4 Questions: What’s your household income? What’s your monthly mortgage cost? How many kids do you have? How financially comfortable are you?

[OrangeCarrot]

1. What’s your household income?
2. What’s your monthly mortgage payment?
3. How many children do you have?
4. How financially comfortable are you?

I’m in need of some perspective. I’m planning for marriage/kids/house purchase over the next 2 years. I’ve been planning for this time for 10 years now and my partner and I have lived frugally through our 20s to get to this point.

I want to make sensible life choices so was hoping to learn from others that are perhaps a little older and more experienced. I was hoping these questions may give me an insight into how big a mortgage we should get and still have a good quality of life.

I am 32 and I find that other than people from ethnic minority backgrounds it is higher earning people who are having kids now. This would create a skew on mumsnet esp for newer entrants.

I am 32 and I find that other than people from ethnic minority backgrounds it is higher earning people who are having kids now. This would create a skew on mumsnet esp for newer entrants.

Yes probably fair, I'm likely a minority in that we earn well but had kids young for today's standards.

Circa 90k, mortgage payments currently £1100 (we overpay by 300) 0 kids, yes financially ok - we save, have holidays, eat well.
On the other hand we Can't afford to upsize because of new interest rates and are running an old car into the ground so we're not flash. Worth noting we live in an expensive city.

Joint income £95k ish

Mortgage £236pm (ends in 2 years)

2 kids, but they have left home and are self sufficient

Yes, we are very comfortable. But as others have alluded to, it hasn't always been this way!! We are early 50's.