What is your mortgage payment?

[HaggisMcNeepyFace]

On the back of the thread about wages, where a couple of posters have said that what constitutes a good salary depends partly on how much your mortgage is, just wondering what mortgage people pay per month?

DP and I pay 1800 a month which I think must be quite a lot... it takes a big chunk of our salaries!

£1600. We’ve got £345k to go.

House £800k, SE

We've got about 5% of the value of the house left to pay, and just under 4 years left to pay it. There will come a point where it will be cheaper just to pay it off in one lump (even accounting for a mortgage redemption fee), but we're not quite there yet.

We pay £1500/mth combined mortgage and rent (shared ownership). It's about 35% of our salaries but will shortly be a much higher % when I am on maternity leave.

We had intended to overpay but have saved instead as we didn't have anything left in the pot after the deposit etc. It's only an ISA so a lower rate than the mortgage but we needed to make sure we had some ready cash.

SO isn't perfect but it's the only way we could afford to stay in the area near family, jobs etc. We have no intention of moving so will keep going and hopefully be in a better position in a few years.

Income 3700, mortgage 840.

£1300 a month, around 20% combined income.

£2750 on a mortgage of over £500k. Was 35% of our joint incomes until I was forced to reduce my working days last year (or be made redundant). Is now 39% of our reduced income and I am freaking out that we will not be offered another deal by Nationwide and will fail affordability tests elsewhere when our 2 year deal comes to an end in May

We live in SE in a borough with RIDICULOUS council tax

We took it on as thought could add value and sell on in 8-10 years, but won't be able to do the work unless I can find a full time job and earn to my potential.

We have two mortgages. Our own house and a house we rent out. Our mortgage is £590, worth £145k. Rental house is £380, worth £75k on a good day. Luckily the rent covers this.

We plan to throw money at the rental house once childcare costs go in September.

Sorry, we are in the NE. One mortgage is £109k and the other is £82kish.

£1500- which is more than my dh's take home pay! We still have £260K left on ours so we will be OAPs before it is paid off :)

£500 p.m on monthly income of about £3000.

cherry go see a mortgage broker - nationwide may turn you done idk but we’re levraged more than you are and had no issues getting a decent rate from other companies.

Ours is £0, it was £465 including unemployment payment protection before it was paid off. Mortgage was only for £85k, 3 bed detached house with garage worth around £130k, Scotland. We took it out in 2003 but paid in quite a few over payments.

zero here too

Sorry, posted too soon. Its been a while since we paid it off but I think it was around £240 a month. We only had a small one though.

£550pm, about 15% of our take home income. Soon to upgrade though and will be roughly doubling that which seems scary.

£1100 a month. About 25% of our joint income.

Mine is £1300, 65% of my take home pay. Looking at this thread, I can see now why I feel like I have less disposable income then most people - and why I'm so in debt.

Noidea I thought so too - amazed how much disposable cash a lot of other people on here seem to have. It must be living in London

ours is 28% of our net pay - joint. its a lot of money.

£1,500/month, about 20% of take home pay... most of the equity is in our offset account though so paying no interest on it.

£600 per month, about 20% of our combined salaries

Snap!

£340

Another 22 years to go....paid off when 55.
House worth 200K

Salaries roughly £2300 a month clear.

Nothing. We paid our mortgage off last year. It was kind of funny watching our mortgage guy at the bank tell us what a big mistake we were making.

922 in the South East. We have overpaid also though so bought down the term a few years.