2008 MFW newbies

moominyak

Hi all,

Total for me YTD is £1195.37... doesn't look like I'm going to make 2k before 2009, although if I include the OPs I'd made before joining this challenge in July, it's actually £1815.37

By my calculations :rolleyes: I think I should end the year with a balance of just under £120k even with no more OPs in Nov/Dec...which is where I wanted to get to really... although I'll still OP a bit more this year if I can.

2009? Bring it on! :cool:

Hope everybody else has a good OPful last couple of months! :beer:

Moniker

Hi everyone
Just popped in to update my signature and say that I just made the OP deadline this month by the skin of my teeth! I couldn't get to the bank by the end of the month so I made a payment online and it didn't show up till this morning! I was having kittens thinking I had missed the deadline (the Nationwide allows over payments of up to £500 per month and if you go over you are penalised). If I had missed the date it would have meant an extra month on my mortgage. Strangely if I pay by cheque the mortgage gets credited on the day I pay and the cheque takes a couple of days to clear my current account. Doing an online transfer means the money goes out of the current account straightaway and is not credited to the mortgage for up to 2 working days. So you lose out on interest in the current account and pay up to 2 days extra interest on the £500 which has not yet been credited to the mortgage. I will make sure I get the time to go to the bank with the cheque next month.

good luck everyone with the next month's target.

Moniker

bellsbells

Here we go with Octobers totals. Aspecial mention must be made to Courgette - target has been reached and exceeded.:j Well done to you Courgette!

bellsbells wrote: »

Welcome to the thread for everyone starting their MFW journey in 2008. Please feel free to join at any time and your name will be added to the list along with any specific overpayment goals you have for the year. I will do an update each month on our progress so we can see how we are all doing and offer each other support, ideas and encouragement!

There is no cut off point for joining the thread and the challenge (except the 31st December:rotfl: ) so if at any point this year you are ready to start working on becoming mortgage free please join us! Your target can be as specific or general as you like.

Good luck to all!

