Is this mortgage affordable

[scoopmuckanddizzyrollytoo]

I'm such a worrier but do you think this is reasonable, we have joint earnings of about £60,000, we are looking at a mortgage of around 200,000? We have old tattie cars, we don't care much about what we drive. We love holidays but happy with local, camping etc... I like to buy stuff but happy with primary, h and m etc... are we crazy!!!

What will your monthly repayments be?

What are each of your take-home pay each month?

What other large bills do either of you have(eg childcare, child maintenance payments, credit card repayments, etc)?

yes its fine

It depends on your childcare bill, debts and travel costs amongst other things.

Depends on your financial situation- outgoings and if you have loans and credit.

Don't see why not but it depends on your term and whether you have any other commitments like childcare, loans, credit cards etc. We borrowed £180k on £50k over 34 years with just a loan between us at £130 a month.

Depends on you ur age, outgoings, monthly payments etc

It's fine, even with several DC....you seem to be saying you Re happy with old cars, but realistically they may need replacing with a reliable one...are you taking £200000 mortgages after deposit or the cost of the hour?

It depends. Noone can say yes without knowing your circumstances. Are you taking it over 10 years or 35 years for instance? What % of the cost of the house is that as the LTV will affect the rate. Ehst other costs do you have, or are likely to have in the future?

We have a deposit so that would be mortgage, we are oldish lol, we are 42 so be taking over 25years but hopefully overpay in a few years when I can increase earnings, childcare now only 100 a month, we have no debt and we put away money every month for when we need new cars.

Yes it's fine, we manage on less income. But we couldn't get a 25 yr mortgage because of pension age so interested that you have.

Its only in principle so maybe they will change their minds!! I suppose that would just be like overpaying a few years earlier than planned.

we are older and have a 30 year mortgage, you just say you will retire age 80 lol

I work for the nhs, im never getting to retire

I think you'll need to sit down and work out your outgoings or perhaps go over them with a mortgage advisor. Remember to factor in that the interest rates are currently extremely low and make sure you can still afford the repayments when they increase.