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Monthly Mortgage Payments too much?
Comments
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Ahh apologies! That was our old salary 🤦🏻♀️ We had a pay rise at Christmas to around £39 each. Still used to the old salary/got the old salary stuck in the braingetmore4less said:£770*2 £1540
25years 1.74% that's £372k mortgage.
Unless you have a lot of deductions and your gross is more like £40k rather than £30k each how did you get 6.2 times income?0 -
More like £2,500pm each then.
Already gone from 50% to 40% and you have done nothing.
if not to old working on £1k £770+£230
25 £1540, 770, £1k, 40%
30 £1330, £665, £895, 36%
35 £1190, £595, £825, 33%0
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