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

23% net pay and we try to over pay where possible

14.5%

15% of Gross (can't work DH net out as he pays a large pension four weekly).

It is scary as we came late to home buying, once Dd through Uni will start upping payments.

About 20% but only one wage in my house

Including the overpayment that we make each month, about 15% of net pay.

Used to be 10% when I was in my previous role, it's now about 25% but should be clear in the next year or so.

9%

0%

About 20% after tax

16% and only a couple of years to go

25%

15%

25%

10%

25% but I chose to pay this amount to knock the years off it, fingers crossed

A third ;(

Single

Monthly take home £4,100, mortgage £800 so 20%

This doesn’t include insurance and property tax

16%

15%. We need to move really; or I want to buy increase in mortgage putting me off.

Approximately 8-10%. We're both self-employed though so it varies each month.

16%. We can afford a bit more but have other debts

About 7% of pre tax income.

Was 40%. Now income is lower due to health issues so is nearer to 70%. Its scary.

Thanks all, really helpful, feel more confident to up it slightly x

0%
House paid off 6 years ago.
Mortgage before that was less than 10% of income.