FTBers - how much are your mortgage payments?

useless

Out of interest, I wondered how much everyone took as their monthly payments when they first bought their house?

assuming they bought within the last 5 years or so...

Pure nosiness!

meds12_2

2009: 85% LTV, repayment mortgage fixed at 5.84% for 3 years, monthly repayment = £780. However we overpay by £100 per month in order to pay it off early / not risk losing the house if one of us were to be made redundant. Could rent a similar house for about the same in local area. Best thing is: we love it!

AbbieCadabra

(not mine, but someone i know)

2010, 100% mortgage, repayment fixed for 3 years at 5.99%, £560 per month

somethingcorporate

In 2007 my wife and I took out 90%, 3 year fixed @ 5.69 with Skiptons which was £1,100 per month. Overpaid by about £500 a month and just managed to remortgage at 75% LTV 5 year fixed at 4.75% with the Post office.

Good times!

bobbadog

we were FTBs in 2009 - got a £162k mortgage (purchase price £179950), 90% LTV, Britannia, 4.64 fixed, £806 a month / £846 with insurances

Brallaqueen

Just me, no partner, for a two bed flat £75k

FTB Jan 2010, 90% LTV , 7.29% fixed for 3 years.

£450 pcm, looking to overpay as soon as I can.

I think I got screwed :rotfl:

poppy_f1

just bought (well sign the missives today) and mines will be 208 a month 40% LTV fixed for 2 years

edited to add i only borrowed 40K

flimsier

75% LTV taken out in Dec. Three year tracker. Can't remember other details. Borrowed £177,500 - payments are a bit over £800.

SimbaSimon

useless wrote: »

Out of interest, I wondered how much everyone took as their monthly payments when they first bought their house?

assuming they bought within the last 5 years or so...

Pure nosiness!

November 2007 @ 5.09% at 95% LTV, £609 for 2 years.

Now variable at 2.5% (and overpaying a bit)

Lilium

Bought in May 2008...90% LTV (borrowed around £125K), repayment, fixed for 25 years (though ERC period ends after 10 years) 5.79%, monthly payment is £791.

maddapple

My wife and I bought our first house 3 years ago for £225k on a 100% mortgage. We overpay by about £250 per month and pay a total of £1500.

The overpayment is really making a difference.