Roughly what percentage of your income goes on your mortgage?

[AffIt]

We're looking at buying and just curious what % of your combined monthly income after tax (assuming you're a joint-income household) you use to furnish your mortgage?

I'm assuming about 30%, does that sound right?

I'm interested in working out mine but my maths is rubbish and I'm struggling how to work it out percentage wise 🤦‍♀️

Mine is 28% so close to the 30% you mentioned. (London if that makes a difference)

https://www.calculator.net/percent-calculator.html

21%. Single parent so one income.

10% and its 8 years to go. I’m 34years old

our has crept up over the last year and now at 25% ish (depending on overtime ect .

we are finding this harder to manage

@KissesTasteLikeWhiskey thanks for that. It helped me work out mine which is 15%.
Will be paid off when we're early 50's if we don't move.

Ours is 12% but we overpay which takes it up to 15%. We're very lucky to have five years left on our ten year fix so the rate is pretty low.

Just over 10% currently, it will go up as we'll be moving to a bigger house once house prices stabilise (3 years or so?). On our current wage it'll go up to 20% (current house prices for the house we'd like). I wouldn't want to go over this % on our income.

It’s about 23% at the moment and going up to 27% when we renew fixed rate. But we have high childcare and other outgoings too which makes it feel very tight.

Single income, currently 30% but will be under 23% from next month

Thanks to everybody! We're currently mortgage-free (bought in our 20s in early 2000s, <£100k), but deliberately threw money into the mortgage and paid it off a few years ago.

No kids, so no childcare or school fees or anything.

We're now looking at buying a bigger place, but can now, in our 40s, afford to be a bit more measured in terms of %.

Your input is greatly appreciated!

3% but ours is interest only and we were fortunate to fix at 0.99% for five years before interest rates rose.

Actual payments are around 13.5% of our PAYE income at 1.56% with 2.5 years of our fix remaining, and 12.5 years of the full term remaining, we overpay at the beginning of each year so it's closer to 15% when you take those overpayments into account, but have savings forecasted to clear the balance at the end of the fix.

When we first bought though, we were at 21% of our PAYE at our utter maximum we could borrow over 35 years, and had 20% help to buy loan alongside this.

100% of mine. I was paid yesterday and by 9am I was skint again. Happy days!