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MSE Poll: What proportion of your income is spent on your mortgage/rent?

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  • michaels
    michaels Posts: 29,130 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 5 July 2017 at 1:42PM
    We are in the 30s percent for our mortgage - but it is interest only so a very different proposition than those on a repayment mortgage.

    IMHO the interest component of a mortgage should be compared against rent payments because the repayment portion is effectively saving rather than expenditure.
    I think....
  • Vickimichelle
    Vickimichelle Posts: 1,724 Forumite
    Mortgage-free Glee!
    I don't have a mortgage as I own my house outright so none. :j
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