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What % of your income is your mortgage?

76 replies

User135792468 · 09/04/2021 22:00

I have seen similar threads but they all tend to either mention a specific amount for the mortgage (which doesn’t take into account income) or a % (which is hard to understand or compare if you don’t know the age of the person posting).

Therefore, can I ask what % of your income was your mortgage when you were either mid 30’s or when you had young (pre school/ primary) children?

We fall into both categories and currently pay 14% but will soon move and go up to 30%. It feels like a big jump so am a bit nervous, even though we have done the maths many many times and know it will be fine.

OP posts:
IceCreamAndCandyfloss · 11/04/2021 17:21

About 10%, didn’t max out the mortgage in case something changed in the future and wanted to ensure it was manageable on one salary should it be needed.

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