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General Discussion Area / How much mortgage or rent do you pay each month?
« on: 01 July 2013, 20:51:58 »
We are currently paying almost £1100, but this figure is deceiving because we borrowed a further £82,000 on the mortgage.
Without these extra payments our mortgage is about £600 each month, of which roughly £400 pays off the capital.
So I suppose you could say that our mortgage (in real terms) is about £200 each month.
Better to rent or buy?
opinions please.
Without these extra payments our mortgage is about £600 each month, of which roughly £400 pays off the capital.
So I suppose you could say that our mortgage (in real terms) is about £200 each month.
Better to rent or buy?
opinions please.