 2019 OP's: £11,988 2020 OP's: £1,998
    Total Debt[STRIKE] £29,209[/STRIKE] £0 :j:j:j Debt free 6/8/16
  • Important update! We have recently reviewed and updated our Forum Rules and FAQs. Please take the time to familiarise yourself with the latest version.
  • norfolkdreamnorfolkdream Forumite
    383 posts
    Sixth Anniversary 100 Posts Mortgage-free Glee!
    ✭✭
    Thanks for new thread :)
    Me please for the last time hopefully
    Target £1334 to be able to finish my mortgage in April, probably not achievable but definitely will be May :j
    Dont mind what number I have.
    MFW 16 No 33
    2016 OP Paid/Target 2063/£2063 (100%) COMPLETE
    Mortgage Free - Apr 2016 -DONE!:j
  • clarewclarew Forumite
    497 posts
    Part of the Furniture 100 Posts
    ✭✭
    Yippee! Being a non spreadsheet whizz I loved looking at the 2015 one and am v excited to continue on the 2016 journey!
    Please can I retain #5 and I will aim to keep my regular (and hard for me to fund) £256 a month so a total of £3,072 in 2016. Presuming interest rates rise that will increase the pressure to keep me on track too.

    Thanks for all the work in 2015 and thanks in advance for 2016
    Original mortgage 185k. 2003
    Current mortgage. 65k Jan 2020
    OP £321/month-Aiming to finish August 2025 instead of October 2028 (whilst keeping the 4 dependents fed,watered,clothed,sheltered and paying for school/activities paraphernalia):rotfl:
  • Hi,

    I would like to join please.

    I will aim for £750 in 2016, hopefully more.

    Thank you for running the thread.
    Savings for H2B Loan Annual £10, 774.65/£40,000Emergency Fund: £0/£1000 Car Maintenance Fund £0/£900
    Mortgage:October. 2013: £87,264 Sept ‘19 £72,812.65
  • ecoelleecoelle Forumite
    1.6K posts
    Part of the Furniture Combo Breaker
    ✭✭✭
    Me please. Not bothered what number I get. Total OP target of £1500 please
    :j:j:j:j:j:j:j:j:j:j:j:j:j:j 14 years to go on the mortgage
  • Hello, can I have no 82 again please, my target is £1000 :)
    MFW 2014 #82 £2000 / £2000 MFW 2015 #82 £1200 / £1000
    MFW 2016 #82 £1200 / £1000 MFW 2017 #82 £2350 / £2000
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