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1% MF challenge

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Comments

  • pavlovs_dog
    pavlovs_dog Posts: 10,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    congrats @rara32!!!  That's a huge amount you've cleared this year
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • Anagran
    Anagran Posts: 179 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am going to try and have a go at this. Can probably only manage very small overpayments at the moment, but aiming for 1% seems achievable.

    1% for me is £1250


  • pavlovs_dog
    pavlovs_dog Posts: 10,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    welcome aboard Anagran and good luck!

    paid today: £20
    paid (cumulative): £115/380 (30%)
    remaining: £265
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • pavlovs_dog
    pavlovs_dog Posts: 10,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    paid today: £100
    paid (cumulative): £215/380 (56.5%)
    remaining: £165
    know thyself
    Nid wy'n gofyn bywyd moethus...
  • redofromstart
    redofromstart Posts: 6,104 Forumite
    Eighth Anniversary 1,000 Posts Photogenic Name Dropper
    @KajiKita this the lovely 1% thread which inspired me to really focus on OPs
    My mortgage free diary: +++ Divide by Cucumber Error.  Please reinstall universe and reboot+++

    GNU Mr Redo

  • KajiKita
    KajiKita Posts: 9,528 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    redofromstart said:
    @KajiKita this the lovely 1% thread which inspired me to really focus on OPs
    Thanks Redo 😊

    KK
    As at 15.01.26:
    - When bought house £315,995 mortgage debt and end date at start = October 2039 - now £222,084
    - OPs to mortgage = £12,881 Estd. interest saved = £6,203 to date
    c. 16 months reduction in term
    Fixed rate 3.85% ends October 2030

    Read 13 books of target 52 in 2026 as @ 12th February.
    Produce tracker: £39 of £400 in 2026

    Watch your thoughts, they become your words.
    Watch your words, they become your actions. 
    Watch your actions, they become your reality. 
  • rara32
    rara32 Posts: 101 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Welcome to the board Kajikita  :)

    Thanks for the support Pavlovs - you're going great guns against your round 2 target.

    Found another £13.27 from monthly travel budget to send to the mortgage to reduce it to 188400 to feed my need for neatness. Will keep making tidy up payments until we start 2023 1% target.

    Happy Sunday everyone.

    Mortgage @ 2018 £225000
    Mortgage @ 1 Jan 24 £142600
    Current Mortgage £101519
    10% challenge 2026: 11279/11279 (completed)
    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)

  • rara32
    rara32 Posts: 101 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Payday today and sent over an OP to tidy up the mortgage figure to end in 00. Off for a hopefully low-spend half-term break with DS and DH  :)  

    Paid today:              84.64
    Paid (Cumulative):  2209.45
    Target:                     2033 (+176.45)

    Mortgage @ 2018 £225000
    Mortgage @ 1 Jan 24 £142600
    Current Mortgage £101519
    10% challenge 2026: 11279/11279 (completed)
    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: 10,227 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    paid today: £46
    paid (cumulative): £261/380 (68.6%)
    remaining: £119


    know thyself
    Nid wy'n gofyn bywyd moethus...
  • rara32
    rara32 Posts: 101 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Pay day today so tidy up payment sent to mortgage which is currently ay £187200. Hoping I will have enough to sneak in another op before 1st Jan and before my new 1% target for 2023 :smile:

    Paid today:              84.02
    Paid (Cumulative):  2293.47
    Target:                     2033 (+260.47)
    Mortgage @ 2018 £225000
    Mortgage @ 1 Jan 24 £142600
    Current Mortgage £101519
    10% challenge 2026: 11279/11279 (completed)
    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)

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