Goal for 2008/general aims Total so far for the year Total for October
1. Martinslovechild - MFW Graduate
2. Poppyosaur - £2000 overpayment £1666 £10
3. SPL - £5000 overpayment £7146.88 £
4. Elantan - £2000 overpayment £1146 £
5. Newmoneysaver - £1500 overpayment £3576.90 £
6. Lumpy Custard - Reduce mortgage to £20K £9200 £1000
7. Wheelies - £343.20 overpayment £117.20 £
8. Daft Pegasus - Reduce mortgage by £12000 £7010 £
9. Ms Cat - £2000 overpayment by end Nov £700 £
10 MF2015 - £8900 overpayment £3750 £
11. Hummingbird - £4685 overpayment £600 £
12. TEENY -
13. Bellsbells - £2500 overpayment £1840 £150
14. Atypicalblonde - £2500 overpayment £0 £
15. Frugalfreda - Overpay as much as possible £3000 £
16. Di-Dough - £3000 overpayment £1520.55 £109.28
17. Torbrex - MFW Graduate £2000 overpayment £11223.33 £5925.36 Became MF October 2008
18. Violet Blue - Reduce mortgage to £23000 £15087.83 £238
19. Belfastgirl23 - £2500 overpayment £2994 £599
20. LouiseJ - £3720 overpayment £2948 £40
21. Thriftyget - Sub 30K by end of year
22. Jay1 - Overpay as much as possible
23. Squiggly Diddly - Overpay something each month £500 £
24. Kazzieg - Clear £35k mortgage
25. Zavarony - £3000 overpayment £2550 £250
26. Stripey Cheese Skirt - £3000 overpayment
27. SALTY69 - £3600 overpayment £700 £
28. Emma_Nottingham - £1600 overpayment by 2/11 £361.35 £
29. Macka0 - Pay off £5000 by October £1500 £
30. Kezza12 - £3000 overpayment £2670 £200
31. Lifebegins - £6000 overpayment
32. George_jetson - MFW Graduate - became MF July '08
33. Chrisbee - £600 overpayment £50 £
34. Sheslookinhot - Reduce mortgage to £13000 £3396 £336
35. Intheblackfinally -
36. DrGUID -
37. Lauren565 - £5000 overpayment £1,132 £
38. Cazzdevil -
39. Twinklie - £
40. Alion - £3000 overpayment £2500 £500
41. Aliportico - £2000 overpayment £800 £
42. Steveswift - £4000 overpayment £2063 £383
43. Tootallulah - £4500 overpayment £3050 £305
44. Angel81uk -
45. Howskint? - £3500 £ £
46. Freaky-di - £1500 overpayment
47. Broomstick27 - £500 £
48. Gazella77 - £2000 overpayment £490 £
49. Alli_baba2 - £4500 overpayment £3792.37 £
50. Loomacdon - overpay as much as possible £4427.48 £
51. Bargainhunter - £2400 overpayment£1436.30 £
52. I,m Sad - £ £ £
53. Clockwatcher - £500 overpayment £600 £
54. Maximumtime - £4000 overpayment £ £
55. Hawksmuir - £1000 overpayment £800 £
56. Courgette - £2000 overpayment £2219.47 £536.91
57. Sofasurfer - £5000 overpayment £50 £
58. Teasel26 - £1000 overpayment £ £
59. 49clare - £ £800.44 £
60. ShakyStoozer - £ £ £
61. ShreksBodyDouble - £1000 overpayment £690 £
62. IDN101 - £ £ £
63. Sosh - £4000 overpayment £4555.90 £760.18
64. Oggieinglos -
65. Steve-o - £7200 overpayment
66. Daisydog - £
67. Skint2008 - £
68. Mischiefmaker - £1000 overpayment £40 £
69. Courgette -
70. Gillybean - £2000 overpayment £100 £
71. Birdstill - Reduce mortgage by 20k £15K £
72. Bigadd - Overpay by £3564 £ £
73. Bubblette - Offset as much as possible
74. Gustavlebon -
75. Pollys - £2400 overpayment £4780 £595
76. Savvymummy - £1000 overpayment £197 £
77. Overthetop - £5130 overpayment £3990 £570
78. Snaggles - Get mortgage to below 32k £1531.83
79. Oompahloompah - £ £ £
80. Dingling68 - £1500 overpayment
81. Abouttimetoo - £2700 overpayment £3350 £1400
82. Sreppaw -
83. Aliwal - £1000 overpayment
84. Zebedy - £5000 overpayment £5970.77 £300
85. Mustafa Say Ving - £5000 overpayment £585 £
86. Mrs Binsky - £6000 overpayment £3000 £
87. Mitchg - Mortgage free this summer
88. Shawtj2 - £600 overpayment by March '09
89. Bedhair - £1500 overpayment £300 £
90. Redmadcurls -
91. Moneysavingwannabe - £2250 overpayment £1039.60 £88.96
92. Ilovecookies - Overpay as much as possible
93. Warrior Princess - £22000
94. Fuzzipeg - Reduce mortgage by 9K £4000 £
95. Shirlgirl - Overpay £22500 £18790.69 £13740
96. SuiDreams - £500 overpayment £380.85 £
97. Welshlassie - £240 overpayment £735.41 £130.38
98. Jobags - Overpay 40K £34186 £600
99. Laurar3 - £1500 0verpayment £1347 £
100. Cookie334 - Overpay £600 £334 £
101. Petscomer176 - Overpay £500 £152 £
102. Hels50 - Reduce mortgage to sub 60K
103. Vespa Rider - £3000 overpayment
104. Fluffysox - £2000 overpayment £3279 £496
105. AJ1982 - £5000 overpayment
106. Noodles42 - £2000 overpayment £2457.50 £400
107. Gifford - £10000 overpayment £5000 £
108. Sportyjd - £1250 overpayment
109. Tro127 - £2008 overpayment £855 £
110. TurnaroundSue - £2000 overpayment £2135.70 TARGET REACHED!!!!!
111. LindsayO -
112. Floxxie - Mortgage down to 90K (target - £16433.79) August = £91175
113. Lilmil - £2500 overpayment £1160 £
114. Sunny Donny - £120 overpayment £70.71 £10
115. Ferguwat - £500 overpayment £400 £
116. Nic283 -
117. Want2beMF -
118. Shineyhappy - £5000 overpayment £1000 £
119. Herewegoagain - £4440 overpayment £7029 £408.11
120. Llydaw - £2500 0verpayment £1192 £
121. SnaxO -
122. PsychoPrincess - £5952.60 overpayment £180 £
123. Zekepes - £12500 overpayment £3000 £
124. Newbird -
125. Lunar Eclipse -Reduce mortgage by £100K £97K £
126. 2latenow - Reduce mortgage to £200k in 3 yrs £3031 £
127 Gladriel - £300 overpayment £1500 £
128. Optimisticpair -
129. Nellis10 - Overpay by £3000
130. Moominyak - Overpay by £2000 £1195.37 £175.37
131. Bernlyn -
132. Lilac Pixie -
133. Moniker - £6000 overpayment £5000 £500
134. Polesana -
135. Little Orange - Overpay by £1500 £282.41 £
136. Montillababe -
137. Leokiss -
137. LA83 - £130
138. Fivefifty - Pay off mortgage in 3 years
139. Topov - Overpay by £3000 £1000 £
140. Debjk -
141. Sky-blue pink - £1350 £
142. Julie - Overpay by £9000 £3950 £
143. I, Brian - Overpay by £6000
144. Jexybird -
145. Lizziebell*80 -
146. Samantha1985 -
147. Earthgirl - Overpay by £6000 £5000 £1000
148. Gaz2202
149. J4m35 - £3310 £336
150. Maslowe - £750 £
151. Kevjarvisuni - £2000 overpayment £600 £
152. Kazzys51 -
153. Longway2go -
154. Cake21 - £6000 overpayment £5059 £244
155. Frazzmunch - £600 overpayment £300 £300
156. TraceyJ -
157. Uzubairu - £5000 overpayment £3900 £500
158. Waves117 - £6500 overpayment £4897 £4897
159. Nuzzie -
160. Lister -
161. Licapica - £1050 Overpayment
162. Ema_O -
163. Mortgageslayer - Current Mortgage = 121000 Targer = 110000
164. Trudypretty - £100 £100
165. AuntieH -

