We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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
Options
Comments
-
-
debtfreeforlife wrote: »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...
Welcome! You're #1300 -
Makethedayscount wrote: »HI Hiddenshadow! Just checked spreadsheet and I must have said £250 for August, when I meant July. This means:
£250 for July and £750 for August
Thanks and sorry for the inconvenience (#117)
No worries, it was probably me fat-fingering it in the wrong field.0 -
#122 reporting in with an August total of £899.49.MFW: Was: £136,000.......Now: £47,736.58......0
-
If it's not too late in the year can I please join in?
Partner and I are aiming to over pay £4,000 by June 2018, so I guess £1,600 by the end of the year.
- Cheeky OP of £40 for August (was supposed to wait until September but couldn't resist the urge to OP) :rotfl:
- 1st OP for September made today for £331.92
Thank you
Welcome! You're #131.0 -
No #112 reporting in with another OP for September of £650 taking me to £950 for the month.
Could I increase my target to £5,800 for the year please? Have looked at our finances and can manage extra monthly OP's now. Thanks!New House... New Mortgage! February 2017: £144,000 :eek:
Current Mortgage Balance: £96,440.99
2017 OP's:£5,935 2018 OP's: £11,956.00 2019 OP's: £11,988 2020 OP's: £1,998
Total Debt[STRIKE] £29,209[/STRIKE] £0 :j:j:j Debt free 6/8/160 -
no 102 with an extra £112 for Aug and £1266 for Sept please.
Thanks as always0 -
hiddenshadow wrote: »Welcome! You're #131.
Thank you very much :beer:Starting Balance August 2016: £170,199.00 | Remortgaged August 2018: £212,000.00
Current Balance (15th February 2019): £209,278.85 :eek:
Target: Balance below £170,000.00 by August 20230 -
Post first OP of £201 please for August. Number #129
Thank you xTake care of the here and now and the future will be taken care of.0 -
#24 and August OP was £1037.23MFW 2019#24 £9474.89/£11000 MFW 2018#24 £23025.41/£15000
MFi3 v5 #53 £12531/
MFi3 v4 #53 £59442/£393870
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards