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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Original poster

To think we CAN live on the mortgage

743 replies

JaneEyre40 · 28/05/2025 09:34

Advice please -

Couple - Earn £10,500 a month
Mortgage - 3,700 a month
Nursery - 1,000 a month

Considering all other possible outgoings, do you think we can afford this and not feel pressured each month. What am I not considering? We've done the spreadsheet but I'm still unsure.

We will have about £65,000 in savings at the beginning of this venture.

Thanks in advance. House of a lifetime.

OP posts:
Original poster
JaneEyre40 · 28/05/2025 18:31

Kittyloulou · 28/05/2025 17:58

Look at me everyone! I’m loaded. Follow me on insta 🙄🤦‍♀️

OMG will you?

OP posts:
Original poster
JaneEyre40 · 28/05/2025 18:34

BloominNora · 28/05/2025 15:52

@JaneEyre40 was asking for advice and re-assurance from people who have made similar decisions. She clearly stated she'd done her budget and I'm sure had got mortgage advice from an IFA or broker.

There is absolutely nothing wrong with seeking opinions and re-assurance for a big decision like this - especially on a large anonymous forum. It may not be appropriate for her to discuss it with anyone in real life or she may not want to for privacy reasons.

FGS - between the thread yesterday full of privileged knobs being an arse to the OP and this one full of jealous snobs it feels like MN has become some modern day version of Pride and Prejudice.

No wonder there is so much animosity among people these days if the reactions here are anything to go by!

Show quote history

Ooo what was the thread yesterday?

OP posts:
NewMoonToday · 28/05/2025 18:36

JaneEyre40 · 28/05/2025 18:34

Ooo what was the thread yesterday?

Show quote history

Hahahaha
As if you don't know.

It is half term, I know that.

MmeChoufleur · 28/05/2025 18:38

I guessed from your sarky responses! 😂 Tbh you never know on here if someone is taking the mick!

My favourite responses are from pp saying “Why is it unbelievable? It’s not a massive income” when it’s literally four times the average UK household income, and would put someone in the top 2%. Yes, you might not still be able to afford a private jet, but I don’t think you’d be getting into council tax arrears just yet.

CinnamonJellyBeans · 28/05/2025 18:41

You work in state school education and get healthcare with your job? That's useful.

I think I'd be very cautious about buying a house for this much money with an unmarried partner, as the one who is the lower earner could find themselves in a precarious housing position in the event of separation.

Original poster
JaneEyre40 · 28/05/2025 18:44

NewMoonToday · 28/05/2025 18:36

Hahahaha
As if you don't know.

It is half term, I know that.

Show quote history

I don't live on Mumsnet...although today...looks like I do 😂

OP posts:
AgnesX · 28/05/2025 18:44

BCBird · 28/05/2025 09:40

Can't believe people have these sort of incomes- another world!!

I can't believe people ask such ridiculous questions. Presumably bored on the train home 🙄

Original poster
JaneEyre40 · 28/05/2025 18:45

MmeChoufleur · 28/05/2025 18:38

I guessed from your sarky responses! 😂 Tbh you never know on here if someone is taking the mick!

My favourite responses are from pp saying “Why is it unbelievable? It’s not a massive income” when it’s literally four times the average UK household income, and would put someone in the top 2%. Yes, you might not still be able to afford a private jet, but I don’t think you’d be getting into council tax arrears just yet.

So? I live in London, it's absolutely not massive.

OP posts:
Original poster
JaneEyre40 · 28/05/2025 18:46

NewMoonToday · 28/05/2025 17:19

I'm just so surprised so many posters fell for it.

She started it earlier today when another 'trending' thread was about 'We just don't have enough money'.

Invented figures, tongue in cheek replies from her....

It was all a JOKE.

SOME posters 'got it'' because they suggested taking in ironing which is what the other poster was doing (to make ends meet.)

Edited
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She'll do me out of business!

OP posts:
Kelticgold · 28/05/2025 18:47

Has anyone suggested selling some stuff on vinted?

Original poster
JaneEyre40 · 28/05/2025 18:47

NewMoonToday · 28/05/2025 17:22

Quite.

But it has been trending for 2 days and has around almost 700 posts.

Edited
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What's the title? I'm bored, baby is asleep.

OP posts:
Original poster
JaneEyre40 · 28/05/2025 18:47

Kelticgold · 28/05/2025 18:47

Has anyone suggested selling some stuff on vinted?

I actually am! Do you need a buggy or a bassinet?

