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Mortgage rises - how much?

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  • 09-07-2011 10:00am
    #1
    JuliusCaesar
    Registered Users Posts: 4,882 ✭✭✭


    My mortgage amount has gone up €350 per month in the last 2 years. At the same time my salary has reduced by about the same amount. I'm fed up listening to politicians saying I should spend more! Luckily, I've been able to manage so far, but am getting a little concerned if the one continues to rise and the other to fall. And no, I didn't take out an unaffordable mortgage - I borrowed a good deal less than I was offered because I didn't se how the banks factored in living costs.

    What kind of rises have other people had?
    Tagged:


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    #2
    AB82
    Closed Accounts Posts: 9 ✭AB82


    about €165 already thought that was too much :confused:


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    #3
    Senna
    Registered Users Posts: 8,800 ✭✭✭Senna


    I fixed when the going was good. But by 2013 (my fixed rate ends), i'm budgeting to be paying 4% more than i am now, so about €400 more per month.


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