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2017 mfw

edited 2 December 2017 at 3:54PM in Mortgage-Free Wannabe
1.1K replies 119.1K views
12467115

Replies

  • Maybe_its_becauseMaybe_its_because Forumite
    420 Posts
    Ninth Anniversary 100 Posts Combo Breaker
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    Morning Hidden Shadow,

    Thanks for picking up the baton on next year's MFW.

    I'd like to continue participation as #10 please. I didn't make 2016's £5k target as I stopped working to look after the kids so halved our income.
    However I'm going to be brave and try for another £5k in 2017. It's a huge undertaking for which I don't have a plan but need to stay on track to meet the MFi3-4 challenge and our aspiration to be MF by 2025.

    Thank you

    MIB x
    MFW2020 #5 £2,000/2,000
    MFW2021 #5 £350/3,500
    Sep'12 £233,750 Jan'15 £222,329 May’21 £144,344
    MFiT T4 #24 £48k/£34k
    MFiT T5 #24 £14,680/£41k
    £13,428 in 2012 Debt Free day 30th April 2014
  • hiddenshadowhiddenshadow Forumite
    2.5K Posts
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    However I'm going to be brave and try for another £5k in 2017. It's a huge undertaking for which I don't have a plan but need to stay on track to meet the MFi3-4 challenge and our aspiration to be MF by 2025.

    That's the beauty of MFW, can always try and make up ground later. :) Good luck with next year's 5k challenge!
  • edited 12 December 2016 at 12:52PM
    ajmoneyajmoney Forumite
    5.9K Posts
    Part of the Furniture 1,000 Posts Name Dropper
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    edited 12 December 2016 at 12:52PM
    Please can I join the challenge? I would like to keep number 70 if possible. I am aiming to OP £5500.
    2021 MFW No. 70 £2580/£4000
    MFiT-T5 No. 70 £22696.64/£27506.08
  • Hi

    Me please! £2500 in 2017 and #85 again if possible.

    Thanks for running it :)

    TSG
    Mortgage £126746 DEC14 £122423.53 DEC15 £115041.70 DEC16 Remortgaged Sep17 to pay off HtB loan £150000 - £140500 JUL19 Moved house Oct19 £230000 £230400 DEC20
  • Hi hiddenshadow,


    I am currently number 148 for the MFW 2016 challenge. If possible could I have number 86 for 2017 as that is currently showing as free on this year's sheet. If not available could I just have a number lower than 148 please.


    I am expecting an expensive year going forward so could you please set my target as £3750.


    Thanks
    2019 MFW No.12
    OP Target 2019: £3600
    Monthly Total: £300
    Year To Date: £3300
  • Miss_PinkyMiss_Pinky Forumite
    56 Posts
    Fourth Anniversary 10 Posts
    Me Me Me again please. (I was number 15 last year)

    This year I was able to pay £500 per month but my deal is changing in March and changing to me being able to overpay by 10% which in the first few years means I can pay more! But I think this year means this:

    Jan - £500
    Feb - £500
    March - Dec - 10%

    and I won't know what this 10% is till March so I can get a exact figure based on my mortgage at the end of Feb but my aim is to pay the max of 10% over the coming year.

    Miss Pinky xxx
    MFW #15
  • Yaz_2016Yaz_2016 Forumite
    24 Posts
    Fourth Anniversary
    Hi,
    I am new to the forum.
    Could you please add me for 2017? I have a target of £20,000.

    Thanks :-)
  • KittenkirstKittenkirst Forumite
    2.4K Posts
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
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    Hi, can I please join. My overpayment target is £2150 for 2017 :)
    Thank you!
    Mortgage 1- 10/16 £170.995- Overpayments to 06/21: £13,784 (25% extra!): house sold & equity= £88,563.12 after fees!
    Mortgage 2-Due 06/21: £301,691 (!) Rate 2.2%. Plan to clear it before 30 years!!!!!!
  • edited 12 December 2016 at 4:25PM
    User1489User1489 Forumite
    400 Posts
    Fourth Anniversary 100 Posts
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    edited 12 December 2016 at 4:25PM
    I'm here!


    Please may I retain my #74 and the target I need to give you early January when I know my closing balance for this year and what I am allowed to overpay (and have my indicative bonus % from work)!


    Have put a shout out for this challenge on my thread, thanks for running HiddenShadow :)


    Cheers,


    Rasputin - Man vs Mortgage
    Baby Step 1 - £1k Emergency Fund - COMPLETE
    Baby Step 2 - Pay off all debts except the Mortgage - £9,326 to go
    Baby Step 3 - Save 6 months of expenses into full Emergency Fund - £4,300 to go

    Baby Step 4 - Put 15% into Pension
    Baby Step 6 - Pay off the Mortgage early
    Baby Step 7 - Live like no-one else :D
  • atypicalblondeatypicalblonde Forumite
    3.1K Posts
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    Hi Hiddenshadow, please may I join in?

    My target is to pay off £25,000 in 2017.

    Best wishes
    ATB xx
    MFW :)
    [STRIKE]Mortgage 8.2.15 - [/STRIKE][STRIKE]£171,064.64[/STRIKE] Mortgage 1.5.2018 - £99,980.45
    Aiming to be MF 1.10.2020
This discussion has been closed.