To ask how much your mortgage is?

[idontlikemybutteflycushions]

I think I need a reality check. These rates will add £500 on to our mortgage. I’ve had a number in my head that I never wanted to pay more than mortgage wise and now ours teeters on the verge of that. Affordability for the mortgage says we’ve got still a lot more wiggle room but those numbers feel crazy

so if you’re in your 20s/30s how much is your monthly mortgage and if you don’t mind your household income?

Joint income is £75k, mortgage is £1k a month up from £850.

Income after tax is £3k pcm (was more but pt now due to health issues). Mortgage went up last year to £1,800. After bills etc., it’s tough (sole parent). 23 years left on £345k mortgage. Dreading when this fix ends!

We did a 5 year fixed march 22 at 2.04%. We pay £890 a month on 205k

Our joint income is around £4,300 per month and our mortgage is a whopping £1,600 for a small terraced 3 bed. We only bought this year so rate is 4.6%! Horrendous but just about doable and only £100 more than our rent was

Im 35 & partner is 39, we have a joint income of around £4500 a month but this varies with my partners overtime, call outs and bonuses each month.
We had been over paying until we had to remortgage earlier this year and now pay around £800 a month. We only have 70k left to pay on our mortgage and I think its like 10yrs left.
Luckily we've managed to juggle our work about as I have a term time contract and he is condensing his hours at work so we won't have childcare to pay for our 3 kids aged 19m, 4 & 6 as that was going to be the final nail in the coffin for any social life

£795. Single parent of two. I earn around £75k plus £600 maintenance pcm.

Mortgage $2000, with taxes, $3000. Gross monthly before tax, $21k, after tax and pension contributions/childcare contributions, $12k.

Joint monthly income approx £5200 after tax. Mortgage currently 475. Going up to 565 in a few months.

We're risk averse by nature and borrowed quite a lot less than we could have at the time. Really glad now! Also our joint income has gone up by around 1k since we bought the house due to moving jobs/increasing hours.

House value £425k but bought for £300k. Mortgage has 185k left and we pay £1,088 per month, 17 years left. We luckily fixed in October but with a rate agreed in May 2022 so went from 1.99 to 2.1. I’m ignoring 4 years time and how much it’ll be.

Mortgage is £1000 a month now (was £900 until this year) £230k ish left over 25 years. North England.

Fixed now til end 2025. Our income pre covid was £60k, it still isn't back to anywhere near this so it feels v tight.

We are lucky to have around £300k equity in the house though so if things aren't looking up by 2025 we'll be selling up.

Forgot income - £5500 take home.

£1100
Has been the same for the last 20 years! It never changes! And will be till it finishes, because we agreed a fixed rate for 10 years, for the life of the mortgage, which we agreed quite a few years ago and are now very glad we did!

£895. We fixed in March from £795. Fixed for 2 years so hoping things will have stabilised by then.

We make roughly the same a month, and that excludes bonuses.

We are lucky to be able to pay aggressively on our mortgage. We had a 5 year fix at 1.79% paying £1750 a month. After the 5 years we paid a chunk off from our savings/ bonuses. We now have a 2 year fix at 2.39% (happy about that) which is £170 a month. We only fixed for 2 years because by the end of the fix term we should be in a fortunate enough position to pay off the rest and be finally ……. Mortgage free!!!!! That will not happen until the summer of next year.

We are late 30s in London.

Joint income £6K, mortgage has just gone opt from £880 to £1265 😒

Joint net is around £6000. Mortgage payments are £2400 a month. Fixed rate though and won’t be going up as we will have it paid by the time the fix ends.

Single income, 2.9k, 179k mortgage, 721 per month, 29 yrs left, fixed until 2027

Take home income £6,100, mortgage is £1,810 a month. Went up from £1,080.

Gosh everyone has v good salaries!
DH and I are both professionals with required Higher degrees to.practice professionally. Since I've gone part time, monthly household income is £3.5k. Mortgage £600 at the moment.

Combined income of £105k , 3 bedroom semi detached and it's £913 a month

Joint income around 60k a year, mortgage £1,000 pcm. It was £800 until last summer when our deal was up, dress to think what it would be now.

Income I don’t know as I’m waiting for a payrise to come through but previously approx £6.5k, mortgage £1650 (fixed until Oct 2027, we only bought last year!)

Our income is around £8300 and mortgage is now £2395. It was £1960 but that fixed rate expired this month. Our new one runs until 2028.

Household income before tax is roughly £50,000. Mortgage is £450/month. We are fixed for another few year thankfully but a bit concerned about what the payments will be in the future. We bought the house knowing we could pay the mortgage if something bad happened though. it was a safe choice. I'm risk averse!

Obviously that £50,000 is yearly!