Age: 36
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: 40000
Annual gross income of spouse: 22000
Type of employment: e.g. Civil Servant, self-employed
Private sector employees, non professionals.
In general are you spending more than you earn or are you saving? No
Rough estimate of value of home : 300000
Amount outstanding on your mortgage: 297500
What interest rate are you paying? 4.9 Tracker, repayments after TRS approx 1250
Other borrowings – car loans/personal loans etc:Nil
Do you pay off your full credit card balance each month? Almost always.
If not, what is the balance on your credit card? Nil
Savings and investments:22500 approx
Do you have a pension scheme? Yes, current combined funds value about 70000. Employers more than match contributions up to 6%
Do you own any investment or other property?
No
Ages of children: None yet.
Life insurance: Employer provided
What specific question do you have or what issues are of concern to you?We are fairly frugal and saving 500-800 between us per month. Hoping to have cheap wedding next year (up to 10K including honeymoon). We are also hoping to start a family within the next few years with my partner staying at home for the first few years. Looking for some advice and hear experience of anyone in similar situation.
Spouse’s/Partner's age: 30
Annual gross income from employment or profession: 40000
Annual gross income of spouse: 22000
Type of employment: e.g. Civil Servant, self-employed
Private sector employees, non professionals.
In general are you spending more than you earn or are you saving? No
Rough estimate of value of home : 300000
Amount outstanding on your mortgage: 297500
What interest rate are you paying? 4.9 Tracker, repayments after TRS approx 1250
Other borrowings – car loans/personal loans etc:Nil
Do you pay off your full credit card balance each month? Almost always.
If not, what is the balance on your credit card? Nil
Savings and investments:22500 approx
Do you have a pension scheme? Yes, current combined funds value about 70000. Employers more than match contributions up to 6%
Do you own any investment or other property?
No
Ages of children: None yet.
Life insurance: Employer provided
What specific question do you have or what issues are of concern to you?We are fairly frugal and saving 500-800 between us per month. Hoping to have cheap wedding next year (up to 10K including honeymoon). We are also hoping to start a family within the next few years with my partner staying at home for the first few years. Looking for some advice and hear experience of anyone in similar situation.