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

[Lardlizard]

Our is 11percent

I've just separated so my rent is now 45%ish of my income.
Holidays etc.... I haven't got a hope for being able to do any of that over the next few years.

@jujubeany

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.

This pisses me off, ok house prices were lower 25 years ago, ut our salaries were proportionately lower too!

Salaries were lower 25 years ago, but not proportionally lower. Where I live now the average house costs about 14x the average salary. My parents bought their house in the 70s for 3x their income. We bought our first house in the early 2000s for 6x our income. It's getting harder and harder.

Ours is around 20% of net income (my income varies). We're mid forties, overpaying (I think it'd actually be about 17% otherwise) and should have it paid off in 5 years, just before oldest child goes to university (assuming that's what she does).

Depressingly, about 40% - private rent, early 40s. London. Yes, I know.

7%
Need to start overpaying really

0.5% We have only got a tiny amount left to pay off!

0%

Bought our house and holiday home with an inheritance.

14.52 didn't know until I just checked. Sounds less that it feels. We are 43 & 36.
Really lucky to be in jobs that haven't been touched by lockdown.

0 per cent. Lived cheaply in house shares for years and saved, as did DH. Bought outright ten years ago with combination of joint savings and an inheritance. Mid 40s and mid 50s.

9% in our 30s

I thought the definition of mortgage stress was if your repayments exceed 30% of your pre-tax income.

Here is an online calculator:
www.ratecity.com.au/home-loans/stress-calculator

14.5% in a private rental.

We know we got an amazing deal with our rent, new-build LA housing nearby is more expensive than what we are and we have a lot more space than they do.

18% but we do overpay most months and we also have nursery bills of £600 pcm for another year. Once that's gone we will overpay more.

We're late 30s/early 40s and in the NW. hope to have it paid off in 8 years max.

14%. Got 8 years to go, but think will be paid off in 5. Both late 40s.

Early 40s, 12.5%. North West "naice" area!

0%. We are both nearly 50.

15%, bought 3 years ago. We can afford to overpay a little extra each month to clear it quicker.

About 21%. I'm mid 40s and divorced - had to add to the mortgage to buy ex out and he pays very little in the way of CM. However, I'm in East Midlands on quite a good salary and feel dc and I live quite well - though I don't have much in the way of savings but we have holidays (or did, pre 2020) and days out and some treats. I've just come into a smallish but significant inheritance and will either overpay on mortgage or kick-start my savings - or a bit of both (thank you so much DAunty...)

6.5% 30s

It's about 18% gross so guessing about 23% net (separate bank accounts so not sure how much tax H pays)

15% of my net income - doesn’t include OHs so probably about 6% of our combined?

12% but that’s only because my high earning DP has moved in. It’s actually my house that I scrimped and saved to buy an ex out of several years ago- for a while I was paying 32% of my single salary on the mortgage (I had to wait for a payrise before the bank would approve it!).

If DP moved out again I would be back to 30% as a solo homeowner and that would be tough after enjoying the dual income lifestyle!

Around 33% if include all income (eg tax credits, child maintenance) otherwise would be more like 50%.

0%