bellsbells

Well thoughts are turning to next years thread already so I thought it was time to fill you in on the details. I am going to step down at the end of this year due to the arrival of baby. However the wonderful Zavarony has offered to host the 2009 thread for us. At some point soon Zav will give you details about exactly what is happening and how to join up but I am guessing the format will be very similar to this year!

I am planning on doing this thread till the end and finishing with a summary of all the grand totals at the start of Jan.

My OH has been primed ready to break the news to you all when bump turns up by the way - it should be sometime this month:j

twinklie

I don't get on here very much so just wanted to say THANK YOU bellsbells, even though I've not had an opportunity to OP at all, it helps me stay focused on what I want to do as soon as I can.

Good luck with the bumps arrival. Bless.

tootallulah

Hi All,

Well never say never £53 came through on Quidco yesterday so I have paid off £53 this morning, perhaps the odd bit will get paid off over thenext few months!

pollys

Thank you so much bellsbells. Without this thread me and mr pollys wouldnot have overpaid our mortgage. The total we owe now looks so much better than it did back in May.

Looking forward to hearing news of your little ones arrival.

Love Pollys

CountingPenniesClaire

Hello Bellsbells

I'd like to join the MFW challenge too please. Started off with as first time buyers with a mortgage of around £149400 in Nov 2001 on a 7 year fix of 5.69% . Since then we have managed to overpay by about £28,000 and now owe £98,000 (under the £100k mark hurrah!). We move to a new mortgage on 1 Feb (offset, tracking BOE plus 0.74% for term, no fees or ERC). Our objective is to have paid off the mortgage by 1 Feb 2012, so in just over 3 years time. Let me know if you need anymore information from me. How often do you want updates?

CPC

zavarony

Hi All,

Further to Bells post, I have started the 2009 MF Wannabe's thread - just got to add all the existing members to it - if your names not on just let me know and I will add you to it ready to start on 1 Jan 2009

http://forums.moneysavingexpert.com/showthread.html?t=1259563

Good Luck to all for next year and well done for all the work put in to get us this far.
Thanks Bells, hope all goes well with baby bb, can't wait to here the news....
Zav

Di-Dough

Number 16 checking in:hello:

Well November's OP has been paid and another £139.28 has been added so the total for this year is £1,659.83:j Don't think I will be making my target this year ..... just means I have to make next year's easier:rotfl:

Di