What % of your income is your mortgage?

[DeerMyDear]

I realised I have no idea what other people do. For transparency, ours is 10% (household income £5000, mortgage £500. But think we might move house and up the % but then that feels scary. But maybe I’m being a wuss.

Just interested in what others do x

Roughly 25%, as it fluctuates with shift pay. I wouldn't want to go any higher than that.

That's 17% net.

0% on home and our two rentals.
As soon as we were near to paying off our first home, we got our first rental, overpaid that, moved up the ladder, bought second rental. Then when the dc moved out we downsized and paid off the final mortgage.

22%

About 35% of household income. Not great.

Net is 1.3%

20% if I include my working tax credits and child benefit (single parent). If I take that away it's about 28%. If I include the child maintenance from my ex husband it's about 14%.

12% three months to go. Can't wait.

@NeverForgetYourDreams

Net is 1.3%

Whoops meant 16% net. Gross11%

Around 22%. I try to overpay each month too, bringing to to around 27%

About 15%.
It means we live in a MUCH smaller house than I want and it’s not my dream home, but if one of us couldn’t work we would still be able to afford the mortgage.

21% of our net

Less than 10%, but a small income and a small mortgage.

20%.

Was about 40% in 2008 with the rate being 7%.

27% of net. Was 18% but borrowed more for a loft extension to go to 4 bedrooms to have the house we want.

We are lucky though as our mortgage is around 30% of the value though so also have some wiggle room there.

I think that is also a factor - percentage income/length of mortgage and percentage of the value of the house

80%

Currently - 10% but we’re selling it.
One we’re buying is 20% (atm, with me on part time, it’ll be less when I return full time).

Sorry. I did a recalculation it's 70% of my net income and 47% of our net household income.

30%. South East and ridiculous prices.

We've just upped our payments as it was barely coming down. Now it's about 40% of net income, 25% of gross.

Are you talking pre or post tax?

@Mouldyfeet

40% of a single income. I’m always skint.

Same!!!!

20% but single parent

It's going to be 17% but it's our forever home and we have very secure jobs. It's likely to go down significantly over the next few years as we both climb the pay bands we are on.

Ours current house it's only 10% but the house is to small.

Zero