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2016 mfw

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15758606263105

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  • Hi


    #85 with total for May standing at £111.73


    Thanks
    Mortgage £126746 DEC14 £122423.53 DEC15 £115041.70 DEC16 Remortgaged Sep17 to pay off HtB loan £150000 - £140500 JUL19 Moved house Oct19 £230000 £230400 DEC20
  • Kerfuffle
    Kerfuffle Posts: 1,384 Forumite
    Part of the Furniture 1,000 Posts Debt-free and Proud!
    Hi everyone,

    Hi Lomcevak,

    # 137 May overpayment of GBP 1006.08

    Total for May so far GBP 1006.08

    Total for year so far GBP 5026.87

    Thank you
  • skye_blue
    skye_blue Posts: 304 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Hi

    No73 reporting May's payment of £300

    A bit short of what I would like but getting there slowly

    Enjoy the bank holiday everyone and thanks Lomcevak for the good work keeping us all in check
  • becky170
    becky170 Posts: 879 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    No. 7 declaring £116 for May (£100 normal overpayment and £16 from raiding the change jar!)
    Mortgage-free wannabe 2025 £571/3000
  • User1489
    User1489 Posts: 400 Forumite
    Fourth Anniversary 100 Posts
    Number 74 checking in with my end of month payday overpayment!

    480.81 - Previous May total
    382.56 - Raiding leftovers in my monthly fun-spend allowance (all work no play this month)
    1259.29 - Regular payday overpayment
    2122.86 - New May Total

    Reached a new milestone, mortgage now starts with a £16X instead of a £17X! :D

    Thanks Lomcevak, this is really motivating for me - would love it if people posted how they got their overpayments to help me with ideas.

    Keep going everyone :)

    Man v Mortgage
    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
  • Lomcevak wrote: »

    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

    Well! Exactly the sort of thing I fancy doing! Very helpful! :D:D

    Before I succumb to the lure of holiday browsing and the subsequent gnashing of teeth, please add my second May payment of £7105 to the spreadsheet against #28.

    Thank you - and well done to everyone on their 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
  • lazer-zxr
    lazer-zxr Posts: 453 Forumite
    Tenth Anniversary 100 Posts Combo Breaker Debt-free and Proud!
    Hello, I'm a bit apprehensive stepping onto this board. MFWB target for 2016 ..... £10,000 ........ here we go!
  • anna42hmr
    anna42hmr Posts: 2,887 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 27 May 2016 at 8:49AM
    lazer-zxr wrote: »
    Hello, I'm a bit apprehensive stepping onto this board. MFWB target for 2016 ..... £10,000 ........ here we go!

    welcome, good luck :beer:


    Number 105 here, reporting my usual monthly OP of £116.52, so added to the earlier May payment that takes me to £416.52 for the month of may and year to date £5432.60

    Sorry to be a pain, Lomcevak but I have decided to stretch myself a bit further target wise this year, can i change it again, to £6000 this time! need the extra motivation to see if i can get below 60% LTV when the current mortgage fix ends in November.

    Have a feeling June may be a bit of a squeeze though so probably will only make my usual one then as the oven decided to pack up last night (just as started cooking my tea). I suppose at least it has gone over bank holiday when half the retailers have offers on this weekend!!!


    Thanks again Lomcevak for your hard work and well done everyone one on their OPs have a great bank holiday.
    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..
  • #46 - May update

    Small additional May payment of £19.18. This takes the May o/p to £354.19 and O/P for the year to £1,600. Nice round number! 45.71% of my target for the year!

    Projected O/P to year end - £3608.37

    Total mortgage payments for the year to date £7465.45 :eek:

    Good luck everyone, so impressed with the O/Ps so far this year!


    MM
    x
    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!!!
  • MoneyMission
    MoneyMission Posts: 652 Forumite
    Part of the Furniture Name Dropper Combo Breaker
    Number 39 here. May OP of £381 to report :T

    Mortgage Minimiser and I have the same initials but I'm sure we can share....

    MM :D
    MFW Challenge 2019 - £2,420 / £2,420 - 100% :T
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