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AIBU?

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Original poster

To ask how much your owe on your mortgage and your age?

678 replies

Pussywilloww · 13/06/2023 22:14

Recently remortgaged and the massive rate rise got us thinking. Made me wonder - what is the average people owe? Yes it depends on area/value/when bought etc. But to make it simple I'd be interested in
A) how much owed
B) your age

I'll go first! We owe £115k and I'm 31.

OP posts:
MewMew101 · 31/08/2024 10:20

Andwegoroundagain · 30/08/2024 21:45

Just paid it off today ! 53

Congratulations!

RufustheSpecuIatingreindeer · 31/08/2024 10:00

£275k
55

when we were 50 we owed £40k but dh fell in love with another house (to be fair out of love with our house) and we got an interest only mortgage to afford the new one…we will downsize eventually

Tigofigo · 31/08/2024 09:49

TeenLifeMum · 30/08/2024 21:45

I’m surprised by all the people in their 30s who’ve paid off their mortgages. Considering so many mortgages are now 30 year terms, it seems disproportionate to reality.

Show quote history

Yeah seems crazy to me.

We are mid 40s and mortgage is still over 100k, and we put down a big deposit too. Most people I know still have chunky mortgages.

Houses are around £600k here though so maybe that's why?

TheZeppo · 30/08/2024 22:54

Andwegoroundagain · 30/08/2024 21:45

Just paid it off today ! 53

Congratulations 🥂

WiddlinDiddlin · 30/08/2024 22:53

Zero.
44.

sunsetsandboardwalks · 30/08/2024 22:51

50k. 35.

RheaRend · 30/08/2024 22:29

70k 43

ContinuousProcrastination · 30/08/2024 22:26

330k
39

Its not a high multiple of our income though so I am not too stressed about it

CraftyOP · 30/08/2024 21:58

£280k, 43 and 41 but 30% LTV

rewilded · 30/08/2024 21:49

Just taken £95k mortgage for DD at 55. Paid off my mortgage st 50.

DumpedByText · 30/08/2024 21:47

Zero, I'm 55.

Andwegoroundagain · 30/08/2024 21:45

Just paid it off today ! 53

TeenLifeMum · 30/08/2024 21:45

Rosesandstars · 30/08/2024 14:55

Do you not find these type of threads just make you feel worse? For reference- mid-thirties, no mortgage... yet.

I’m surprised by all the people in their 30s who’ve paid off their mortgages. Considering so many mortgages are now 30 year terms, it seems disproportionate to reality.

TeenLifeMum · 30/08/2024 21:43

Surprised how low many of these are. I thought ours was lowish but clearly not.

£180k age 42

Lemonyyy · 30/08/2024 15:34

About £160k, we're mid-late 30s. Probably a bit more than half what the house is worth.

blackpear · 30/08/2024 15:31

83000

I'm 56

PuzzledParrott · 30/08/2024 15:27

I’m 46.

About £400,000

Hereforthekicks · 30/08/2024 14:59

£17,550
50 years old

ObsidianTree · 30/08/2024 14:56

About £280k. Ages 42 and 37

Rosesandstars · 30/08/2024 14:55

Do you not find these type of threads just make you feel worse? For reference- mid-thirties, no mortgage... yet.

Coffeeisnecessary · 30/08/2024 14:55

About £900k across two properties
43 yrs old
Looks awful seeing it like that

UncleHarry · 30/08/2024 14:50

615k. Aged 47 😱

IsThisCluttered · 28/08/2024 20:47

60k aged 53

Meggie2008 · 28/08/2024 20:46

It was 42k at age 31 but we moved in to our new house 2 weeks ago so it's now 135k at 32.

Didimum · 28/08/2024 20:44

Mumoftwosweetboys · 28/08/2024 20:22

Exactly the same here! London?!

Show quote history

No, East Anglia!