A Year in the Life of...

astrocytic_kitten

Please keep posting about your mortgage GAP, and maybe some of that enthusiasm will rub off on me 😂 it just seems like such a huge mountain to climb.

girlatplay

joedenise said:

If you're on an interest only mortgage anything you overpay should be coming off the capital.  It certainly did on our mortgage.  We didn't manage to pay off all the mortgage with our overpayments but certainly enough that we had some of the endowment left over at the end of it.

Yes, it does.  My monthly dd is just the interest.  I pay a little extra each month at the moment (£10-£20) and that comes off the capital.  My plan is to get it down as much as I can with the hope that there is at least some of my repayment vehicle left at the end of the term that I can do what I like with.

girlatplay

astrocytic_kitten said:

Please keep posting about your mortgage GAP, and maybe some of that enthusiasm will rub off on me 😂 it just seems like such a huge mountain to climb.

I will.  I'm thinking about starting a diary on MFW.  If I do I'll post the link on this one.  It's not really a year in the life of... anymore.  In fact, I think it was about 18 months anyway 😆  I just want to get the EF filled to the end of September before going for it and I think that is better posted here.

[Deleted User]

I always think of the MF diary board as being "the grown-ups" I'll still come visit though - even if I'm a MFW-wannabe! I need to get to the position to have a mortgage in the first place   You've shown all of us you can smash your targets with bags to spare, so no doubt you'll have the mortgage booted in true GAP fashion very soon  

girlatplay

[Deleted User] said:

I always think of the MF diary board as being "the grown-ups" I'll still come visit though - even if I'm a MFW-wannabe! I need to get to the position to have a mortgage in the first place   You've shown all of us you can smash your targets with bags to spare, so no doubt you'll have the mortgage booted in true GAP fashion very soon  

I know what you mean.  I heard a rumour that they can be quite harsh at times but I've been looking at diaries over there for a couple of weeks and they don't seem too bad.  Our lovely @beanielou's diary is on MFW.

A MFWW. Just keep fighting for what you want.  Works for me (although it is exhausting 🥱😴).

beanielou

[Deleted User] said:

I always think of the MF diary board as being "the grown-ups" I'll still come visit though - even if I'm a MFW-wannabe! I need to get to the position to have a mortgage in the first place   You've shown all of us you can smash your targets with bags to spare, so no doubt you'll have the mortgage booted in true GAP fashion very soon  

Mine is certainly not grown up.  At all.

beanielou

You are amazing.
Just for the record your EF is way way ahead of mine     xx

astrocytic_kitten

I lurk on a few MFW diaries but also feel like it’s the grown ups board and I don’t belong there 😂 My excuse for staying on DFW is I’m still trying to get to my emergency fund target, but I feel like a fraud here too as I already have the 6 month emergency fund and I’m aiming for 12 which is a very lucky position. With my health and future ability to work being so uncertain it feels needed though. 

GAP I’m definitely going to let you be the explorer on this then maybe follow along in your slipstream 😂 And as BCNS says, you’ll be mortgage free in no time at all based on past behaviour!

girlatplay

beanielou said:

[Deleted User] said:

I always think of the MF diary board as being "the grown-ups" I'll still come visit though - even if I'm a MFW-wannabe! I need to get to the position to have a mortgage in the first place   You've shown all of us you can smash your targets with bags to spare, so no doubt you'll have the mortgage booted in true GAP fashion very soon  

Mine is certainly not grown up.  At all.

🤣🤣

beanielou said:

You are amazing.
Just for the record your EF is way way ahead of mine     xx

Thank you.
You're mortgage free though 😉 x

astrocytic_kitten said:

I lurk on a few MFW diaries but also feel like it’s the grown ups board and I don’t belong there 😂 My excuse for staying on DFW is I’m still trying to get to my emergency fund target, but I feel like a fraud here too as I already have the 6 month emergency fund and I’m aiming for 12 which is a very lucky position. With my health and future ability to work being so uncertain it feels needed though. 

GAP I’m definitely going to let you be the explorer on this then maybe follow along in your slipstream 😂 And as BCNS says, you’ll be mortgage free in no time at all based on past behaviour!

DFW diaries just feels like such a safe place.  I can spill all my thoughts without having to worry.  I do feel a bit fraudulent now too with it being the EF I am filling but I suppose if I hadn't used it for the debt I would still be paying that, plus it's a debt to myself.  Trying to justify it.

As of October I will be properly dealing with the mortgage.  Anything before that (the overpayments due to the interest rate lowering) I will definitely post here anyway.

savingholmes

The MFW board is fine - but I agree it has some more serious diarists on it... who are focused solely on mortgage and little else where DFW board seems to have more of general life on it. Every diary is different though. Well done on your EF.