2 years into our mortgage and im fed up! Does it end?
Asia98 · 16/05/2021 15:50
I feel lucky that I have managed to purchase my dream house. However, 2 years in of paying, I am dreading another 13 years of this! I miss our previous luxuries. Does it end? does it get better??
Am I being unreasonable?AIBU
You have one vote. All votes are anonymous.
Asia98 · 16/05/2021 15:57
I am an expat living abroad. So rent with the currency here was 1500. But now I am paying 4200. Because interest levels are sky high here banks don't give above 20 years with 15 being most common.
We used to be able to do loads, go out for meals, order in have a cleaner come in etc and right now I have had to cut out on loads. Right now I want to do a pergola in garden yet its going to take a few months to raise the money! Before the mortgage we wouldnt have to think twice to get something done. We pay the mortgage, bills, petrol, food and thats about it. Once every 2 months we are able to buy something extra
BendingSpoons · 16/05/2021 16:01
Did you have to take a 15yr mortgage due to age? Otherwise you could extend the term. How much more is it than rent? Having a dream home should hopefully be something compensation for loss of luxuries. If it really isn't, maybe you need to downsize at some point.
Asia98 · 16/05/2021 16:02
In the country we live in we dont have mortgages above 20 years and even then the bank rarely gives 20 years as the country isnt stable financially and foreign rates are just getting higher and higher.
To comment on this thread you need to create a Mumsnet account.