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
-
How do you all manage such huge amounts of overpayments?
I think everyone is different. For us? I have a second job, we rented out our spare rooms for a year, and as of next year we will have standard mortgage/bill payments that one of our two salaries should be able to cover. So the second salary is free for savings/repairs/OP and a bit of fun.0 -
#84 with £100 OP for September. Only £300 from my target now, hopefully will hit it in October.0
-
#91 Another expensive month so just 325 for Sept
Re:" How do you all manage such huge amounts of overpayments?"
Started off with just £50 but as paid off more and moved onto better deals have kept with original payment so Op more. If interest rates rise at least I know I can cover it.MFW 91 op 2014 £410/1000
MFW 91 op 2015 £4051/4000
MFW 91 op 2016 £4040/4000
MFW 91 op 2017 £812/45000 -
Hi number 88 reporting a £1,700 over payment for september.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 £13,6000 -
HI,
#46 reporting for September. Still only paying the interest from my savings accounts whilst we save up for the extension....
So total for this month is £58..66, total for year £5146.52.
Thanks!
MM xMortgage 1 - 01/2/2015 - £243,750 ; Mortgage 01/11/2024 - £132,576.55
Mortgage 2 - 2019 - £76,600 ; Mortgage 01/10/2024 - £47,763.29
MFit-T5 - reduce to £140,000 MFiT-T6 - reduce to £110,000
01/10/2024 Daily Interest - M1 = £18.27 (!!); M2 = £7.41
Debt at highest point in 24 -£21,344
Debt 1st November 24 - £16,192.18 24% paid. Focusing on this in earnest!!!0 -
#131 reporting OP £48.24 bringing September total to £509.66 so far :jStarting 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 -
#80
£200 payment
thanks0 -
Hello,
Number 10 with a quick update of £193 for September.
Thanks as always
MIB
xxMFW2020 #5 £2,000/2,000 MFW2021 #5 £1,850/3,500MFW2022 #5 £3.001/3,000Sep'12 £233,750 Jan'15 £222,329 Dec’21 £139,584 MFiT T4 #24 £48k/£34k MFiT T5 #24 £22,186/£41k MFiT T6 #24 £4,700/£29k0 -
No 72 reporting to say made another overpayment for September of £80 today. I think I've reached my goal and will continue as I put in a easy target due to building works which started today.0
-
Number 129 owing to a windfall reporting £4K overpayment. Could I please increase my target to £6K.
Thank you.Take care of the here and now and the future will be taken care of.0
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
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards