4bars
Full Member
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- Feb 10, 2016
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£86k is a take home of £4800, if your mortgage goes from 16% of your take home to 41% of your take home I can see why you might have to look for more money.
Not that I have sympathy
According to the tweet it is 118,600 what is slightly more than 6000 pounds. that is 72000. You spend 24000 in mortgage. That is 48,000 pounds left for the rest of your life. And as someone else points out, his wife has a job also contributing to the mortgage. Also, this mortgages will go down in a couple or 3 years, so nothing that a person in his position and accumulated wealth can't wing it.
Sure, your lifestyle might resent, but hardly a problem to quit the gig