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  • FIRST POST
    • muddywhitechicken
    • By muddywhitechicken 12th Oct 12, 10:29 PM
    • 3,915Posts
    • 35,984Thanks
    muddywhitechicken
    Making chicken feed of my mortgage
    • #1
    • 12th Oct 12, 10:29 PM
    Making chicken feed of my mortgage 12th Oct 12 at 10:29 PM
    Hello

    After reading lots of inspirational MFW diaries I have decided to start one of my own as a record of my progress and to keep me motivated.

    When we relocated to our current house 4.5 years ago we gained a bedroom but more than doubled our mortgage
    Luckily Mr MWC had a very generous 4-year relocation package and even luckier it was paid out in full when he was made redundant 6 months later…

    A little about the mortgage…

    July 2002

    Original mortgage (interest only)
    4.49% fixed rate
    Redemption date = July 2027
    £90,250

    April 2008

    Further advance (repayment)
    5.62% fixed rate
    Redemption date = April 2028
    £106,190

    October 2012

    Original mortgage (interest only)
    2.50% BMR
    Redemption date = April 2028
    £88,660

    Further advance (repayment)
    2.50% BMR
    Redemption date = August 2026
    £79,832

    We have been paying £134/month into a S&S ISA for the past 10 years to pay off the capital on the interest only mortgage - fingers crossed. Note to self: check performance of S&S ISA.

    We made our first OP of £2,750 to the FA last November and this year we have OP’d the equivalent of paying the FA twice a month, every month

    A little about me…

    41 years old
    0 children
    7 chickens
    Work FT in a job that bores me to tears but pays well and allows me to finish at lunchtime on Fridays

    A little about Mr MWC…

    Happy to OP as long it doesn’t affect our lifestyle
    Recent convert to topcashback

    Today I have…

    Sold 2 boxes of eggs @ £1.25/box
    Shined my sink (after scrubbing it and bleaching it first)
    Made sausage, barley & kale stew for dinner
    Been unable to locate a dividend cheque for £265 that came in the post last week…

    muddywhitechicken
Page 304
    • pinkypig
    • By pinkypig 3rd Jan 18, 11:08 AM
    • 1,264 Posts
    • 10,237 Thanks
    pinkypig
    Sorry you've had such a rubbish start to the year

    Your FI totals on the other hand are amazing. I'm grappling (again) with the mortgage v pension/early retirement planning and looking at it your way - years worth of income is great - thank you!

    Hope you feel better soon xx
    • greent
    • By greent 3rd Jan 18, 11:56 AM
    • 7,081 Posts
    • 72,155 Thanks
    greent
    Hope you feel better soon, mwc x
    I am the master of my fate; I am the captain of my soul
    Repaid mtge early (orig 11/25) 01/09 £124616 01/10 £104927 01/11 £89873 01/12 £76317 01/13 £52546 01/14 £35356 01/15 £12133 07/15 £NIL
    BTL Mtge 12/16 £69786. 2018 OPs (#18) £1068.37/£4000
    Net sales 2018 £522.39/£1000 PAYDOX18 (#15) £18564.38/£18918.90
    • michelle09
    • By michelle09 3rd Jan 18, 7:17 PM
    • 787 Posts
    • 4,367 Thanks
    michelle09
    Sorry you're not feeling well MWC, but that's great news on the net worth though. Feel better soon.
    • muddywhitechicken
    • By muddywhitechicken 4th Jan 18, 10:10 AM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    Thanks for your get well wishes everyone.
    It's Day 6 of the cold that keeps on giving... I can't remember the last time I was this ill
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • muddywhitechicken
    • By muddywhitechicken 5th Jan 18, 4:34 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    Still feeling grim
    I finally made it into work today... just in time for lunch and then I coughed & spluttered a bit and came home again!
    In my absence, Dr MWC (aka Mr MWC) and Dr Google have diagnosed me as having Aussie Flu
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • apple muncher
    • By apple muncher 5th Jan 18, 4:52 PM
    • 7,384 Posts
    • 55,628 Thanks
    apple muncher
    Sorry ro hear that you are still so poorly, MWC. At least your illness is exotic!

    Get well soon x
    NST June Odyssey #20; NSD 11/15; Ex 9/20 ; craft / (69); remove 54 (433)
    2018 Pay off: £2110; 2
    018 sell

    Mortgage £21,033 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 4:20 AM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    I am so fed up
    Day 8 and now I've got conjunctivitis as well FFS

    In money-related news:
    No spending on groceries since 1 January (Grocery challenge = £3.10/£315)
    Halfway to payout on OP
    Just over 80,000 points with CP (umming and ahhing but will probably exchange for £80 garden centre vouchers in the spring)
    Awaiting £5 L2S voucher from RM unaddressed mail survey and invited to do another survey later this month
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 2:51 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    Meals planned, shopping list written and groceries for the week ahead purchased - no need to go shopping again until next Saturday, as long as I remember to freeze some milk.

