Just a generally nosey question to see how we compare with others. We have combined thp of £4400 and pay £2000 in mortgage, so about 45% - though we are overpaying by around £400 per month. Have a £243k mortgage. Thanks for sharing your info!!
we've had this question before on mumsnet and i think that what you have left after mortgate is actually more relevant. for us it is about 40% but we have 1100 left per month after mortgage, so less than half what you have!
Not currently working because recently made redundant but when I worked our mortgage was about 20% of our combined take home pay.
When I return to work I am hoping to still be receiving about half of what I used to earn while doing part time hours instead of full time. This will make our mortgage 30% of our income.
Our mortgage is around £660/month, we could have afforded much more when I was working but as we hoped to start a family we chose to buy a small house that we knew we would be able to afford even if my income was severely reduced.
Im interested in this too to see what is realistically possible with still maintaining a reasonable standard of living. If we ever get moving we'll have a 100k mortgage with an income of about 2100 a month, so its roughly a third on mortgage. I am currently mortgage free so it will be a huge change.
Less than 5% but tbh our mortgage is bugger all at the moment yay, a few lucky breaks, working bloody hard + very good savers has put us in a good position I am very thankful for this and know I'm very lucky