📨 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!

My big financial challenge to mortgage freedom

1151618202130

Comments

  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    I’m so tired tonight. Even when I get the opportunity to sleep in, my body says wake up! Right, off for an early night. Hoping my body doesn’t wake me any earlier than it usually does-apart from the habitual pee in the middle of the night :rotfl:
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    Another no spend day today . :j
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Congrats on the NSDs :T
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    Can someone help please? Is it possible to work out how much each individual £ (of mortgage borrowings) is costing me please? If so, please can someone help me to work it out please?
    TIA
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • A_Frayed_Knot
    A_Frayed_Knot Posts: 3,308 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    edited 13 November 2019 at 1:35AM
    Well - Hello, Mrs, Great to see your back :j How has things been with you ?I did wonder where you had got to . . . thinking you are a very busy person but
    keeping up the o/p's.

    Things here are great - I see you have caught up with all my news :D

    Now your back, will follow and encourage you along the way :money:

    Here's to o/p and getting your mortgage balance to 00.00 at the end :beer:
    ps;- not sure about how you work out your £ mortgage costs, sorry.
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    Well - Hello, Mrs, Great to see your back :j How has things been with you ?I did wonder where you had got to . . . thinking you are a very busy person but
    keeping up the o/p's.

    Things here are great - I see you have caught up with all my news :D

    Now your back, will follow and encourage you along the way :money:

    Here's to o/p and getting your mortgage balance to 00.00 at the end :beer:
    ps;- not sure about how you work out your £ mortgage costs, sorry.

    Hey lovely. Indeed! I’ve been awol for too long. Great to hear from you! :j :j :j
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • jwil
    jwil Posts: 21,992 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I think there was something on my mortgage paperwork that said 'for every £1 you borrow you will repay £1.81' or something like that. Would you have the same? Is that what you are looking for?
    "Good financial planning is about not spending money on things that add no value to your life in order to have more money for the things that do". Eoin McGee
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    jwil wrote: »
    I think there was something on my mortgage paperwork that said 'for every £1 you borrow you will repay £1.81' or something like that. Would you have the same? Is that what you are looking for?

    Hi jwil. Yes that’s what I’m looking for please. So that I know how much impact it makes for every £ I overpay :)
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • tattycath
    tattycath Posts: 7,175 Forumite
    Part of the Furniture 1,000 Posts
    So I worked all weekend and today I’m on day off. So I set my alarm for half 7.
    So far I’ve:
    Washed up,
    Put bottles in to soak
    Now I’m having a cuppa.

    Lots to do today.
    I need to:
    Print orders and pack them and get them in the post
    Sort lounge out
    Put a load of washing on
    Start sorting loft so I can create some much needed space in spare room-and my room.
    My room is not a calm soothing environment at the moment, it looks like a tip/dumping ground. :(
    So I need to sort that ASAP!
    GE 36 *MFD may 2043
    MFIT-T5 #60 £136,850.30
    Mortgage overpayments 2019 - £285.96
    2020 Jan-£40-feb-£18.28.march-£25
    Christmas savings card 2020 £20/£100
    Emergency savings £100/£500
    12/3/17 175lb - 06/11/2019 152lb
  • Morning TC,

    I can't believe just how similar our postings are !!! I am just about to post almost the very same :)

    Well nearly :o didn't set the alarm, washed up or bottles in to soak, but have had a cuppa :)

    Worked all weekend, going to post some items sold, sort some rooms out and put washing on, not venturing near the loft, it was -5 here last night, so up there will be freezing :snow_laug:snow_laug brrrr, not snow but everything outside is white with frost, and anyway don't have much space up there (quite a lot there, already):o

    I do have a tidy bedroom though, can't say the same for the spare, or tip rooms, so will be working on them today.

    Hope you have a great day and get things sorted, I find I put off jobs only to find once I start them they only take a couple of hours at most. :)
    Always have 00.00 at the end of your mortgage and one day it will all be 0's :dance:
    MF[STRIKE] March 2030[/STRIKE] Yes that does say 2030 :eek: Mortgage Free 21.12.18 _party_
    Now a Part Timer from 27.10.19
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.3K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K 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.