Hi,
Just wondering what % of a households nett income expected would be expected by banks for mortgage repayments?
Two adults, two kids, two cars
Home positive equity - two RIPs significant negative equity - RIPs coming off intetest only repayments next year? I'm expecting a significant rise in home mortgage and capital & interest mortgage on RIPs then?
Thanks
Yes SB,
My query is more related to how much of my percentage disposable income the bank would want me to payback, when theRIPs come off interest, I will be in serious difficulty to pay, ie will I have enough to live on
Shej