What proportion of your monthly take home salary is your mortgage?

[beanyl]

FTB, trying to work out whats sensible with the upcoming cost of living crisis.

About a third of my monthly wage covers half of the mortgage and half of all bills.

17%

It’s about 1/7th

10%

Just me: about 25%
Jointly: about 10%

We are at the tail end of paying it off, 4y 6m to go, never extended it or added to it.

Just under 1/4

18% of joint income

On my own around 60% but jointly apparently 18% (had to use a percentage calculator on Google!).

Just under 3%( but I have an interest only mortgage)

20% jointly

18%

The bank actually offered us double what we've borrowed but we think that would be utter insanity because when the interest rates go up to 5, 6 or 7% we couldn't afford that mortgage.

Dh and I have both lived through the interest rate rise of the 90s and early 00s when mortgages went from 3.5% to 9.5%

I'd be very cautious OP and fix for as long as you possibly can.

About 22% for me or with my partner 12%

Two thirds of my take home goes to mortgage, bills and final year of dc uni costs.

I’m a single mum, it’s 26% of my take home pay. I wish I had a partner to share the bills with as it’s a struggle.

20% as we've just bought our long term home.

We're going to keep at 20% even when our income increases to our off our mortgage sooner.

We earn 6.5k between us after tax plus 20k annual bonus.

Generally the more you earn the higher the percentage you can afford as you have more income for other bills and living costs.

Mine has varied from 55% (yikes) to 0%.

8%, but we are overpaying it now to get it paid off so paying more like 17%.

20%. I am single.

I find this quite manageable.

Just me - 22%
Me + DH - 13%

10%

30% is used for the point at which housing costs b

10% of our household income.

risk adverse here!

Become unaffo

FFS. Unaffordable.

Just me, with one teen. 23%.