What percent of your household income is your rent or morgage ?

[Lardlizard]

Our is 11percent

About 15 I think.

Wow they are so low!

I'm in London and it's now where near that low. I dont want to say how much my rent is as it will sound crazy to you, it's about 20-25% of our income which I think is OK for our age in London.

Nearer 30%. Can I ask ages for people with a lot less? Wonder if we are benchmarking with our generation.

20%

33

20% but nearing end of mortgage now and at top end of what we will ever earn.

25% but we overpay up to 36%. Late twenties.

15%

50%. We're on the dole after lockdown redundancies.

Our first home About. 18 years ago was about 25 percent of our income

On MNs these threads are never represent reality. I presume it's because many don't live in London, & are older & got on the ladder when prices were cheaper.

Plus amounts matter 20% of 2k would be more of a struggle than 30% of 10k.

Sorry 19 years ago

42 years of age

Little dorit so sorry to hear that, so you know the website money saving expert.com
Good advice on there

Thing that’s made em thjnk about this is listening to chris Ramsey on YouTube
He’s saying your morgage or rent should not be more than 25 percent of your income

25% feels right. Mine was £1k of a £6k income and now it’s £1k of £3.7k income (income drop also because of redundancies this year!!) which works out about 27% and it feels the highest I’d want it to be.

50% now DH has been redundant. Was 40% before, so not much lower.

About 53%

If yours is 50percent do you have enough money for holidays etc and other stuff

I just worked mine out. 24% I'm late 30s and bought my place 2 years ago.

20%. I’m 36, DH is 40. Are we doing percentages of net income or gross? That’s my net income calculation.

16% and we overpay.

Between 13-16% depending on earnings each month. We’re in our early 30’s, 15 years left on the mortgage although hoping to have paid off in the next 10 or so.

Net income

19% of net income right now, but nursery fees are the same again so that's basically 40% of our income gone before we get to anything else!