Pure guess mate.
16k used to be 1000 flat monthly take home. Each 1000 anual gross over 16k worked out at 58 per month net. This was taking into account non-taxable allowance and the 20 tax rate. I think you may have under cooked it a bit.
(Set your faces to Stunned Bigly, Wed 18 May 2011, 15:36, 1 reply, 15 years ago)

maybe a bit
but not much.

irrelevant to me anyway because I earn so much more. Still fucking skint though. Stupid mortgage.
( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 15:38, Reply)

Think of what will happen in 25 years when it's all yours though!

(Set your faces to Stunned Bigly, Wed 18 May 2011, 15:39, Reply)

there is that hope to cling on to

( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 15:48, Reply)

I don't think I'll own it in 25 years
I'll have moved and have an even larger mortgage.
(Bazongaloid, Wed 18 May 2011, 15:49, Reply)

Should be OK.
Just don't extend the term.
(Set your faces to Stunned Bigly, Wed 18 May 2011, 15:50, Reply)

need to keep that in mind at all times
although if things go tits up when my fixed term runs out I may have to.
( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 15:55, Reply)

there is that
I'm planning on staying in this place for a while.

We've not got a lot of equity unfortunately, so have no choice with the way things are, unless we inherit a big lump of cash.
( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 15:54, Reply)

It's a home. Not an investment.
Think of it that way.
(Set your faces to Stunned Bigly, Wed 18 May 2011, 15:58, Reply)

Oh I do
I would never invest in a house. I don't mind property prices staying the same, I just hope they don't drop. But even if they did, it just means whatever I buy is cheaper too, so it's not the worst thing in the world.
(Bazongaloid, Wed 18 May 2011, 16:05, Reply)

we share the same attitude on this

( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 16:10, Reply)

I've always viewed it that way.
and I wouldn't change it. Despite its eccentricities I love my house and am thoroughly enjoying doing it up in my own style.
( Vipros. clever got me this far, then tricky got me in, Wed 18 May 2011, 16:11, Reply)