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What percentage of salary is your mortgage?
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Our standard mortgage payment is 12.5% of joint take home pay, but we overpay so we actually spend 17.5%. I personally would not be comfortable spending 35% of our household income on the mortgage alone, but everyone is different.2018 wins: Aspinal of London jewellery box, Boudavida gym outfit, HP Pavilion laptop, The List party tickets, All Points East festival tickets, Kiehls moisturiser, By Terry cc serum, Nars Liquid Bronzer, Benefit highlighter, Nars illuminator, Fresh advanced lip trio set, Cetaphil sample set, signed copy of My Absolute Darling by Gabriel Tallent0
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ours is around 16% of £5400 at moment with ten years to run. We overpay £100 a month on top of that.
I wouldnt be comfortable with 35% either, although we have probably been there during our mortgage life time.
We save, but we do enjoy dining out and holidays.0
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