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To ask you how much your mortgage repayments are each month.

(182 Posts)
UterusUterusGhali Thu 08-Sep-11 20:48:04

I probably am. Terribly vulgar etc etc, but I've been looking into it and I'd be paying £140000 ish per month. (We rent atm. Would need a 3 bed)

This sounds a lot. Is it?

LineRunner Thu 08-Sep-11 20:51:02

Yes, £140k a month is a little on the large side.

monkeyfacegrace Thu 08-Sep-11 20:51:29

Ummm....need more info than that!

So many variables that this question is completely pointless.

HTH grin

monkeyfacegrace Thu 08-Sep-11 20:51:57


lol!

Iggly Thu 08-Sep-11 20:52:05

YABU

groak Thu 08-Sep-11 20:52:21

£520.00.

cherrysodalover Thu 08-Sep-11 20:52:32

1200.....on rent

mortgage on a flat is 550 which we rent out and break even.

i think unless you bought 10 years ago few pay less than a grand a month.
1400 sounds about normal to me.

mistressploppy Thu 08-Sep-11 20:52:40

If we manage to move, £3100 p/m - but hopefully not for too long

Mandy2003 Thu 08-Sep-11 20:52:54

£165 per month. No, that's not a typo - I first bought in 1982 and still have £46,000 outstanding.

Flatstomachenomore Thu 08-Sep-11 20:53:49

We pay just over £1,500 per month and owe £200k, though we are just about to change lenders which will bring it down to just under £1,300.

usualsuspect Thu 08-Sep-11 20:53:54

yabu and nosey

FredBare Thu 08-Sep-11 20:54:04

£19 a month

sneakybeak Thu 08-Sep-11 20:54:14

£1100 pcm rent.

MrsCog Thu 08-Sep-11 20:55:36

£420 a month on around 89K

KittyFane Thu 08-Sep-11 20:55:37

Mistress.. Really? Nice house then?!

levantine Thu 08-Sep-11 20:55:44

Really usualsuspect? I think it would be nosey in RL, but quite sensible to ask on an anonymous forum. I want to know the answer to as we are about to take on a biggish mortgage.

Beamur Thu 08-Sep-11 20:56:25

You're really paying £140K a month?? What are you buying, a palace?

UterusUterusGhali Thu 08-Sep-11 20:56:40

Ha, £1400, obvs.blush

£280000 house. (Ex council house in dire need of modernisation.)
Income £2500ish.

mistressploppy Thu 08-Sep-11 20:58:00

Kitty - nah, shithole

<accused of stealth boasting too many times>

MultipleSoManyPapercuts Thu 08-Sep-11 20:58:21

£420 a month, but only cos were on a tracker, it was £1400 when we started out.

Beamur Thu 08-Sep-11 20:58:35

Thats a big chunk of your income, our mortgage is tiny really - about 5% of our income but somehow we are still skint...

UterusUterusGhali Thu 08-Sep-11 20:59:24

I know it's nosy & rude. That's why I put it here. But anonymous.

Mandy, wow! Could you overpay? Would it be worth your while? What happens when you retire? Will they make you pay it off before then?

thestringcheeseincident Thu 08-Sep-11 20:59:32

£2400. It hurts!

KittyFane Thu 08-Sep-11 21:00:17

OP- add on council tax, ALL utilities and monthly payments... How much is left? Even with our smallish mortgage £540 we pay out about £1500 each month just to 'live'

ByTheSea Thu 08-Sep-11 21:00:48

£1204/month

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