I have the opportunity to trade up.
Selling my semi detached for circa 330,000 and buying detached, 4 bed for 346,000. The house is exacty what and where we want. My mortgage will increase from €1,050 to circa 1,300 per month. The house is a further half hour from work for both myslef and my partner which means an extra €150 per month on petrol plus added car maintenance cost plus the long commute.
We earn €61,500 per year between us with no other loans. Also getting married next year but SSIA is looking after that. Ultimately I feel we can manage it but may struggle at certain points. House must also be kitted out from top to bottom - which can of course be done over time.
Has anyone else experience of something similar? Is the trade off between financial worries and standard of living worth it?
This is a bit of a rant but I'm so muddled any advise would be appreciated.
Selling my semi detached for circa 330,000 and buying detached, 4 bed for 346,000. The house is exacty what and where we want. My mortgage will increase from €1,050 to circa 1,300 per month. The house is a further half hour from work for both myslef and my partner which means an extra €150 per month on petrol plus added car maintenance cost plus the long commute.
We earn €61,500 per year between us with no other loans. Also getting married next year but SSIA is looking after that. Ultimately I feel we can manage it but may struggle at certain points. House must also be kitted out from top to bottom - which can of course be done over time.
Has anyone else experience of something similar? Is the trade off between financial worries and standard of living worth it?
This is a bit of a rant but I'm so muddled any advise would be appreciated.