What percentage of your salary is your mortgage and how old are you?

[ComeBackBarack]

We’re mortgage free at 50 and looking at getting a mortgage that would take ten years to pay off at 30% of our take home pay. No other debts though and minimal other outgoings.

We are 24 and 25, ours is 22% of our take home pay.

38 and 10%

6% of our combined income.

11% of household income. We have some house stuff to do, then build up savings a bit before we start overpaying.

About 7% of my salary. We bought the house in 2000 before the market went crazy, only 6 years left to pay. I'm 40.

About 30% of household income. I'm early 30's and it will be paid off mid 40's. I was one of the last to get a 100% mortgage so it's halfway through now.

I’m really surprised at how low some of these percentages are. And envious!

I’m 37, mortgage is 27% of joint income. Still got 28 years to pay off on this house but our plan is to move somewhere cheaper in the next couple of years, hammer the mortgage and be mortgage free by 50ish.

I always thought that a mortgage around a third of your income is the norm, lots of variables though of course.

Mortgage is 4% of joint income. I'm 42. I pay more for my gym than my mortgage!

20% and we're mid thirties. Childcare is 24%. Can't believe our mortgage is no longer our biggest monthly bill!

Third of our income, 59 and 55.

Just under a quarter of our joint incomes.

Around 25%+ of joint income. Will also have a massive childcare bill. We're 38 and 35. Will be paying the mortgage for 25 years yet.

I’m 32, DH 40. It’s currently 22% ish of joint take home. Hoping to pay off in 10/12 years

Childcare is another 6% our mortgage is pretty huge. So when that drops in a year or 2 we will up overpayments again

30% of joint income. Ages 30 and 31

Early 40s and about 12.5%. Have 4 years to pay off, but aiming to pay off in 2.

About 5%, was smaller but we've recently moved to a bigger property.

About 12% of joint salaries. Will be paid off by next May though. Hurrah!

40 and about 15% of joint income - 18 yrs left to go!

75% of my salary but I get a pension mid month so takes it to 50%.
I’ll be mortgage free in 6 years, I’m 34.

20% of my monthly income. I'm almost 30. If I get any sort of payrise, I might look to increase that.

Can someone tell me how to work it out please

We are 45 and 42 and it's about 17.5% of our joint take home pay.

Divide the amount of your mortgage by your net salary (or net joint salaries) and multiply by 100.

30% of joint take home pay. 4 years left age 47.

I think it’s a high percentage but hopefully for 4 years we can manage.