What percentage of your (gross) household income goes towards your mortgage/rent?
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15-04-2014 07:23 #1
What percentage of your household income goes towards your mortgage/rent?
15-04-2014 07:25 #2Senior Member
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- Jul 2013
15-04-2014 07:26 #3
15-04-2014 07:26 #4Member
- Join Date
- Mar 2014
About 30%. And when I think about that and look at our shoebox sized double bay apartment it makes me very cross!!! Haha!
15-04-2014 07:28 #5
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15-04-2014 07:29 #6
15-04-2014 07:30 #7
15-04-2014 07:31 #8
15-04-2014 07:32 #9
15-04-2014 07:40 #10
Between 15-20%. That's for the house we live in. We have 2 investment properties and one if them pays for itself and the other we put a few thousand into every 6 months or so, depending on whether we have tenants at the time etc. I haven't included the rental income in our household income, it's too complicated!
Given we only use up to 20% of our income on mortgage payments I'm now wondering where it all goes - life is expensive!!
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