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2016 mfw

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Comments

  • MortgageFreeMimi
    MortgageFreeMimi Posts: 50 Forumite
    Tenth Anniversary Combo Breaker Mortgage-free Glee!
    Hi Lomcevak,

    #28 here - a halfway-through-the-month payment of £500 for May - a second larger payment to come at the end of the month.

    My motivation had started to wane a bit - which is why I'm trying to do 2 a month - otherwise it's a long slog between overpayments and The inner spendthrift in me would really really love to spend this money on a holiday!

    Well done everyone on all the OPs!
    Mortgage £225k May 2017 - aim to pay off by Jan 2030 - MFW 2017 #118
    Outstanding mortgage: £81,987
    Cash reserve target £40 / £10k
    S&S ISA £1000/ £20k
    MF1 August 2016. approx (£152k start Jan 2009)
    MFW 2 TBD
  • turtlemoose
    turtlemoose Posts: 1,680 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    No 92 with an unexpected car insurance refund of £27.48, making that a running total of £299.74! Exciting as this is a very high month for me, may have to find some money for a bit extra to tip it over the £300 barrier!!
  • Lexi-lu
    Lexi-lu Posts: 173 Forumite
    Fourth Anniversary 100 Posts Photogenic Combo Breaker
    No. 58 £690 overpayment for May.

    Thank you Lomcevak

    LL
    Mortgage Balance £0
  • Maybe_its_because
    Maybe_its_because Posts: 440 Forumite
    Tenth Anniversary 100 Posts Combo Breaker
    Hi,

    May payment for #10 so far is £130.
    however there will be more. Need to calculate the balance of my redundancy payoff after paying for some much needed home improvements. Then fling that at the mortgage.

    Will be back soon.
    Thanks Lomcevak, as always.

    MIB x
    MFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k
  • ang4k
    ang4k Posts: 61 Forumite
    Hi
    No 17 here with an overpayment of 300 pound for May. Hope to be a bit more next week but we will see. Thanks lomcevak
    MFiT-T4- reduce mortgage from 61000 to 40000
    2018 MFW no 17 : 8000/10100.00. 2019 MFW no 17: 2150/8000
    MFIT-T5-completely clear my £35000.00 mortgage
  • Durban
    Durban Posts: 485 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    #97 here with £360 overpayment for May.
    Thanks again Lomcevak
  • My_Lovely_Carrot
    My_Lovely_Carrot Posts: 26 Forumite
    Hi, Nr: 65 signing in, with an OP of £1568.70. So new balance as at 13 May 16 is £143827.51.


    Thank you, have a nice day all.:)
    "We have our own dream and our own task. We are with Europe, but not of it.
    We are linked but not combined. We are interested and associated but not absorbed." Sir Winston Churchill
  • anna42hmr
    anna42hmr Posts: 2,887 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi, number 105 here, managed to overpay £300 today for May to the mortgage, taking me to a year to date of £5316.08
    MFW#105 - 2015 Overpaid £8095 / 2016 Overpaid £6983.24 / 2017 Overpaid £3583.12 / 2018 Overpaid £2583.12 / 2019 Overpaid £2583.12 / 2020 Overpaid £2583.12/ 2021 overpaid £1506.82 /2022 Overpaid £2975.28 / 2023 Overpaid £2677.30 / 2024 Overpaid £2173.61 Total OP since mortgage started in 2015 = £37,286.86 2025 MFW target £1700, payments to date at April 2025 - £1712.07..
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Spreadsheet updated :D
    MortgageFreeMimi wrote: »
    Hi Lomcevak,
    My motivation had started to wane a bit - which is why I'm trying to do 2 a month - otherwise it's a long slog between overpayments and The inner spendthrift in me would really really love to spend this money on a holiday!

    I know the challenges of motivation :) my mortgage is coming down at a good rate, but it still feels like a very long way to go at times so I have some ups and downs along the way. This thread gets me back on track, but I must admit that we've just 'deferred' a couple of extra OPs and splashed out on the holiday too - Christmas this year will be on a sandy, sunny beach on the Pacific rather than in cold and wet Sussex. Can't wait :D

    Not sure i'm helping :A
  • Southernman
    Southernman Posts: 605 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    I have seriously been slacking with the updates eek! I'm #16

    Feb - £156
    March - £156
    April - £156
    May - £220

    Thank you
    Mortgage 1: May 2012 £90,000 April 2020: £47,000
    Mortgage 2: £270,000😱 Jan 2019 £253,000 April 2020
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