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Little big milestones
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Hi all,
January update...
The January OP was less than the budgeted amount, as I had to pay upfront for an annual bus pass, rather than being able to pay monthly
The January OP was £1400, and balance outstanding is £55,700.
11 months to go...0 -
Hi all,
Update for February...
So we managed £1400 again this month, which was less than budgeted due to some unforeseen costs this month.
Going forward, I need to save up for a car, as the current one has a few problems which would be too costly to fix, therefore will only be able to pay about £1k each month.
The February OP was £1400, and balance outstanding is £54,300.
10 months to go...0 -
This is fantastic! Supporting you as you smash that mortgage.
TxStill striving to be mortgage free before I get to a point I can't enjoy it.
Owed at the end of -
02/19 - £78,400. 04/19 - £85,000. 05/19 - £83,300. 06/19 - £78,900.
07/19 - £77,500. 08/19 - £76,000.0 -
Your doing fantastically!
Sorry to hear about the car, sounds like the Mortgage will be gone before you know it!First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!0 -
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Kittenkirst wrote: »Your doing fantastically!
Sorry to hear about the car, sounds like the Mortgage will be gone before you know it!
Thanks for your support kittenkirst...much appreciated
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Hi all,
So worked out some figures and have decided to save £600 (per month) towards a new car until the end of this year.
This means sacrificing about £400 from the mortgage overpayments every month. However, the sacrifice is justified, as the car is a necessity for us and we have been driving the current car for 5 years, and it was 5 years old when we bought it, so is starting to creak.
So, this month, have OP'd £1400 altogether, which means the balance stands at around £52,905.
So, here is something I saw this week which made me smile...its the mortgage balance over the last 6 years...and the regular OPs have meant we have managed to OP £100k in 6 years!!!
I hope this motivates others.
9 months to go...0 -
Hi all,
The update for April...
As we are saving up for a car, only managed OP £1K this month...the balance is around £52K.
8 months to go...0 -
£100k in six years is amazing!!! Really well done!First home- Oct’16 until June’21: £170.995- Overpayments made £13,784 (25% extra!).
New forever home- Sep’21 £309,449 @ 2.05%. Plan to clear it before 30 years!!!!!!0 -
Love your table format, and the figures are really motivating. Its a great way of tabling the balances over time. Quick query though, how do you post the table in here?MFW: Was: £136,000.......Now: £47,736.58......0
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