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Are you in ur forties and don't mind telling how much mortgage u have ?

(120 Posts)
Molly333 Wed 16-Nov-16 19:23:44

Hi sorry if I seem nosey but I'm worried about upping my mortgage ( need room) but worried I'm not realistic . The mortgage amount is 145000 , what's yrs ?

GettingitwrongHauntingatnight Wed 16-Nov-16 19:26:16

Why? Its all relative.

kicksupastorm Wed 16-Nov-16 19:27:49

I have £65000 but am paying that alone, currently will be paid off by age 59 but I'd like to renegotiate and pay it off a couple of years earlier if possible.

Bluntness100 Wed 16-Nov-16 19:29:40

It's not the size, it's the mortgage in relation to uour joint income. Our mortgage is about a year and a half joint salaries.

Thatwaslulu Wed 16-Nov-16 19:30:44

I'm in my late 30s, so maybe a bit younger than you expected, but not sure whether this could be helpful. I have 9 years left on my mortgage, it was £45k and I have £20k left to pay.

ITCouldBeWorse Wed 16-Nov-16 19:31:41

Message withdrawn at poster's request.

CaesiumTime Wed 16-Nov-16 19:33:56

It's all relative. confused Some could pay off £145,000 in a few years, for others it would take a lifetime.

NineInchNails Wed 16-Nov-16 19:33:56

I'm 40. I have 25 years left on a mortgage but only pay £500 pm.

eternalopt Wed 16-Nov-16 19:34:29

What's age got to do with it? It's more to do with income surely?

Vinegartitsvera Wed 16-Nov-16 19:34:36

Age 40 and 44. 20,000 left over 3 years. We have thrown everything at it though in last few years.

Madbengalmum Wed 16-Nov-16 19:36:33

39 and have no mortgage, yay.

Chickydoo Wed 16-Nov-16 19:37:59

Late 40's paid off

SpeckledyBanana Wed 16-Nov-16 19:39:53

41, 20 years left, about 1.7 times joint income left to pay.

KarmaNoMore Wed 16-Nov-16 19:40:04

Well... I owe quite a bit but then it is a expensive house in a expensive area so I think I'm doing ok,

I owe about 25% of its value. Will have a mortgage until I retire but the payments are reasonable and compared to paying rent... minimal.

LittleBearPad Wed 16-Nov-16 19:42:26

Late 30s - about £650k. sad

leccybill Wed 16-Nov-16 19:43:49

I'm 36 and DH 42. We owe £85k still.

WhisperingLoudly Wed 16-Nov-16 19:45:35

Late thirties about to take a new one close to 6 figures. Is what it is.

MadameJosephine Wed 16-Nov-16 19:47:14

too bloody much! Just bought ex out so have £117000 left to pay. Planning to downsize if I can as I never would have planned to take that size mortgage out on my own

Babyroobs Wed 16-Nov-16 19:47:56

Late 40's. Just paid it off but might extend it again if we decide to move.

IEatCannibals Wed 16-Nov-16 19:51:06

Am 40yo. 29k left on mortgage.

jelliebelly Wed 16-Nov-16 19:58:14

45 and £250k

SillySongsWithLarry Wed 16-Nov-16 20:01:24

I'm a smidge younger than 30 but have the choice of mortgage free by 40 or bigger house and start again. The leap from a flat to a house here in the SE would add another £100k over 25 years. I'll come back in 10 years and answer your question.

Ta1kinpeece Wed 16-Nov-16 20:01:31

I cleared my mortgage in my late 40's
but I was lucky and bought my first house for £30,000
and every time I moved kept the mortgage end date the same

I could never afford to buy the house I now own at current "values"

MadMadDonna Wed 16-Nov-16 20:09:25

I'm in my forties. £185k mortgage but house is worth £1m+

ITCouldBeWorse Wed 16-Nov-16 20:17:02

Message withdrawn at poster's request.

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