CSA1 ref mortgage payments

jarhead66

I moved house last month and informed the CSA of my new mortgage which is quite abit more than my old one,

Take home monthly pay = £1620

my old mortgage = £204

council tax = £57

My old CSA monthly payments = £376.05

this is their calculations

My take home monthly pay = £1620

My mortgage = £732

Life cover = £48

council tax = £57

new CSA monthly payments = £292.97

My housing costs have increased by £576 but my CSA payments have only decreased by £83.08, i live by myself so mine is the only income and claim no other benefits. so much for the CSA taking your housing costs into account!! my son is 18 and a half so i have another 18 months of this!! so after off takes i have £130 aweek to live on that's to pay electric,gas house insurance, work costs. so i will be left with less than someone who is unemployed, One more thing I made my arrangements to move ie part ex my house, sort the mortgage out when the maintenance age was 19, i did phone the CSA at the end of November and they told me that they knew nothing about it changing to 20,
I know that a few people on here can work out the calculations i would be grateful for your comments thanks

shoe*diva79

Your paying around 18% of your take home salary. Not sure what the problem is?

DUTR

shoe*diva79 wrote: »

Your paying around 18% of your take home salary. Not sure what the problem is?

£50, he would pay £243 on CSA 2
But not sure how/why his mortgage has gone up to £732 thats £122k mortgage and would require £34k pa, which is not £1620 per month .

jarhead66

I got the payments over more years so that i could get the mortgage,
the idea is for me to buy the house then my g/f can move in once my maintenance finishes and she can go on the mortgage, as if she moved in now we would be worse off as i am on CSA1

jarhead66

£50 aweek would make a big difference to me, plus my g/f could move in with me that's my problem!!!

DUTR

jarhead66 wrote: »

I got the payments over more years so that i could get the mortgage,
the idea is for me to buy the house then my g/f can move in once my maintenance finishes and she can go on the mortgage, as if she moved in now we would be worse off as i am on CSA1

Something doesn't add up still, as the mortgage value is dependant upon gross income, the mortgage repayments will depend on the principal, a longer term would reduce the monthly.
Anyways I wouldn't waste too much time trying to wind your CS contribution to '£0' only going SE may do that.

shoe*diva79

Its not £50 a week jarhead, your only £50 a MONTH worse off then if you were on CSA2.

Agree with DUTR, something not adding up with your fgures.

jarhead66

I am not trying to get out of paying my CSA, I have been paying since 2001, all i am trying to do is get things in place so that my g/f and myself can have a life after i have finished my CSA, I was informed by the CSA in Nov 2012 that the age was 19 so i thought that by the time moved I would have six month left which i could cope with but now with this extra year added on its makes things hard, as for my mortgage i got it until i am 67 and put my house as part ex, and got a mortgage with the Halifax, but i will reduce it when my g/f moves in with me,
Sorry for trying to get on with my life!!!

DUTR

jarhead66 wrote: »

I am not trying to get out of paying my CSA, I have been paying since 2001, all i am trying to do is get things in place so that my g/f and myself can have a life after i have finished my CSA, I was informed by the CSA in Nov 2012 that the age was 19 so i thought that by the time moved I would have six month left which i could cope with but now with this extra year added on its makes things hard, as for my mortgage i got it until i am 67 and put my house as part ex, and got a mortgage with the Halifax, but i will reduce it when my g/f moves in with me,
Sorry for trying to get on with my life!!!

Nothing wrong with that, and it's the 1st thing either gender should do, you are getting on with your life other than dwelling on csa payments, yours is peanuts to what I pay and if you have been paying it so long, you should be used to it, my csa payments is just part of my regular budgetting, and thanks to paying it, I ended my mortgage early, all I see the no longer liable as is a 15% net pay increase.
TBH if things are running so tight already, then is moving in and all that wise? As things like Water , Energy and council tax can only rise and between now and the time you are 67 interest rates may rise too, and thats befor you have even purchased furniture etc or got your current GF in 'trouble'.
Stay real with life I'm afraid, whining over £50 per month? You are sailing too close to the wind.

jarhead66

We hav'nt just rushed into this we have been planning this for quite a few years, as we have been together for 12 years and had everything in place for the end of this year when my CSA finished, my g/f was going to sell her house and put the money towards the new one, so the mortgage would have been halved plus she would pay half the mortgage, but we now have to put it back yet another year until my son is 20, So we have planned it out
As for anymore kids iv'e had the snip and she has had her ovary removed, this thread is not a quibble about £50 i was paying £520 amonth a few years ago, all i thought was that the CSA would have taken more of my housing costs into consideration, The reason that my g/f will not move in before is that my ex has caused her alot of trouble with damage to her property and has even assaulted her. i do hope that this will answer some of your questions!!

DUTR

jarhead66 wrote: »

We hav'nt just rushed into this we have been planning this for quite a few years, as we have been together for 12 years and had everything in place for the end of this year when my CSA finished, my g/f was going to sell her house and put the money towards the new one, so the mortgage would have been halved plus she would pay half the mortgage, but we now have to put it back yet another year until my son is 20, So we have planned it out
As for anymore kids iv'e had the snip and she has had her ovary removed, this thread is not a quibble about £50 i was paying £520 amonth a few years ago, all i thought was that the CSA would have taken more of my housing costs into consideration, The reason that my g/f will not move in before is that my ex has caused her alot of trouble with damage to her property and has even assaulted her. i do hope that this will answer some of your questions!!

What I am saying between the lines is those that are most miserable are (a) the PWCs more concerned with squeezing every last penny out of the ex cos they are still bitter n twisted
(b) the NRPs trying their hardest to avoid paying anything at all because they too are bitter n twisted.

You have not got long to go, seems odd as I'm on CSA 2 and my time ends with them in 3 years max, good luck with your current partner she is the most important to you right now, you don't want it ending all cos of some baggage from the past, look at it the other way 18% goes on the kids you still have 82% of your salary to do as you wish. Just wish I could find a decent GF right now.