2017 mfw

[Deleted User]

No 81 reporting in with an August payment of £500 which takes my total YTD to £6500. I would have liked to have made a bigger payment but it's been an expensive last few months in the build up to my DS1's wedding last week. Worth it tho to see them so happy :j

MoneyMission

No 39 reporting in with an August OP of £490. A couple of lean months have finally finished and I'm able to ramp up the OP's again.

new_mortgageeee

Hi HS,

#31 reporting £868 OP for August. Should now be £5,818/£10,000

Thank you!

NMx

Needhelpsaving

Hi,

Number 54 checking in with a Sept OP of £382.80.

This brings my YTD total to £2882.80/£4000.

Thanks!

hiddenshadow

Marie27lol wrote: »

Hi all No. 127 checking in.

May, June, July - £100
Aug - £175 - our fixed rate has finished, time to increase the SOP!

Making 2017's OP to £1,775.

Spreadsheet calculates the total as £1,675, would you mind checking that I've entered the months correctly?

cookie9

#91 here alas over spent on holiday so just 325 for August

Roxie

Hello All,

No: 78 with a further £300 OP for August thanks to a car boot sale yesterday and some eBay sales this month. Total for year is now £2550.

Hope everyone has a great bank holiday Monday

Roxie

Hello and welcome

Doesn't matter how small the OP, it's still chip, chip, chipping away at the total and means you pay a bit less interest/reduce your mortgage term

I read through some of the OPs being made by others and they are more than my whole monthly salary :eek: so my OPs can feel small fry in comparison. I pay a regular £100 OP from my salary but also feed any extra small amounts during the month into a savings account (supermarket savings, eBay sales, petrol/car park money saved if I have a day off etc) and then make OPs when it gets to £100, it may not be the best way of doing it but I personally get more satisfaction seeing this larger amount being overpaid

Good luck with your OPing.

mypegasus wrote: »

#126


I've made another £15 overpayment today after getting some cashback from Quidco to spend. Seems very small fry against the mortgage balance, but I guess that every little bit helps in the long run.

maia_evo

Hello, may I please join in. My target to year end is £1000.

Thank you.

debtfreeforlife

I am biting the bullet and adding myself as a mortgage free wannabe - first time I have visited this part of the forum but feel that now I need to start looking at paying down my mortgage. I am 31, single and childfree, and own a flat in a relatively expensive part of the country (Bristol, so not London prices thankfully but heading in that direction). I'm on a repayment mortgage and there isn't an issue with making the payments, but I'd like to start increasing the amount I pay towards them. This isn't my 'forever home', but the more I pay down on this mortgage the easier it will be to buy my forever home somewhere down the line.

Today/this week is about doing the research and figuring out what I can pay back on my mortgage and where I can make cuts in my budget - am sure that there is a lot to learn in this part of the forum! I'll add a conservative target of £250 extra this year, hope that that small amount is OK! It's possible that I'll receive some family money this year, part of which will go towards the mortgage, but I won't count that in my target as that feels like cheating...