mortgage payments were the typical 1200-2000 my peers seem to be paying
Stone the crows, that’s scary amounts of money to stump up each month.
I’m an old git, but our first mortgage was £125 a month for a £16,000 house. We moved 7 years later (having sold the old place for £64,000) and the new payments were £350 a month.
I guess the downside was when the mortgage ended the spare money each month was not a great deal, Still, better in my pocket that the building society’s.
I struugle to see how youngsters these days can hope to get on the property ladder.
The Zanette rents and reckons she’s going to wait for us to croak and then just move in. :D
I cannot see anyway for her to buy otherwise.