How much is your monthly mortgage payment?

[brokenthings]

I'm just very intrigued! Mine is £800 a month.

@ssd

I'd live to see the actual houses being paid for here, I'm intrigued the 4000 a month posters,how big must the house be!!

It is a 6 bed townhouse in a northern town- just a normal big Victorian semi Would sell for about £950,000 -maybe a bit more with planning and the current mortgage is about £348,000 but was about £550 when taken out

£258 some of these amounts are crazy high!

Obviously we overpay, at least £1000 a month.

Ok, I think it is probably worth a bit more. It is like this one but with a bigger garden but arguably not a good a rod.

www.rightmove.co.uk/properties/85460554#/

£550, but I pay £900

£560 but we overpay to £1000

£350

Around £650. I dont think I'll ever moan again about the price after seeing some on these payments on here 😲

£550, rent before buying was £1100

£300pm. My rent before was £425pm. East Midlands, 2 bed semi.

It's less than 25% of my income, should have said.

£690

[quote Dogonahottinroof]Ok, I think it is probably worth a bit more. It is like this one but with a bigger garden but arguably not a good a rod.

www.rightmove.co.uk/properties/85460554#/[/quote]
Thats a gorgeous house

2000, about 20% take home pay

£122 with 24 years left. Borrowed £25,000 after my ex walked out to cover the debts he left behind. House was paid off before that. Was meant to be overpaying but covid has left me scrabbling to cover essentials so it will have to wait till I get back on a even keel.

£510

£500

@Oly4

2000, about 20% take home pay

2k is 20%of your pay? 2k is my monthly salary and i thought it was ok!

£550 ish and will be paid off in the next few years mortgage free by 40 is the plan

£400 about to drop to £360ish. We've been here a long time and just paid off 10% of balance.

£900

£725

I'd live to see the actual houses being paid for here, I'm intrigued the 4000 a month posters,how big must the house be!!

The age of posters is probably relevant. Lots of younger people will have much bigger mortgages for a normal sized house. For example my parents house cost 60k now worth 1.8m, they only ever had a tiny mortgage.

£465, which is about 30% of my income.

If you choose to live in/near the capital, then you have to suck up the expensive house prices that come with it.

Why? I live in London because it's where I was born & raised. My parents are immigrants so I don't have any other ties to other parts of the country & feel most comfortable here. Plus in the 80s & 90s many parts of London were affordable.