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2016 mfw

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16465676970105

Comments

  • Lomcevak wrote: »
    Hi lincoln-potter - it's up to you really!

    Usually the target is there as group motivation to reach a goal over the rest of the year rather than to track what you've already done, but there aren't really any hard and fast rules. If you are limited by your mortgage OP cap then we have a fair other people who also have various constraints on what or how they can overpay, and so count things like savings to offset or OP later, so if you'd like to join in you could always track those - doesn't have to just be actual overpayments.

    I would ordinarily but most of the savings currently are being ploughed into other things like the garage build or the upcoming wedding. I'll stick my name down for next year once I have fewer "large ticket items" to pay for.

    Mortgage free - 01/05/2019, mortgage high £200k 2011
  • anna42hmr
    anna42hmr Posts: 2,887 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    hi, number 105 here, with my usual monthly op of £116.52 so that is a year to date of £5549.12
    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..
  • MoneyMission
    MoneyMission Posts: 652 Forumite
    Part of the Furniture Name Dropper Combo Breaker
    Hello,

    No 39 here reporting for June at £313.00.

    Thank you,

    MM
    MFW Challenge 2019 - £2,420 / £2,420 - 100% :T
  • Durban
    Durban Posts: 485 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    #97 here with an overpayment of £215 making a total overpayment for June of £315.
    Thanks again Lomcevak
  • becky170
    becky170 Posts: 879 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Hi, number 7 reporting £105 for June. Total for the year is £960 so almost halfway to my target! Thanks Lomcevak.
    Mortgage-free wannabe 2025 £571/3000
  • Catslovelycats
    Catslovelycats Posts: 1,749 Forumite
    1,000 Posts Third Anniversary Combo Breaker
    #81
    Payment of 704.82 here for June please
    THanks
  • Lexi-lu
    Lexi-lu Posts: 173 Forumite
    Fourth Anniversary 100 Posts Photogenic Combo Breaker
    Hello Lomcevak,

    Number 58 overpayment of £690 for June.

    Thank you

    LL
    Mortgage Balance £0
  • Lomcevak
    Lomcevak Posts: 1,026 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Spreadsheet updated - less than £1500 to go to the £300k mark now :beer:
    skye_blue wrote: »
    There have been rumours flying around about cash flow problems at work and one or two things make me think there might be some truth in it so im going to use any spare funds to up my emergency fund for a while as there's not nearly enough in it to make me feel comfortable

    Best of luck, always horrible to be in that situation - here's hoping that is just a rumour, but fingers crossed and you're doing just the right thing. The challenge is here for you whenever you feel like it :)
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    [FONT=&quot][FONT=&quot]#27 Another o/p of £14.47 for June (making June's total £486.62)[/FONT][/FONT]
    Still on target + :)

    Don't think I'll be o/p much next month :(
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Lost track of this thread as my subscription went *!!!!!!* somehow.

    To catch up...

    #56

    March: £3,084.41
    April: £2,565.83
    May: £1,048.10
    June: £2,913.99

    Total £18,741.39 for 2016 thus far.
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