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

[UterusUterusGhali]

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]

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

[monkeyfacegrace]

Ummm....need more info than that!

So many variables that this question is completely pointless.

HTH

[monkeyfacegrace]

^^
lol!

[Iggly]

YABU

[groak]

£520.00.

[cherrysodalover]

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]

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

[Mandy2003]

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

[Flatstomachenomore]

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]

yabu and nosey

[FredBare]

£19 a month

[sneakybeak]

£1100 pcm rent.

[MrsCog]

£420 a month on around 89K

[KittyFane]

Mistress.. Really? Nice house then?!

[levantine]

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]

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

[UterusUterusGhali]

Ha, £1400, obvs.

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

[mistressploppy]

Kitty - nah, shithole

[MultipleSoManyPapercuts]

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

[Beamur]

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

[UterusUterusGhali]

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]

£2400. It hurts!

[KittyFane]

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]

£1204/month

[nethunsreject]

£700

Just under one third of our net income, which is the max recommended to be 'managable'.