📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

2017 mfw

19798100102103115

Comments

  • Well done Kerfuffle - fabulous news
    LBM- June 2009 - 15 year plan started, Dec 2018 - time to review & refocus
    SPC12 #33 £210. Xmas 2019 - #15 £365 / £365 ... PAYDBX 2019 #23: £0 / £3,400
    MFW2019 #2: £6,999.67 / £8,000 MFiT-T5 start £95,352.52 - target £40k

    No matter how far you go, you always take yourself with you
  • #87 really late update

    £200 overpaid in July
    £330 overpaid in August
    £2235 overpaid in September

    Thanks Ben
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Congrats kerfuffle! :)

    Spreadsheet updated - I think I got everyone. Currently suffering from lurgy so I may have misread/mistyped, so if there are errors please shout.
  • Hi number 88 - another £1700 paid but bit behind for year. Need to update my signature to see how much I have paid.

    The idea was to split the amount into 100 smaller pieces hence the £1700 payment each time. 100 payments equals no mortgage
    Year 2019 (1,700/£17000mortgage repayment)Overall mortgage (71,400/165568) (44
    .1%) (42/100) payments made. Total paid 2019 year £1,700

    Total paid 2017 year £15,300Total paid 2018 year £13,600
  • Miss Pinky # 15 checking in!

    Overpayment for October is £500 so this brings me well over my target for the year. My letter came through from this over payment and it shows that I have 12 yrs and 8 months left to pay. Cant believe it! So delighted and hopefully this will continue to reduce.

    I am hoping to make another £1500 by March as this is when my official year with the mortgage company ends. I spoke to them about what my overpayment allowance for next year would be as I thought it would reduce every year but not so due to me having a fix! So for the next 5 years I can pay the same overpayment per year which may be a bit of a stretch but it will give me something to aim for. Delighted at that news!

    Miss Pinky xxx
    MFW #15
  • Hi there, is it still possible to join this? We are a bit late in the year but our remortgage is due in 2 weeks and this is when we are starting.

    Hopefully my signature should have the goal into needed? Thanks, Merch
    Mortgage When Started Over Pay 01/11/2017- £146,500
    Current Total - 10/02/2022 - £6,500 (With Offset
    £10k Savings)
    5 year fix
    MFW hopefully by March 2022
    01/11/17 - £10k / £10k Emergency Savings :beer:
  • Jessy103
    Jessy103 Posts: 2,260 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    Hiya!

    No.12 reporting an overpayment of £381.61 for October. Year-to-date balance £4,060.70.

    Thanks!
    Mortgage Balance as of July 2025 £14,900.
    Starting Mortgage Balance (June 2019) £72,000.
    Aiming to be mortgage free by my 40th birthday, June 2026!
  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Kerfuffle wrote: »
    Hello hiddenshadow,

    Hi everybody.

    #137 Reporting in with my figures for this year.

    February 50.00
    March 50.00
    June 9300.00
    July 34.50
    August 3865.50
    October 3367.58

    Total 16667.58

    Very happy to announce that that's me done and dusted. Mortgage balance is currently showing zeros and we just need to sort out the paperwork, and probably a few pennies.

    We've finally got there, and have shaved 6 years 8 months off the original term.

    Thank you to everybody that has joined me on this journey during the 5 years that I've been a member of the 'mfw team' and thanks to all the people who have run the threads, VoucherMan, JCL, Lomcevak and hiddenshadow.

    That's fantastic news Kerfuffle :j :j :j

    I have a long way to go but I get more determined when I read how many years people manage to shave off their term. I can only imagine how good it feels to be free of a monthly mortgage payment.
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • Roxie
    Roxie Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Morning everyone

    No: 78 with £450 OP for October (YTD £3100)

    Hiddenshadow........ Can I increase my target to £3500 please as I have reached the old one.
    MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳
  • hiddenshadow
    hiddenshadow Posts: 2,525 Forumite
    Hi there, is it still possible to join this? We are a bit late in the year but our remortgage is due in 2 weeks and this is when we are starting.

    Hopefully my signature should have the goal into needed? Thanks, Merch

    Welcome! You're #132. :)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.