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?

Out of date but my mortgage 5yrs ago was £780 pm and I earned £1200 a month as a single parent with two older teen DC. I ended up selling as I would have been repossessed otherwise after I was made redundant.

Anyone with childcare, come April 24 15 funded hrs for working parents comes in, so hopefully takes some burden off. Think it will save me about £150-£200 month x

We are slightly older - 44 and 40. Joint net monthly 10500. Mortgage 2731 670k left at 56% LTV. Fixed at 1.29% until April 2027. Currently have childcare costs of 1128 a month but they will go in sept 2025 so then we will overpay to knock it down as much as possible.

Annual net bonuses usually around 8k though this year DH is getting a bigger one as a one off.

But we are much closer to retirement than most of you guys so sometimes I do wish we hadn’t upsized.

You’ve got a banging rate though! You’ll most likely have dodged this bullet x

We’re probably fairly comparable - net income is about £5k, mortgage is £1200. It’s fine. Childcare bill is a bit less than yours though.

Mid 20’s with a take home pay of £2700 a month. Single income and brought all by myself. Currently is £444 fixed for 5 years.

Mid 30s. Joint take home c.15.5k, mortgage 3k, remortgaged last august but only for 2 years and wishing we had locked for 5 years now.

North East here. Combined monthly income of around £3000 per month but my partners gets quite regular bonuses which I haven’t included. I’m 30, work the equivalent of 4 days per week (over 5) as we have 2 small children and our mortgage is £520 per month, we have in the region of £130k left on it.
We’re not due to remortgage until early 2025 so hoping ours won’t rise too much, although expecting about a £150 per month increase.
Thankfully don’t have to pay nursery fees for our youngest so we can afford the increase.
When we took out our mortgage the advisor gave examples of what it would be if the rates rose, think the highest she showed was 10%. We laughed thinking how ridiculous that was. How naive of us eh? 🙄

Income 44k
Mortgage £695

Just locked in for 5 years at 3.89%

Income currently just over 5k, mortgage £741- nursery is £1600!

£750. Income of £4k. We have 12 years left - 9 years left at 2.19% and then we'll pay off the rest.

Ours is going from £600 to £1600 a month. Household income around £80-90k but it’s going to be tight!!

Joint income of 11.5k per month plus a variable but usually very good bonus each year. Mortgage is 2.5k per month but fixed at 1.49% to 2027 thankfully! Focusing on overpaying as much as possible before then, currently saving for overpayment of £650 per month on one part and 20k per year on the other. Even then it feels scary, so don’t know how other people are managing the stress to be honest.

5.7% interest rate fixed for the next ten years (Halifax)

£550 a month and £77k left

We bought 12 years ago though when things were far easier, and live in East Manchester. We wouldn't have a cat in hells chance if we were first time buyers now.

Mortgage £300 per month on two bed flat with big garden. Joint income about 3 500. 3 years to go but we are already in our 60s!

SW London/Surrey. Worked abroad for a number of years so we could afford a house of our own and managed to buy ours outright on our return but it needed an awful lot of work ( still not finished ) plus we had a full-time nanny and then private school fees.

Property was a lot cheaper 20 years ago and we couldn't possibly afford our place now.

Some of these answers are making me feel sick!

Why oh why do I live in one of the most expensive parts of the country? We live in a bog standard 3 bed semi-detached house.

At the moment it's £2541 per month but our fixed rate ends in September and it will go up to £3170. Joint income around £8,500.

£2.5k per month income after tax

But after the mortgage, bills, food shop, insurances etc there's very little left,

Joint income 7-8k per month, mortgage 899 a month but we've overpaid max amount for past 2 years as lump sums to bring monthly repayment down. We re mortgaged last month and although interest went up the repayments have gone down

We're in our thirties. Our mortgage is £330 a month for a two-bed terrace with a garden, garage and small rear driveway. We're in the NW and have a joint income of about 75k.

Joint income about 4700, mortgage 400 BUT this is because I have a tiny mortgage on a tiny house. We need to move for more space for kids. I'm thinking we could manage anything up to about 1500 a month payment.

Our joint income varies a lot as I work different amounts each month. I'd say on average it's about £3000 a month take home and our mortgage is just under £600 a month.

joint income of 10k, mortgage £851

Fixed for 5 years back in January at 1.7%

thank goodness!!!

Joint income of around £53k pa. We pay £1340 per month. Got the house 2 years ago and recently fixed for 10 years. Used to pay £200 less before

Joint net income of 10,000. Mortgage 1600, ends in 4 years - could pay it off, but like the flexibility of the surplus cash.