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!

We pay $650 every two weeks (payment includes mortgage, council tax and insurance)

DH gets pain bi weekly which is pretty standard in the US. It also means we overpay the mortgage each year by a month.

£345 a month interest only with £108K left, pay at least £500 a month extra a month, sometimes more . House worth £330K.

Completing on a house in a few weeks, my mortgage will be just under 300 - bear in mind wages and house prices are so much lower in my part of the country. When I watched that "honey I bought the house" show I couldn't believe House prices on the mainland uk!!

We pay around £3500 pm but we are overpaying a lot more ..

£320 we have around £90000 left to pay when mortgage finishes in 2020

Ours is £1060 monthly.

About £1K. Was £1.5K when we started. Now we are putting in every spare penny to try and pay off..like pp poster said above, it takes a while to make a difference. Now the calcs say we could pay off 9 years early so we are going for it and using every spare pound

£270.

£1,800. About a quarter of income after tax. Wish it was lower......

In the process of buying a house- currently at the solicitors stage. But our mortgage is going to be £675 a month. It works out at 25% of our take home. I think we're in a really lucky position and it's a combination of a cheap area and both of us currently having good jobs. I'm looking at retraining soon so we'll soon (hopefully in a way!) be down to one income, something which is only possible for us by having such low mortgage repayments.

It's a bit depressing actually

I pay more than I need to, so my mortgage is £60 a month. Yep, sixty pounds. Partly because my husband built the house himself and also because he got an agricultural mortgage and already owned the land.

£936

£1750 but then hefty council tax of £200 pcm on top of that. Together those are touching 30% of our combined monthly income. Add in commuting costs, bills and insurance, there isn't loads left at the end of the month though we do do nice holidays.

£0.00 we paid it off a year ago. It was overpaid at £1500 before we cleared it.

£1400 which is almost 30% of our take home pay.

We've only just moved, it's scarily huge compared to our old one and a big risk but we have plenty of equity and agreed before we bought that e en though it's our forever house, if it feels like its becoming too much then we have scope to sell it and downsize.

£950 a month. We borrowed £190k. House is now valued at £750k.

£1040 about 25% of our monthly income since I went PT after DC. We overpay about £20 a month currently (can't afford any more due to childcare costs), but will aim to increase that once DC2 at school.

I wholeheartedly agree with a pp about overpaying whatever you can. Every £1 we overpay saves us £1 in interest payments to the bank. I quite like knowing that that's £X they won't get extra from us over the term of the mortgage!

About £1800

£1250 pcm. £200k to go. About 35% of monthly income. I'm feeling a bit highly leveraged compared to most others.

£490

Our house is mortgage free. We paid of mortgage when we both had good jobs& before we had kids. Also we were lucky with timings of buying& selling. Our house value is £725K

Nobody other then mn knows we are mortgage free

Mine is currently £450 on a £225k mortgage interest only, as I'm on a low income and can't afford repayment. I have a lot of equity in the house so should be able to pay off the mortgage when I sell and buy somewhere smaller.

About £380. I see a lot of envy about low mortgage payments but most Mumsnetters wouldn't be envious of the house that it buys, ie a small 2 bed ex LA semi.

If we lived in the naice period detached that seems to be the expectation on here it would be considerably more, obviously.

O now but I remembed paying about £700+ for £54k in about 92.