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£950 monthly mortgage payments- too much?

abkb · 2013-10-23 15:02:25

Hi everyone, Firstly a big thank you- I have been a long time lurker here (particularly mortgages and endowments/house buying) and have picked up lots of very helpful information. However, any advice regarding my potential monthly mortgage payments would be much appreciated. We have a combined household income of £** p/a,…

Comments

abkb Posts: 17 Forumite

24 October 2013 at 12:43PM edited 10 January 2014 at 5:54PM

Thanks again everyone.

Going to re-visit the numbers regarding 25 vs 35 years, and also have another think about child costs. The £** was including some childcare but also factoring in that my parents would like to help out (although I wouldn't rely on this).

I'm glad though that it doesn't seem unreasonable, it's just trying to plan for the unexpected as far as possible, and then make the plunge.

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