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Can I ask.....what percentage of your income.....

27 replies

becaroo · 16/03/2010 16:56

spent on your mortgage?

Dh and I want to move, have got good equity so if we sell we could pay all the moving fees and pay off our credit card debt but it would mean a much bigger mortgage (3 times dh salary) and it got me wondering, how much as apercentage of their/your income do most people pay?

Thanks!

OP posts:
MiffyWhinge · 19/03/2010 10:29

bought a tiny, unfit for human habitation hovel when prices had crashed and houses were being repossessed in the 90s - hence mortage is now a tiny tiny fraction of income, maybe 5% or lower

MiffyWhinge · 19/03/2010 10:29

ah no, is about 0.5%

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