2017 mfw
Options
Comments
-
No: 78 with May OP of £100 (total for year £1380)
Massive congrats to bournefree who is now mortgage free :T
Hope everyone who becomes mortgage free will let us know to inspire the rest of us mortgage slaves.MFW 2021 No: 33 £45000/£45000 Mortgage free @ 11/6/21 🥳0 -
Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.0
-
Well done bournefreebournefree wrote: »Thanks Roxie, in my case, my excel spreadsheet gave me massive encouragement - just chipping away seems like hard work month after month, but then you look back over a few years and see the immense difference.
I totally agree with this - I'm mid-slog with the mortgage (five years of making OPs with four years to go), and my spreadsheet keeps me going each time I start to feel like the monthly OP is getting me nowhere. Right now it shows me as £43,561 ahead of where I would have been if I hadn't started making OPs five years ago, so they all build up to make a serious difference, and i'm on track to pay it off nine years early. Might make ten years early if I give it a push£40k-in-’23#18 £78,628.29/40,000 (196.57%)0 -
Hi Hiddenshadow,
Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.
£11k for the rest of the year is the target. It feels good to be back on this
board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.
Thanks in advance!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 TBD0 -
Hi HiddenShadow,
My figures should be as follows:
Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08
£986.97 it should total
Thank you
Edited to add- well done Bourne Free! :T :TFirst 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 -
Hi everyone!
No.12 reporting an overpayment of £267.64 for May.
Thanks!Mortgage Balance as of Jan 24 £36,500 Starting Mortgage Balance (June 2019) £72,000. 2024 Overpayment Challenge: Jan £558.40, Feb £588.11, Mar £497.320 -
It's not too late to join is it? I haven't done this for several years (I helped run the 2011-2013 (?)) MFW spreadsheets and it really helped me stay focused. Therefore could I have a number allocated please?Feb 2012 - onwards MF achieved
September 2016 - Back into clearing a mortgage - Was due to be paid off in 32 years in March 2047 -
April 2018 down to 28.00 months vs 30.04 months at normal payment.
Predicted mortgage clearing 03/2047 - now looking at 02/2045
Aims: 1) To pay off mortgage within 20 years - 20370 -
Number 36 with first payment in May of £28.90.Thank you.0
-
MortgageFreeMimi wrote: »Hi Hiddenshadow,
Please may I a) join in for the rest of the year and b) could you allocate a number for me. I'm back for round 2! Though with a slightly gentler approach and target than last time.
£11k for the rest of the year is the target. It feels good to be back on this
board. Turns out I'm terrible at saving and much better at paying down debt but I did have a lovely few months mortgage free.
Thanks in advance!
Welcome back! You're #118.0 -
Kittenkirst wrote: »Hi HiddenShadow,
My figures should be as follows:
Jan- £68.21, Feb- £306.67, March- £272.01 April-£324.05 May £16.08
£986.97 it should total
Thank you
Edited to add- well done Bourne Free! :T :T
Those numbers add up to £987.02. I've put them in the spreadsheet, so it should be up-to-date.0
This discussion has been closed.
Categories
- All Categories
- 343.4K Banking & Borrowing
- 250.1K Reduce Debt & Boost Income
- 449.8K Spending & Discounts
- 235.5K Work, Benefits & Business
- 608.3K Mortgages, Homes & Bills
- 173.2K Life & Family
- 248.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 15.9K Discuss & Feedback
- 15.1K Coronavirus Support Boards