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

163 replies

beanyl · 25/09/2022 17:39

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

OP posts:
USaYwHatNow · 14/11/2022 10:43

Just me 40% but jointly 18%

upfucked · 14/11/2022 10:44

beanyl · 26/09/2022 21:33

Thanks everyone. We each take home about 2.5-3k/month and will possibly have a mortgage of 1400.

You need to consider your future life. Willing you be needing to pay nursery fees in the future? This can be more than mortgage cost.

AmIAnOldBag · 14/11/2022 10:50

16%

Toastnbutter · 14/11/2022 17:15

42% of income
it’s a struggle

Rosiestraws · 14/11/2022 17:16

46%

AuntieSoap · 14/11/2022 17:40

I'm on my own and it's 25%

Squirrelvillage · 14/11/2022 17:42

13% of household income.

Gh12345 · 14/11/2022 22:16

20% joint income

MrFirstTimeBuyer · 15/11/2022 01:08

About 40%, but leaves me with plenty each month in absolute terms and does not include bonuses. Plus my wife is not on the mortgage so 0% out of her pay.

croon979 · 15/11/2022 08:04

18% of my pay. 15% joint income. Does not include bonuses.

Keepitrealnomists · 15/11/2022 08:52

25% joint income

RandomPerson42 · 15/11/2022 20:33

When I was a FTB in 1990 it was 110% of my wages, good job OH worked too.

Stripedbag101 · 15/11/2022 20:59

RandomPerson42 · 15/11/2022 20:33

When I was a FTB in 1990 it was 110% of my wages, good job OH worked too.

This is such a silly statement. I assume your OH and you both contributed to the mortgage??

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