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Reply to "What % of your income goes towards your mortgage?"
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[quote=Anonymous]Our mortgage is 34% of our take home pay. That would be manageable on its own, but the X factor is childcare. We pay 44% of our take home pay for childcare. We're in the thick of it (two kids in full time care) so this is the worst 18 months we'll ever have on this cost). But it means we have only 22% of our income left over for other expenses, so outside of mortgage and childcare, we live very, very frugally. [/quote]
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