2008 MFW newbies

pollys

Just made another overpayment for May, we banked our £2 coins and have collected £350 worth:j so this month have overpaid £650:j :j :j

newmoneysaver_2

My £100 standing order should have hit the mortgage account yesterday/today.

tootallulah

I have made an extra payment of £300 for April so that is a week off my mortgage. Blooming heck £300 to cut the mortgage by a week that means that each year if I stick to this I lose three months off the end date. I need to get my act in gear it's nearly half way through the year and I won't meet my target without a bit more effort. I'm off to the OS board to work out how to spend less on food.

bellsbells

well done to all of you who have updated for May and good luck to every one else who is saving money this month for payments!

bellsbells

Yay! I have reached my rainy day savings target of £1000:j I have also now overpayed £1090 so I am planning on reducing my term so that it is not sat in my overpayment fund being tempting - I want it totally gone! So all in all a good month so far. I am looking forward to finding out how much time my mortgage will reduce by. At the moment I still have 15 years 5 months to go.

moneysavingwannabe

Hi,

Well done Bellsbells you've met all your targets already!

We have made an overpayment this month of £239 to round our mortgage up to £650. The first larger overpayment in a while! Rather chuffed! :money:

Although I got rather depressed with the online mortgage thing as the mortgage went up and up and up everytime I looked at it! Stupid interest!!!
:mad: :eek:

ilovecookies_3

hello
please could you add me to this thread
not sure how much i will be able to do
£180 000 mortgage
need to start knocking some years off

warrior_princess

hey everyone
im just completing remortgaging my home for a massive 157k.............new to this fourm .im really motivated to try and be mf by 7 yr earlier the better (23 yrs left on current).........my first step was to look for an offset mortgage coz Hubbie n me r both high tax payers n are looking 2 save as much as possible .................................
looking fwd to d challenge
thanks

49clare

HiJust to let you all know I have managed my second overpayment.My first payment was April and i managed the target of £400.May i have managed to overpay £400.44p (because i was closing an account and used the interest)I am so proud!!!Just checked the bank account online and doesnt look to good - ill have to wait til the end of the month to check if i have a spare £400 for next months overpayment but its looking doubtful.

newmoneysaver_2

moneysavingwannabe wrote: »

Although I got rather depressed with the online mortgage thing as the mortgage went up and up and up everytime I looked at it! Stupid interest!!!
:mad: :eek:

Mine does that because the interest is added daily. I just tend to look after each overpayment just to make sure it has hit the account and not gone astray.