2 years into our mortgage and im fed up! Does it end?

[Asia98]

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??

You’ve effectively done it the opposite way to the majority of people in the U.K. - you’re scrimping and going without now, whereas here that’s what many, many people do for 10 - 15 years (at least!) in order to save for a deposit.

Can you sell up and move op?

If you don't like your mortgage, pay it off!

@Coldwine75

Can you sell up and move op?

We could but renting here is terrible. Yes prices are low but you are forever being forced out of your house. We can consider buying cheaper though

I get it OP. I have about 14 years left on my mortgage and while I feel lucky compared to some of my friends who have 30 years left (and equally jealous of those who are mortgage free!), it does feel like a slog sometimes and I am very much the type of person who enjoys spending on little luxuries and having to cut back on them is quite depressing. I was lucky that I got a good pay rise recently which has meant I am able to spend more on these luxuries again, but I still can't be as frivolous as we once were.

I haven't read all of your posts but is it possible to find somewhere cheaper so the mortgage payments are less? Is there a chance you might get a promotion or a better paying job?

If not then at least look on the bright side - in 13 years (which actually isn't that long in the grand scheme of things) you'll be a homeowner.

@BarbaraofSeville

Why did you buy so far away from your work, judging by the high petrol cost?

What is the interest rate? It's virtually nothing in most of the world.

I work 10 minutes away from our house and DH is around 20 minutes. Petrol is ridiculously expensive here which is weird as the land is known for its petrol!

@Daphnise

If you don't like your mortgage, pay it off!

Bloody hell! I've never bloody thought of that! What bloody great advice. Now... where to find 170k 🙄

You should’ve taken on a mortgage you could afford if you can’t afford anything nice anymore. It’ll end in 13 years.

Thank you. Yes some posters are mentioning that I have no grip of reality. The reality where I live is very different to that of the UK.

Why post on a UK dominated site in AIBU no less?

There’s an ex pat area who would understand your position much better

My (UK) mortgage on a three bedroom ex-council house with three gardens, views, garage, bought for £120,000 five years ago is £110 a month. A house across the road that’s a bit smaller than ours in being rented for £650pm.
You and your husband made a shit choice to get such a big mortgage in the Middle East, I’m sure you’ll figure something out. 🤷‍♀️

Qatar!

Op you didn’t answer if girl or boy child

Trust me - this will impact the desirability of staying out as they grow

Right now I want to do a pergola in garden yet its going to take a few months to raise the money!

Oh dear, how will you manage OP? You have to pay the agreed amount for your mortgage (presuming you signed the documents) and now you have to WAIT for a pergola??

How can it possibly be a 'dream house' if you can't afford it?

@Egghead81 OP said male

I don't get being fine with raise male children in a super misogynistic country either but...

[quote olderthanyouthink]@Egghead81 OP said male

I don't get being fine with raise male children in a super misogynistic country either but... [/quote]
Ah

If female, I’d be out like a whippet

[quote olderthanyouthink]@Egghead81 OP said male

I don't get being fine with raise male children in a super misogynistic country either but... [/quote]
Far from ideal

But trust me - less urgency about getting out

@Egghead81

*Thank you. Yes some posters are mentioning that I have no grip of reality. The reality where I live is very different to that of the UK.*

Why post on a UK dominated site in AIBU no less?

There’s an ex pat area who would understand your position much better

Because the sites here are in another language and I just needed a place to talk to. Thank you for mentioning the expat area! I actually didnt know. Ill have a look there

A 15 year mortgage, blimey, do you know how fortunate you are?

YABU

I'm going to ask MN if they can organise a fundraiser. Pergolas for ex-Pats.
Ooh...sign me up. I don't actually have a garden but I'll put it up in the lounge.

OP were the places you were renting a lot smaller than your dream house? I have to say 15 years to get the house of your dreams doesn't seem too bad but maybe you could downsize if you feel you are too stretched?

I would change it to 25 years then you’ll have more for yourself each month. I wouldn’t bother sacrificing everything for 15 years, it’s like feast or famine.

Yes it will end just keep up your mortgage payments and it will after 13 years. Alternatively you could buy for cash which means making the savings and lifestyle changes before the purchase.

[quote olderthanyouthink]@Egghead81 OP said male

I don't get being fine with raise male children in a super misogynistic country either but... [/quote]
Its better raising a male as DH and I are completely into equality and DS would be raised seeing this. With a daughter its worse because society wont leave her alone. She will get effected by this. With boys its easier, they can play out late, wear what they want talk how they want. However if a girl does all of this she will be subjected to horrible comments by the boys and men and tut tuts by the women!

You realise you have a first world problem, don't you?

@bunglebee

I can't imagine the hardship of waiting a couple of months before you can afford a pergola

Seriously, catch yourself on.

This. You're one of the lucky ones, OP.

I can’t believe some of nasty comments on this thread! Get over yourselves!! And 3k a month is cheap childcare?! Bollocks.

That sounds tough OP. Is there no way your DH could pick up another job? Hopefully things will get better for you soon.

* We practially have nothing to cut out. Our bills are electricity (which is so expensive here) gas, water and our contract for mobile phone. Then its food and water which I guess we do exaggerate a little (we try to stick to healthy eating which is so costly here). We have no gyms, no eating out nothing else. We also have 2 cars which we both need as we work in complete different areas. DS has his nanny but here the costs of a nanny and half day in nursery is about the same*
All the positive bits that actually make it worthwhile living in these countries - gone.

So you’re just left with the negatives. Of which, I am sure you’ll agree, are numerous.

Unfortunately OP you made a big mistake