We've had an offer accepted on our house and are about to start househunting in earnest. This will involve massively increasing our mortgage (and therefore also massively decreasing our OPs). How would you like to update the spreadsheet when it comes to that point? Is it possible to change my target partway through the year? Or should I drop out of the challenge and rejoin next year (I don't imagine it's going to be a speedy process!)?
We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
2022 Mortgage-Free Wannabes
Comments
-
#71 Checking in with a March OP of £150
Thank you very please 😁MFW 2022 #71 £4400/£44002 -
Hi
#52 with March OP of £878.55
thank you
Mortgage Aug 2019- £180000
Aug 20- £173815
Aug 21- £159800
Aug 22- £146000
Aug 23- ?
Aug 24 (end of fix)- ?
Currently- £136400
original mortgage free date August 2044
Aiming for 2037
MFW 2023 #242 -
Morning all. #60 checking in with an OP for March of £394.65.Emergency Fund - £8572.39 / £10,000 :: Mortgage OP 2025 - £LISA 24/25 - £3200 / £4000 :: NSD 2025 - 2 / 150 :: Books Read: 1 / 52 :: Decluttering - 4 / 1000Engaged 9th December 2010 :: Married 29th October 2015 :: Bought a House 13th January 20172
-
Morning Julicorn, I have an exciting life update which is going to completely screw up my MFW plans for the year

We've had an offer accepted on our house and are about to start househunting in earnest. This will involve massively increasing our mortgage (and therefore also massively decreasing our OPs). How would you like to update the spreadsheet when it comes to that point? Is it possible to change my target partway through the year? Or should I drop out of the challenge and rejoin next year (I don't imagine it's going to be a speedy process!)?MFW2023 challenge #99: £1090.11 / £1,000 MFiT-T6 (Jan 2022 - Jan 2025) challenge #99: Reduce mortgage to £400,000. Current balance = £413,551.19 Initial MF date (23rd Aug 2022): Sep 2051 Current MF date: Jul 2051 Last updated: 15/06/20233 -
Congratulations! You can absolutely change your target at any point throughout the yearpinknsparkly said:Morning Julicorn, I have an exciting life update which is going to completely screw up my MFW plans for the year
We've had an offer accepted on our house and are about to start househunting in earnest. This will involve massively increasing our mortgage (and therefore also massively decreasing our OPs). How would you like to update the spreadsheet when it comes to that point? Is it possible to change my target partway through the year? Or should I drop out of the challenge and rejoin next year (I don't imagine it's going to be a speedy process!)?
Happy house-hunting! 1 -
#46 checking in for February with an OP of £1672022 mfw #46 - £1503/£14002
-
Hi @julicorn #8 here: £327.59 overpayment for March, bring total 2022 overpayments to £1180.08. Thanks
- Mortgage over-payments to date: = £16,746
- Original redemption date: August 2043
- Current redemption date: July 2041
- Debt: £15,930
- Savings: £12,430
2 -
Hi there, #56 with Febs OP of £108.63 and March's OP of £108.45.
Thanks!MFW - #133 - 2020 Challenge - £1230.67 / £1159
MFW - #133 - 2021 Challenge - £1328 / £1270
MFW #56 - 2022 Challenge - £325.35 / £1296
Mortgage began Jan 2019 - £115,900
Mortgage Currently - £105,1602 -
#88 starting the month off with a £200 OP
Many thanks!MFW 2022 #88: £6620/£6000
MFW 2023 #38: £13242.13/£6000
MFW 2024 #38: £15792.12./£9000
MFW 2025 #38: £14149.23/£7500
Thank you to all competition posters2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards

