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What % of Your (Combined) Take-Home Salary Goes on Your Mortgage?
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For our mortgage alone we are 15% with all bills/food included we are 30% of joint income. We have money left for savings and nights out etc but now have a wedding to think about too
We are comfortable right now and have budgeted for intrest base rates rising from 0.5% to 5% over the next few years. Hopefully they don't rise that fast but hey they are only going to go one way!0 -
20% normally. 40% with over payment.0
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Currently between 20 to 25% (income isn't totally fixed) used to be 33% when the interest rates were higher.0
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