When we finally separate, custody of our 2 DCs will be roughly a 4:3 split, me maybe having custody slightly more than this.
My understanding is that he will have to pay maintenance as they will be with me more? Also, I will be the one to buy their clothes etc and will prepare most of their meals so it makes sense that he pays me maintenance.
I have worked out my finances on splitting and my annual salary will be just shy of 30,000 when I return to work on more hours. Based on DHs earnings, he will need to pay £500-£600 in maintenance PM and I'll be entitled to tax credits. It seems I'll be ok financially provided I move into a smaller home than we have currently.
But will DH be entitled to anything? His salary is just shy of 48k, if he pays me £500+ per month, I'm wondering how he'll afford a mortgage of his own on a 3 bedroom house. Will DH be entitled to tax credits etc? Currently, his earnings cover all our outgoings, mortgage, bills, cars, fuel, groceries, kids necessities and my earnings (very low at present due to PT hours) cover anything extra like holidays, swimming lessons, christmas, birthdays.
I'm not sure if he'll have much money left over for himself. Am I right that I'll be better off than him overall?
Do other Dads find maintenace payments crippling?
Am I wrong to be worrying about him and not myself? Is it tight being a single mum despite working a reasonable salary?