2016 mfw

pavlovs_dog

Well done to all on your progress.

#22 here :wave:

Please can I amend June's final figure to £607.54

July thus far is £451.06

Cumulative total should be £4000.24, 66% of target.

our mortgage is out of the £100ks for he first time, it seems to be decreasing so much quicker since we've remortgaged :dance:

A_Frayed_Knot

[FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot][FONT=&quot]#27 . . . . o/p made of £300.00 for July, making total now £798.56 for July[/FONT][/FONT][/FONT][/FONT][/FONT][/FONT]
Still on target +

End date now March 2022

ajmoney

pavlovs_dog wrote: »

our mortgage is out of the £100ks for he first time, it seems to be decreasing so much quicker since we've remortgaged :dance:

Our remortgage takes effect next month and it looks like the same will be happening for us, August can't get here soon enough for my liking.

fluffysox

Lomcevak please can I join in for the rest of the year.
Would it be possible to have number 79? I notice it seems to be free and it is both the year of my birth and the number on my front door so easy to remember :rotfl:
My target is £2000 By the end of 2016 and I have just made a start with a £400 payment for July.

mortgage_destroyer

No 100 can you add a £480 overpayment for both June & July please, many thanks

mortgage_destroyer

Having been making overpayments under £500 for the last few months usually £480, is it better to pay £500 so they re calculate the monthly mortgage payment. My monthly mortgage payment would drop from just over £300 to £240 or is it better to pay under the £500 as an overpayment so the monthly mortgage payment is higher, hope this makes sense!

A_Frayed_Knot

mortgage_destroyer wrote: »

Having been making overpayments under £500 for the last few months usually £480, is it better to pay £500 so they re calculate the monthly mortgage payment. My monthly mortgage payment would drop from just over £300 to £240 or is it better to pay under the £500 as an overpayment so the monthly mortgage payment is higher, hope this makes sense!

Ooops you've posted in the wrong thread, however,

First find out if they would re-calculate your monthly payments, they might not.If you want to finish paying your mortgage early, then I would keep the monthly payment the same and o/p within the limits allowed.
If you would rather pay less monthly, then reduce your monthly payments, and keep the same term time.

jodles16

Usual OP of £343.56 sent on the 1st of July for #25!

Jodles

ang4k

Hi

Thanks AFK you are dong great. It is inspiring to read how you and everyone else is doing. I'm going to keep plugging away!

Thanks lomcevak a payment for me of 100 pound so far for July no 17

mortgage_destroyer

Thanks a frayed knot - oops didnt think before I posted that it should be somewhere else sorry. Great thanks for the reply the mortgage payment is re calculated at anything over £500 so will keep it under the £500 although changing the mortgage payment would make my overpayments seem larger!