OP posts:
Beautifulweeds · 28/05/2025 18:48

Think you'll be OK 👍

NewMoonToday · 28/05/2025 18:49

JaneEyre40 · 28/05/2025 18:28

Baby is asleep, decided to catch up. Why do people think this is fake?

A - not an extortionate amount of money.
B - it's not that interesting.

Because it so obvious.

Try harder next time.

Original poster
JaneEyre40 · 28/05/2025 18:52

MidnightPatrol · 28/05/2025 17:47

I’d like to say I’m really shocked by the responses and vitriol towards OP, but I’m not as we see the same any time someone earning above average asks any financial questions.

  • People earning <£100k salaries through PAYE won’t have financial advisors
  • Earning these sums of money doesn’t make you a financial expert - asking on a forum like this is no different to anyone of any other income level doing it. She’s not Jeff Bezos.
  • £3,700 a month is the mortgage on a three bed terrace outside of the inner zones now. The kind of thing which might cost £300k anywhere else.
  • About 15% of all workers now earn >£50k, so the two salaries mentioned aren’t unusual - particularly in the South East
  • The cost of living in the South East and particularly London is very high. That it’s cheaper where you live doesn’t really matter in context of the OP’s question
  • It is very strange to be chippy and aggressive towards someone for earning more than you.

I know lots of people in the same predicament.

Thank you. You're right about the house prices, it's actually a pretty good price for the property, 4 bed, lovely area with parks etc, fast (ish) train to London and a garden which I've not had in 20 years (I appreciate others may never have a garden, I can imagine that's tough especially with multiple children).

OP posts:
Original poster
JaneEyre40 · 28/05/2025 18:53

NewMoonToday · 28/05/2025 18:49

Because it so obvious.

Try harder next time.

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I'm actually curious about someone who would spend this amount of time creating a fake thread...or people posting on what they perceive to be a fake thread 🤔

OP posts:
ThatOlivePanda · 28/05/2025 18:55

This reply has been deleted

Message deleted by MNHQ. Here's a link to our Talk Guidelines.

Original poster
JaneEyre40 · 28/05/2025 19:04

Pipsquiggle · 28/05/2025 15:37

@JaneEyre40 Just on the marriage front.

There is no way I would be making such a huge purchase without getting married or having absolutely watertight legal parameters in place should the relationship breakdown.

We do. And I absolutely agree.

OP posts:
Original poster
JaneEyre40 · 28/05/2025 19:05

NewMoonToday · 28/05/2025 18:49

Because it so obvious.

Try harder next time.

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Obviously how? Genuinely curious.

OP posts:
ThatOlivePanda · 28/05/2025 19:09

JaneEyre40 · 28/05/2025 19:05

Obviously how? Genuinely curious.

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The fact you misused a word as simple as 'extortionate' makes it harder to believe that you're a higher rate taxpayer. though it's not impossible. I personally believe you but think that you came here to wind people up. I'm sure that you deserve your salary and worked for it, though. What do you do?

Annielou67 · 28/05/2025 19:17

£3700 is a massive mortgage. It really depends on the house which sounds like it is a moderate house in an expensive area. If it were a country pile with endless work needed and a gardener and cleaner needed to keep it running - the answer is no, it is too much - a million on a larger semi in outer London, is affordable. I agree with the poster who said to get insurance against sickness etc.
That said, it is still a very large mortgage you will have for a long time. Can you not move a little further out and lose the worry?

Original poster
JaneEyre40 · 28/05/2025 19:30

ThatOlivePanda · 28/05/2025 19:09

The fact you misused a word as simple as 'extortionate' makes it harder to believe that you're a higher rate taxpayer. though it's not impossible. I personally believe you but think that you came here to wind people up. I'm sure that you deserve your salary and worked for it, though. What do you do?

Edited
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How did I misuse extortionate? I said it's not an extortionate amount of money, which I believe to be true. I'm a senior manager in education. My salary is not large where I live in London.

OP posts:
Original poster
JaneEyre40 · 28/05/2025 19:32

JaneEyre40 · 28/05/2025 19:30

How did I misuse extortionate? I said it's not an extortionate amount of money, which I believe to be true. I'm a senior manager in education. My salary is not large where I live in London.

Edited
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Also..I came here for anecdotes that would convince me that we can afford to live on this mortgage, simple.

OP posts:
PhaseFour · 28/05/2025 19:47

JaneEyre40 · 28/05/2025 12:34

It's my room, my thread.

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Is there MN award for the best ever retort?
Where do I vote?
Excellent, OP!

MrsSunshine2b · 28/05/2025 19:47

I incorrectly guessed that this post was going to be "AIBU to think we CAN live on the moon?" and frankly I'm very disappointed.