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Mortgages
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 Pinkfluff1981  22 Feb 19 7.38pm |
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Just curious as to how much people have on a mortgage...combined partner income of 50k we have 130k mortgage. 38 years old over 25 years. We’re looking moving and making our mortgage 220k over 25 years. Not after any advice or comments of only afford what you can etc or wait and see what happens with brexit. Just wondered what sort of position others are in similar to the 38 years old mark. Ps I know it’s relative to what each and everyone earns I’m just curious.
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| Tom-the-eagle Croydon 23 Feb 19 4.32pm |
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Originally posted by Pinkfluff1981
Just curious as to how much people have on a mortgage...combined partner income of 50k we have 130k mortgage. 38 years old over 25 years. We’re looking moving and making our mortgage 220k over 25 years. Not after any advice or comments of only afford what you can etc or wait and see what happens with brexit. Just wondered what sort of position others are in similar to the 38 years old mark. Ps I know it’s relative to what each and everyone earns nearly I’m just curious. I actually owe several million pounds (which is actually scary to admit) However as a landlord/property developer I generally view that the more debt I have then the better off I am so I say bring it on! There's good debt and bad debt and mortgages are definitely good debt.
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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cryrst  The garden of England 23 Feb 19 5.25pm |
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Originally posted by Tom-the-eagle
I actually owe several million pounds (which is actually scary to admit) However as a landlord/property developer I generally view that the more debt I have then the better off I am so I say bring it on! There's good debt and bad debt and mortgages are definitely good debt. That bit you say about would you tom.
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| cryrst The garden of England 23 Feb 19 5.30pm |
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Originally posted by Pinkfluff1981
Just curious as to how much people have on a mortgage...combined partner income of 50k we have 130k mortgage. 38 years old over 25 years. We’re looking moving and making our mortgage 220k over 25 years. Not after any advice or comments of only afford what you can etc or wait and see what happens with brexit. Just wondered what sort of position others are in similar to the 38 years old mark. Ps I know it’s relative to what each and everyone earns I’m just curious. I would say if you have a spare 20 quid a month pay off on your mortgage.
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| Tom-the-eagle Croydon 23 Feb 19 6.05pm |
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Originally posted by cryrst
That bit you say about would you tom. Would you to sweetie
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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 Cucking Funt Clapham on the Back 23 Feb 19 6.21pm |
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Originally posted by Tom-the-eagle
I actually owe several million pounds (which is actually scary to admit) However as a landlord/property developer I generally view that the more debt I have then the better off I am so I say bring it on! There's good debt and bad debt and mortgages are definitely good debt. Fascist
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| mjtheeagle 23 Feb 19 6.30pm |
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I'm nearly 38 and have about 70k left on the mortgage, the flat is worth around 130k. Looking to sell soon and buy a small house up North for around the 60k mark to become mortgage free. Have been looking at Blackpool as a location. It is close by train to lots of other places in the North like Manchester, Liverpool, The Lake District and even Edinburgh/Glasgow. Still only 3 hours from London too. Edited by mjtheeagle (23 Feb 2019 9.58pm)
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| Casual Orpington 23 Feb 19 7.09pm |
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I’m 41 , moved in November and strapped my self up for 900 grand, was fine until the first payment came out.
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| cb1969 Back in the 'hood 23 Feb 19 7.22pm |
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Originally posted by Casual
I’m 41 , moved in November and strapped my self up for 900 grand, was fine until the first payment came out. you must be earning well mate to get a mortgage that size.
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| Kennyd163 new addington 23 Feb 19 8.01pm |
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My mortgage has £140k left over 30 years. I'll be 62 by the time it's run its course. Hopefully it will be worth more then it currently is of £340k
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| Casual Orpington 23 Feb 19 9.46pm |
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Originally posted by cb1969
you must be earning well mate to get a mortgage that size. Always trying.
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| Midlands Eagle 24 Feb 19 7.02am |
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Originally posted by Kennyd163
My mortgage has £140k left over 30 years. I'll be 62 by the time it's run its course. You're lucky. I'll be 75 when I've finished paying mine
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