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

[Lardlizard]

Our is 11percent

@Hedgehog44 net wages

@Hedgehog44 oh I see that you said 31%. Are you London/SE?

14%

On salary alone it's exactly 25%. If I include tax credits and cb and csa it's less than 20% maybe 18

Around 20%.

Usually a third to my rent but this month they messed by UC up so it is half.

12.5%

16% and overpaying

0% as paid it off last year. Previously 2% and we were overpaying. 56yo in London. Bought 26 years ago.

17%. We put down 55% deposit

35% which includes property tax (we live abroad) of DH’s monthly net income which is regular. I’m a freelancer, some months I earn nothing and I earn up to 1/2 of what he does so my wages go towards the property tax - so if you don’t count that then it’s 28%. LTV is 30% though so we feel ok and DH is a high wage earner so we can afford jr

30% I’m in my 40s and dh in his 50s. Still running a family home with 3 kids.

11%

Interesting. 15% of my net income, overpaying very slightly as have other financial commitments. Every little helps though. Mid-forties, south-east. On the bright side I own more than three quarters of the place now, but a lot of that is local price rises rather than anything clever I did...

Well, this has made me feel horribly anxious! I'm in the process of applying for my first mortgage, which will be 34% of my income...no children, but only me paying and I have commute costs on top of 8-9%. The plus side is this is only 4% more fixed costs than I currently have renting...but yikes I'm nervous now!!

14% 15.5% if I include the management fee

35%. It's just me but I earn well.

Feels OK. I go on holiday / have luxuries but am trying to balance lifestyle vs. overpaying the mortgage..

I would also like to move to a more expensive area in central London... .

5.7% currently of net.
But we are in a tiny house in a crap area.
Hoping to move soon and likely will increase significantly.

0%
BUT that's down to buying properties needing total renovations and slowly climbing up the ladder that way.
Been fortunate as DH's a very skilled master builder.

0% all paid off 🙌

My mortgage is 50% of my salary, I imagine I will have to stick with the same lender when I remortgage as I won’t pass the affordability tests. Since getting the mortgage when I worked full time I now work 30 hours a week term time only which has greatly reduced my income but I am so much happier. I’m a lone parent to one and my ex husband pays no maintenance (and I imagine thinks I am still on my previous income ). It is tough to afford extras like holidays but I saved for a rainy day when I was earning more and pre child so I use those savings. I couldn’t do it otherwise.

@flipperdoda - don’t be nervous . I have always paid a mortgage on my own income since my late 20s, even during my brief marriage I have always managed on my own income. It’s the best thing I have ever done as I don’t worry about how I will house their as a retired single pensioner.

11% age 32

0% paid off (inheritance) rather have my Dad back though