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I wanna be mortgage free!

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Comments

  • Queen-Bee_2
    Queen-Bee_2 Posts: 828 Forumite
    Mortgage-free Glee!
    Wow, well done with the YouGov £50 - how long did it take you to build that up?? QB
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    About 2 years, perhaps a little longer. I already have another £5.50 in there.
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I've just signed up to i-measure to keep track of my energy usage....hopefully it will keep me on the straight and narrow with regard to getting my household energy rating up to 'A' rather than whatever horror it must be now!!
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 7 February 2010 at 1:39PM
    Mortgage at start of January: £ 39'767.97
    Overpayments in Blue.
    Interest in Red.
    Balance in Green.

    Month: Payment (Std / OP) / Interest (per day) / Net reduction / Balance

    January: 450.00 (328.81 / 121.19) / £178.62 (£5.76) / 271.38 / £39,496.62
    February: 450.00 (328.81 / 121.19) / £177.48 (£6.34) / 272.59 / £39,224.03

    Totals: Payment / Interest / Net reduction.
    Grand Total: 900.00 / 356.10 / 543.97

    Balance outstanding: £39,224.03
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Nothing much has been happening at the twinklie household. Although, DH has sorted his tax and it's all be reviewed etc due to a change in our circumstances. He only a little to pay for his next tax year...so his self employed earnings are going to fund us a holiday AND paying off our debts!

    I'm very excited!! :j

    I've done no mystery shops for a while...boo. But I really haven't had the time. I've spent the morning cleaning and now need to crack on with a bit of school work before my DH comes home.
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Just noticed...my cheque from Yougov hasn't turned up yet....hmmm...
    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 37
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The car finance update has come through....so I've updated my signature accordingly. We actually owe less than I thought!! :j By about £600!!! :J

    Nothing much else to report on the finances really. Ho hum.
    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 37
  • THRIFTY_GIRL
    THRIFTY_GIRL Posts: 304 Forumite
    twinklie wrote: »
    so his self employed earnings are going to fund us a holiday AND paying off our debts!

    I'm very excited!! :j

    I've done no mystery shops for a while...boo. But I really haven't had the time. I've spent the morning cleaning and now need to crack on with a bit of school work before my DH comes home.

    Well done DH:T....housework for me to...thou plenty of MS to be done too...priorities, priorities. Have a nice weekend, and half-term (u r 1 of the teachers on the thread aren't you?). I'm just looking forward to a few lie ins next week:p
    MFiT - T2 # 64start date: 1.7.09 MFW end date: 31.10.17
    Start balance: £205,746.51 :eek: Month 18/100..paid 13.50%
    Current balance: £177,977.07 (updated 18.12.10)
    Target 12.12.12: From £194,000 to £140,000:p
    MFI-3 reductions: £16,023/£54,000 achieved (29.67%):j
  • twinklie
    twinklie Posts: 5,176 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Yup it's half term at last!! LOTS OF SLEEP!!!! :D
    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 37
  • lamorna23
    lamorna23 Posts: 24 Forumite
    Quick and simple question

    OP fee of 3% which the provider take from the actual OP, I want the net OP off my mortgage to be £5000 what should my gross OP amount be???

    so

    Gross OP - 3% = £5000
    MFiT member 127
    Mortgage Oct 2008 £96,500
    Mortgage 12/12/09 £82,842.66
    Mortgage 12/12/12 zero (hopefully!)
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