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2016 mfw

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  • User1489
    User1489 Posts: 400 Forumite
    Fourth Anniversary 100 Posts
    overpayment of £1,596.10 today - bonus payday :)
    Baby Step 1 - £1k Emergency Fund - COMPLETE
    Baby Step 2 - Pay off all debts except the Mortgage - £9,326 to go
    Baby Step 3 - Save 6 months of expenses into full Emergency Fund - £4,300 to go

    Baby Step 4 - Put 15% into Pension
    Baby Step 6 - Pay off the Mortgage early
    Baby Step 7 - Live like no-one else :D
  • #46 - updated March O/P

    Cant beat you R/T, thats a great O/P!


    Total O/P for March is now £527.26, making a total for the year of £795.81.


    Almost 23% of my target for the year, so 'kind of' on track :)


    Hoping to eek out a bit form the food budget next week.....but not sure if thats possible yet.


    Thanks Locevak.


    MM
    Mortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
    Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
    MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000

    01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41

    Debt at highest point in 24 -£21,344
    Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!
  • #80
    £871
    for march please
    Thanks
  • dark^knight
    dark^knight Posts: 526 Forumite
    Part of the Furniture 500 Posts Photogenic
    2016 mfw #36: O/P for March: £1620

    Thanks
  • 2016 mfw no. 39 reporting a total OP for March of £224.00.

    Thank you!
    MFW Challenge 2019 - £2,420 / £2,420 - 100% :T
  • skye_blue
    skye_blue Posts: 304 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi one and all

    No 73 reporting an overpayment of £500 for March, it feels good

    Happy easter
  • freshcotton
    freshcotton Posts: 223 Forumite
    Number 30
    March overpayment.

    £1960

    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!
  • clarew
    clarew Posts: 505 Forumite
    Part of the Furniture 100 Posts Mortgage-free Glee!
    Whoops-number 5 reporting in, usual op of £256 made for Feb and £256 March. Sorry for delay in reporting in! And thanks
    Mortgage free 04/03/2025. Thanks to this site and lots of overpayments bit by bit.
    Next stop: house repairs, holiday fund, replace our very old cars, more financial security/early retirement savings.🤞
  • Durban
    Durban Posts: 485 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    #97 here with £250 overpayment for March.
    Thanks Lomcevak
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 March 2016 at 6:53PM
    Spreadsheet updated -hopefully we're all having a relaxing long weekend :) :easter::icotbaske

    edit: hopefully i've got everybody's updates, MSE is behaving strangely for me. When I first logged in I could only see a couple of updates on the thread, then as I hit post I could see a couple more. I refreshed and saw more again... :huh::huh:

    As always, if I've missed anybody or got it wrong then let me know and i'll fix it :D
    I'm new here and am not sure what to do - am I telling you my total overpayments expected for the year?

    If so that is 12,389.37.

    And have so far overpaid £2,679.25 versus my plan of £2,285.45! £1,031.09 in Jan and £1,607.16 in Feb

    Welcome aboard! You're #74, I've added your target and overpayments to date - good luck!
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