Survey - how big is your mortgage?

RetSol

KAP0365 said:

@RetSol we have calculated that with utilities and insurance it would be about a third of our joint income, however we also want to see if we can perhaps overpay/make sure we have enough should rates rise to 6 or 8% for example. That’s when it would get tight, though we could do it, but not sure if we want to risk it in today’s world. Seeing the amount of people with larger mortgages on H2B makes us think we are being quite conservative...!! 

Nothing wrong with being conesrvative.  Especially if it helps you sleep better at night. 

[Deleted User]

My mortgage is £331,000. The payments are £1600 a month but I pay £3000 a month - a third of our net monthly income but Im 54 so paying it off as fast as possible.