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1% MF challenge
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Happy New Year everyone! Making my first overpayment in 2022 with left over xmas budget.
Paid today: 187.89
Cumulative: 187.89/1949
outstanding:1761.11Mortgage @ 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)2 -
and we're out of the starting blocks for 2022!
paid today: £30
paid (cumulative): £30/429 (7%)
remaining: £399
Wishing you all a happy, healthy, mortgage destroying 2022!
know thyselfNid wy'n gofyn bywyd moethus...0 -
Pay day today and some money left in the Jan budget which I've used towards the monthly op:
Paid today: 187.53
Cumulative: 375.42/1949
outstanding:1573.58
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)1 -
Nice little cashback pay out sent mortgagewards
paid today: £30
paid (cumulative): £60/429 (14%)
remaining: £369
know thyselfNid wy'n gofyn bywyd moethus...0 -
Pay day today and the sun has finally come out after all the rain and wind
:
Paid today: 87.18
Cumulative: 462.60/1949
outstanding:1486.40
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)1 -
Paid today: £180
Paid (cumulative): £430/ £2020 (21%)
Remaining: £1,590
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 371 -
Am I too late to join? My 1% would be £1388, still seems a lot but it is something to aim for! I OP £50 a month so am at £150/£1388 so far, this alone won't be enough to meet the target so will be looking at other ways of doing this 1
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of course not @Aimingforthegoodlife, welcome board!
paid today: £72
paid (cumulative): £132/429 (31%)
remaining: £297
know thyselfNid wy'n gofyn bywyd moethus...1 -
Happy Friday everyone
Paid today: 186.56
Cumulative: 649.16/1949
outstanding:1299.84
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)2 -
OH surprised me with an OP to take our mortgage out of the £40k bracket. He not only smashed the remainder of our current 1% challenge but made good headway into round 2 - he's firmly in the good books today!
paid today: £297
paid (cumulative): £429/429 (100%)
remaining: £0
New target is £399
paid today: £101.80
paid (cumulative): £101.80/399 (26%)
remaining: £297.2
know thyselfNid wy'n gofyn bywyd moethus...1
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