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The 17 Year Goal ....
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Paying the deposit, stamp duty, and solicitor's fees tonight. Don't think I've ever made such a big bank transfer before!0
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When I paid my deposit over it was pretty shocking and I had to eat ice cream. You're so close now!
My mortgage also skipped the first month, so maybe yours will as well.0 -
Good luck with the completion/move! I’ll be following along on your journey to mortgage freedomMortgage balance as of end of Dec 19 - £120,675
MFW 2020 challenge #35 £94.62/£750; Jan running total - £94.62
Save 12k in 2020 challenge #34 £560.20/£6000; Jan running total - £560.200 -
The mortgage account has appeared in my online bank account.
It shows a current balance of £0!!
I hope it isn't too long until I see that again.0 -
Must be lovely seeing that £0, even if you knowits going to increase shortly. Great motivation for continuing overpayments though!Mortgage balance as of end of Dec 19 - £120,675
MFW 2020 challenge #35 £94.62/£750; Jan running total - £94.62
Save 12k in 2020 challenge #34 £560.20/£6000; Jan running total - £560.200 -
Oh god, as a ‘wife of’, I remember the magnolia paint of married quarters in Germany (Bunde & Detmold). We too banned it from our own house on exiting military life
Feb'15 £118411.00 Jan '16 £112665.10 Jan 17 £106790.00, Jan 18 £99268.10 April ‘19 £57052.26, Oct ‘20 £46015.42 £2.00 Savers Club, 🎖, 2015 £332, 2016 £356, 2017 £312, 2018 £254, 2019 £668, 2020 £880.00, 2021 £104, 2022 £158, 2023 £68, 2024 Emergency Fund £2500/£1000 :j0 -
Grumpyoldmoo - just bought a small tub of magnolia in order to patch up the few holes were we had pictures etc... last time I will ever touch the stuff! (unless I become a BTL landlord in the future, but that is a different discussion all together).
So my online bank account now shows the mortgage balance of £235000, and is growing by just over £13 per day to reflect the interest added. Dose anyone know if I just do an online transfer will it pay down the principal, or just the interest that has been charged? its with Nationwide if that makes any difference?0 -
Welcome to the club. We took out the exact same mortgage amount in Oct last year. We are in our forever home and absolutely love it. We aim to pay ours of in a maximum of 18 years. But I’m aiming for a bit faster tbh.Reduction in daily mortgage interest since October 23 (new mortgage) - £2.36 July 25
% of house owned/% of mortgage paid off. July 25 - 38.82%/31.66%
MFiT-T7 #21
MFW 2025 #2
MF Date: Oct 37 Feb 370 -
My mortgage is with Halifax and whenever I’ve overpaid the amount has come off the remaining balance and then interest has been charged as a separate amount - does that help? (I can’t work out if I’ve fully understood the question)Mortgage balance as of end of Dec 19 - £120,675
MFW 2020 challenge #35 £94.62/£750; Jan running total - £94.62
Save 12k in 2020 challenge #34 £560.20/£6000; Jan running total - £560.200 -
We got the keys on Monday! Whooh!!
Still in the process of moving - should be all done by the end of the weekend.
Bit the bullet and have made the first over payment. Transferred £300 online.0
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