shivvyteach
Registered User
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Me and my fiancée are hoping to buy a house in the next year. we have seen a house that is on the market for 200,000.
income one 26,000 with overtime of 2,000 age-30
income two 33,000 which will be growing every year with a max of 60,000 at retirement age. age 27
we have savings of 22,000.
we are both living at home so we are paying no rent or bills etc.
our expenditure includes our cars and travel.
we have no credit cards or over drafts
Do we need more savings or would be able to apply now?
How much could we borrow based on these amounts?
income one 26,000 with overtime of 2,000 age-30
income two 33,000 which will be growing every year with a max of 60,000 at retirement age. age 27
we have savings of 22,000.
we are both living at home so we are paying no rent or bills etc.
our expenditure includes our cars and travel.
we have no credit cards or over drafts
Do we need more savings or would be able to apply now?
How much could we borrow based on these amounts?