Ian (lovingboth) wrote,
Ian
lovingboth

Pimping my CV

This morning, we visited a mortgage adviser with the current mortgage provider about options for buying somewhere up t'north (ok, the East Midlands...)

Having what's left of the inheritance helps enormously because it gives a worthwhile deposit, ditto house prices there. She gave a little gasp when we told her how much somewhere with four bedrooms costs there - it's doable for £200k, i.e. substantially less than this two bedroom place would go for now.

On L's sole income and 30% deposit, they'll allow us to owe them £140k. So with £35k left on this mortgage, this gives £105k in a new mortgage.

If I get a job paying £10k, how much more do you think they'll allow us to owe them?

Poll #1728029 Mortgage maths

How much more is an additional income of £10k worth?

£5k
1(20.0%)
£10k
0(0.0%)
£20k
1(20.0%)
£30k
1(20.0%)
£40k
1(20.0%)
£50k
0(0.0%)
£60k
1(20.0%)



This entry was originally posted at http://lovingboth.dreamwidth.org/422141.html, because despite having a permanent account, I have had enough of LJ's current owners trying to be evil. Please comment there using OpenID - comment count unavailable have and if you have an LJ account, you can use it for your OpenID account. Or just join Dreamwidth! It only took a couple of minutes to copy all my entries here to there.
Subscribe
  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

  • 5 comments