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1% MF challenge

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  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £95.20 OP today, £95.20 for September  and £3246.83 for 2021
  • Hi, are there any other challenges on here for mortgages?

    I owe £33k, and the full term is another 8 years, but I am aggressively paying off, have been for 18 months now.

    On this challenge, I would exceed the 1% overpayment each month, the direct debit is over £400, I have been doing another £400+ a month.

    On a completely different note, this thread seems to have a technical fault. I can only see one post per page, instead of 20. All other threads on the forum are ok. Anyone else see this? Thanks 
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £15.31 OP today, £110.51 for September  and £3262.14 for 2021
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £12.00 OP today, £122.51 for September  and £3274.14 for 2021
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
     £1.53 OP today, £124.04 for September  and £3275.67 for 2021
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £32.63 OP today, £156.67 for September  and £3308.30 for 2021
  • rara32
    rara32 Posts: 101 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Made an op this morning of 89.22. Now total is at 1747.70 out of 2033 with 285.30 to find by end of Dec. 
    Mortgage @ 2018 £225000
    Mortgage @ 1 Jan 24 £142600
    Current Mortgage £114520
    1% challenge 2025: 8779/2300 (completed)
    1% challenge 2024: 3158.76/1426 (completed)
    1% challenge 2023: 1914.96/1866 (completed)
    1% challenge 2022: 1962.27/1949 (completed)
    1% challenge 2021: 2377.36/2033 (completed)

  • pavlovs_dog
    pavlovs_dog Posts: 10,215 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Hi, are there any other challenges on here for mortgages?

    I owe £33k, and the full term is another 8 years, but I am aggressively paying off, have been for 18 months now.

    On this challenge, I would exceed the 1% overpayment each month, the direct debit is over £400, I have been doing another £400+ a month.

    On a completely different note, this thread seems to have a technical fault. I can only see one post per page, instead of 20. All other threads on the forum are ok. Anyone else see this? Thanks 
    There's an annual mortgage free thread where you set yourself an overpayment target for the year.  There is also the mortgage free in 3 thread.  Again you set your own target for that (very few of us are near mortgage freedom).  The current thread runs until January 2022,after which there should be a new version of the challenge.  Both threads welcome newbies at any point in the cycle
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • pavlovs_dog
    pavlovs_dog Posts: 10,215 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    slow progress here as we are aggressively saving for renovations.  As the current account was looking quite flush this payday, I thought I'd make up for my lack of adhoc OPs this year

    paid today: £100
    paid (cumulative): £430/530(81%)
    remaining: £100
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • Barny1979
    Barny1979 Posts: 7,921 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    £500.00 OP today, £656.67 for September  and £3808.30 for 2021
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