    Grocery challenge = £3.10 £24.53/£315
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • michelle09
    • By michelle09 6th Jan 18, 3:52 PM
    • 787 Posts
    • 4,367 Thanks
    michelle09
    There have been some awful bugs going around, today is the first day I'm not feeling gunked up since before Christmas. If Dr Google is correct it's a shame to get it without at least going to Aus!

    Woot, on the finances though, you're doing really well.
    • gallygirl
    • By gallygirl 6th Jan 18, 5:55 PM
    • 16,606 Posts
    • 109,664 Thanks
    gallygirl
    Hope you are on the mend MWC
    A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
    Mortgage Balance = £0
    "Do what others won't early in life so you can do what others can't later in life"
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 6:06 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    We're already counting down the days to February and planning to start the year again!

    I'm hoping to be fully recovered before I visit my aunt (departure in 13 days) *fingers crossed*

    Mr MWC is cooking HFW's parsnip, sprout & chestnut hotpot with cider for dinner using parsnips & sprouts bought before Christmas, chestnuts from the store cupboard (probably bought cheap last January!) and 1/2 bottle cider from the family party in August (rest of the bottle to be used on Monday)!!!

    I'm supposed to be going to a football match with my dad tomorrow (his Christmas present). My head says stay at home but my heart says go, make memories and suffer the consequences
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 6:47 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    I went back to bed this afternoon and left Mr MWC unsupervised with the log burner... it's now so hot that I'm sitting here in my underwear!
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • rtandon27
    • By rtandon27 6th Jan 18, 7:06 PM
    • 2,199 Posts
    • 14,022 Thanks
    rtandon27
    Maybe that was yer Mr's plan all along?

    (Feb 16th seems to be Chinese New Year this year)
    1 YEAR & 7 MONTHS DEBT FREE!!! (24 OCT 2016)
    (With heartfelt thanks to those who have gone before us & their indubitable generosity.)
    Juggling the pots to keep in the black!
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 7:20 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    Maybe that was yer Mr's plan all along?
    Originally posted by rtandon27
    He's slumped on the sofa decluttering cheese & biscuits and not looking remotely frisky
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • apple muncher
    • By apple muncher 6th Jan 18, 7:37 PM
    • 7,384 Posts
    • 55,628 Thanks
    apple muncher
    Looks can be deceiving...
    NST June Odyssey #20; NSD 11/15; Ex 9/20 ; craft / (69); remove 54 (433)
    2018 Pay off: £2110; 2
    018 sell

    Mortgage £21,033 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
    • muddywhitechicken
    • By muddywhitechicken 6th Jan 18, 7:52 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    Looks can be deceiving...
    Originally posted by apple muncher
    Let's hope not
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • pinkypig
    • By pinkypig 6th Jan 18, 9:16 PM
    • 1,264 Posts
    • 10,237 Thanks
    pinkypig
    I'm afraid I'm with Mr MWC, nothing (not even a beloved in their pants) would distracted me from a bit of cheese decluttering!

    Hope you're feeling a bit better. I had something similar before Christmas and it was proper s**te

    PP xx
    • muddywhitechicken
    • By muddywhitechicken 8th Jan 18, 1:07 PM
    • 3,915 Posts
    • 35,984 Thanks
    muddywhitechicken
    proper s**te
    Originally posted by pinkypig
    That's exactly how I feel PP!!!

    Day 10 today and no improvement I've now been prescribed antibiotics for the sore throat and antibiotic eye drops for the conjunctivitis so hopefully I'll start to feel better soon *fingers crossed*
    Mortgage at highest (April 2008): ~£195,000
    Outstanding balance: <£30,000
    Current total overpayments: ~£128,250
    • XSpender
    • By XSpender 8th Jan 18, 2:11 PM
    • 2,974 Posts
    • 30,694 Thanks
    XSpender
    I hope you start to feel better soon x
    Action Plan Part 1 - Clear First 3 Balances
    Target Debt Lloyds (Me) Part 1 £666.22/£0
    Target Debt Virgin (Me) Part 1 £1176.49/£0
    Target Debt Virgin (Me) Part 2 £1038/£970
    Big black hole of debt - £53,515.15 @ 16.12.17 £52,811.64 @ 28.02.18, £50,638.77 @ 28.03.18, £49,778.78 @ 20.04.18, £46,093.32 @ 18.05.18, £47,401.24 @ 21.06.18
    • apple muncher
    • By apple muncher 8th Jan 18, 5:52 PM
    • 7,384 Posts
    • 55,628 Thanks
    apple muncher
    Will you be fit to travel? Hope so x
    NST June Odyssey #20; NSD 11/15; Ex 9/20 ; craft / (69); remove 54 (433)
    2018 Pay off: £2110; 2
    018 sell

    Mortgage £21,033 (01/14: £78,201; 01/15: £59,629; 01/16: 39,915; 01/17: 27,295; 01/18 23,143) MFWDate Dec 2018
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