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

204 replies

Lardlizard · 07/09/2020 17:50

Our is 11percent

OP posts:
Bluefargo · 07/09/2020 19:09

As a % of household income After tax/pension I presume?

happyfeet245 · 07/09/2020 19:10

10%

jujubeany · 07/09/2020 19:12

Oh I forgot to actually include mine. It's 14% but we will move soon & only limited childcare costs from now on so will probably cost us 28% although I could increase my days (currently p/t). That's from net salary after pension deductions.

Rtmhwales · 07/09/2020 19:17

30% of our take home pay (after tax and pensions), only 21% if you're doing gross. But we also rent out the annex of it (it's a very large house with a self contained until) which drops it down to only 10% of after tax. That said, we have a lot of huge outgoings otherwise.

bumblebeewine · 07/09/2020 19:18

I've just worked it out for the first time ever! Exactly 19.3. Is that good or bad?

DrinkFeckArseGirls · 07/09/2020 19:19

27.5%

stillfeelingmad · 07/09/2020 19:19

14%

stillfeelingmad · 07/09/2020 19:20

Sorry just seen
Someone asked for ages. We're early thirties, no dc yet

Chanel05 · 07/09/2020 19:23

26% of net income.

Lardlizard · 07/09/2020 19:23

Barbara how old are you ?

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passthemustard · 07/09/2020 19:24

Around 8%
Age 43

MolyHolyGuacamole · 07/09/2020 19:24

28%. London, single, live in a studio.

passthemustard · 07/09/2020 19:24

Nooooo I'm 42 😂😂😂

ThinkAboutItTomorrow · 07/09/2020 19:24

This is useful, though not split by age

What percent of your household income is your rent or morgage ?
fish88 · 07/09/2020 19:25

24% of our joint take home pay. We are both in our early 30s and have 23 years left on our mortgage.

SteveArnottsbeadyeyes · 07/09/2020 19:25

20% - but we bought fairly recently and it’s London.

dementedma · 07/09/2020 19:26

10%. In our 50’s. a flat

Oly4 · 07/09/2020 19:28

25%, age 42

Paranoidmarvin · 07/09/2020 19:29

We are both in early 40’s. Our mortgage is 20% of our income.

We are due to get a lump sum of inheritance money in the next few weeks and hope to pay off nearly half the mortgage. So that would take us to nearly 10%.

Once my son is no longer living at home ( he is 16 ) we plan to use all the money we don’t spend on him on over paying the mortgage

Undervaluedandsad · 07/09/2020 19:29

18% in our 40s

NameChange564738 · 07/09/2020 19:30

16% our first home

MrsR87 · 07/09/2020 19:30

I’m 32 and the payments are around 15% of our monthly income although we overpay so it’s more like 22%.

nowaitaminute · 07/09/2020 19:31

0% we're mid 30's and we have never had a mortgage, we were very lucky to work abroad tax free for several years and buy outright when we returned home. A lot of my cousins and friends have done similar.

NameChange564738 · 07/09/2020 19:31

Oopsy, late 20’s/early 30’s and 1 DC

Lardlizard · 07/09/2020 19:33

I agree 25percent if you only take home 2k is a lot harder then 25percent of 7k per month

Also depends on your housing options locally
Like here we could live less than three miles to somewhere that not as naice as here but still nice
To the same size house etc and have no morgage and 50-100k spare
So I suppose that’s always an option
If the wolf is at the door
And is also vary variable on location
And circumstance

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