Kildareman
Registered User
- Messages
- 4
Cohabiting couple
Age 40 /36
2 children 2 & 5 years
Take home monthly wage : 2160.00 employed
Partner: monthly wage: 320.00
Children's allowance: 280.00
No credit card
No pension plan
Mortgage 30 year mortgage 13 years into it : payment is 700 monthly tracker 130.000 left on mortgage.
Current selling price of house similar in our are 230.000.
Bank loan for car & van 10.000 left to pay.
Monthly payment 290.00
Weekly breakdown of outgoings below
100.00 grocery a week
25.00. Gas bill
25.00. Electricity bill
5.00. Bin charge
30.00. Petrol &diesel combined
25.00. Car and van insurance combined
11.50. Car and van tax combined
5.50. House insurance
72.50. Payment on bank loan for car&van
7.00. Sky TV charge
26.00. . Cost of our 2 mobile phones
175.00. mortgage
6.00. Mortgage cover and life
assurance combined
We don't smoke or drink
We have no health Insurance.
No medical card.
We have never received any financial advice from parents as they have never been very financially savvy.
We are due to recieve €13.000 payment
The house is 13 years old and is not very well insulated Windows and doors could do with been replaced.probably cost about €6000.
With €7000 we could update home a little or would it be best to pay off bank loan we have for our car and van?
Age 40 /36
2 children 2 & 5 years
Take home monthly wage : 2160.00 employed
Partner: monthly wage: 320.00
Children's allowance: 280.00
No credit card
No pension plan
Mortgage 30 year mortgage 13 years into it : payment is 700 monthly tracker 130.000 left on mortgage.
Current selling price of house similar in our are 230.000.
Bank loan for car & van 10.000 left to pay.
Monthly payment 290.00
Weekly breakdown of outgoings below
100.00 grocery a week
25.00. Gas bill
25.00. Electricity bill
5.00. Bin charge
30.00. Petrol &diesel combined
25.00. Car and van insurance combined
11.50. Car and van tax combined
5.50. House insurance
72.50. Payment on bank loan for car&van
7.00. Sky TV charge
26.00. . Cost of our 2 mobile phones
175.00. mortgage
6.00. Mortgage cover and life
assurance combined
We don't smoke or drink
We have no health Insurance.
No medical card.
We have never received any financial advice from parents as they have never been very financially savvy.
We are due to recieve €13.000 payment
The house is 13 years old and is not very well insulated Windows and doors could do with been replaced.probably cost about €6000.
With €7000 we could update home a little or would it be best to pay off bank loan we have for our car and van?
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