1% challenge 2020

pavlovs_dog

paid today: £60 
paid (cumulative): £451/£642 (70%)

remaining: £191

Barny1979

Refund on hotel for foreign trip next month, £140.48 paid, total of £1754.07 paid.

JoseChungsDoomsday

As my interest has fallen I'll be able to pay a little more every month - £127 paid this month.
Updated total -
£327/£1200 now paid

pavlovs_dog

cashed out money for 2 surveys

paid today: £8
paid (cumulative): £459/£642 (71%)

remaining: £183

x_raphael_xx

Ooh interesting challenge!

I actually rang the mortgage peeps today to see if they had an online portal so I could see my balance (transfered in Sept, old account had an app). Sadly they don't have one and I'll need to wait for my yearly statement. She did give me my current balance however.

I then wondered how much 10% would be (as that's how much we can op without fees) it was a little unobtainable so I looked at 1%. Then I found this thread!

Bf isn't quite on board, he still has his credit card to pay off, and is now out of work for the forseeable due to the current situation. But I will do what I can in the background and keep working on him.

Mortgate was £121688 when we transfered, so 1% is £1216.88. We did have a credit of £443.05 after we transfered, so we paid that straight off. The remaining £773.83 will be harder!

£443.05 / £1216.88

DancingInTheRain

£33.34 paid today.
Total paid £130.26.
23.05% of target achieved.

5erge

Jan £32.65
Feb £30.53
Mar £50.00
April £50.00
Into 36k range by June with no limit on my over payments.

pavlovs_dog

hope everyone is keeping well.  

paid today: £100
paid (cumulative): £559/£642 (87%)

remaining: £83

nat21luv

Total debt: £14202
1% £142
Current debt: £2513

I’m currently on 83% of my total debt paid off but I’ve saved an extra £1000 as a secondary emergency fund. I plan to use this to pay off debt if I don’t need to use it. So I’m actually at 89%.

I set myself the goal to be debt free by July and I have hopes I may even be able to do it by end of May or early June. May’s monthly payment will see me at 91%. Fingers crossed!

savingholmes

Paid £530 off so far of the £1450 challenge = so 36.5% so slightly ahead of target. We should get better still as our contractual payment has dropped by £80 a month - so while that's the case can over-pay more at no extra cost.