Mortgage: what % do you/partner pay?

Esse85

Out of curiosity, what's it like in your household?

We split the bills down the middle and I'd pay cira 60% and she'd pay 40% as I currently earn a little more.

eviltwin

He pays it all.

ytpe2r5bxkn0c1

As both wages went into the same current account it's a moot point. Earnings were similar too. So, I suppose, it was fifty fifty but we never even considered who paid what bills.

Between us 110%

Dont be at yourself

We have a joint account for everything. Life's too short to be squabbling over who pays what. If you're co-signing a mortgage with somebody, you'd want to be comfortable picking up the slack -- you're each individually liable for the full amount anyway.

o1s1n

Would folks not just have a joint account for bills etc and then a personal account each that their wages go into?

Set up a standing order over to the joint to cover bills, sorted.

ytpe2r5bxkn0c1

o1s1n wrote: »

Would folks not just have a joint account for bills etc and then a personal account each that their wages go into?

Set up a standing order over to the joint to cover bills, sorted.

No. It's a full partnership. Everything in and out of the same account. It comes with trust and commitment.

Shenshen

I'm currently paying 100%.
Once he finds work again, we'll go ca. 50/50 again, as we did before .

o1s1n

Kristian Shy Ritual wrote: »

No. It's a full partnership. Everything in and out of the same account. It comes with trust and commitment.

Fair enough, I couldn't live like that though. Its a bit naive. Partnership/marriage doesnt automatically mean having to be joined at the hip for absolutely everything.

lawred2

Haven't a clue. Everything we get is straight into the one account. Enough to do to be bean counting with the missus

Kirby

Shenshen wrote: »

I'm currently paying 100%.
Once he finds work again, we'll go ca. 50/50 again, as we did before .

Then surely you mean you are both currently paying 100% and when he finds work again you will still both be paying 100%? Are you not together during the period one of you is unemployed?

lawred2

o1s1n wrote: »

Fair enough, I couldn't live like that though. Its a bit naive. Partnership/marriage doesnt automatically mean having to be joined at the hip for absolutely everything.

Naive?

Sounds like you err on the side of distrustful.

Wouldn't be for me.

Wesser

Surely if you have a mortgage together, you are in a partnership, therefore there is one central account.... No?

PixelTrawler

Weve a joint account account for the mortgage and bills. Money is moved into it each month to cover them. We maintain personal accounts each. All other house expenses we keep track off... shopping, petrol, furniture or once offs such as car tax or services... and we settle it each month. Easy once you get a system and everything is split 50/50. She earns a bit more than me. But we also did this at times when ive earned more.

donspeekinglesh

o1s1n wrote: »

Would folks not just have a joint account for bills etc and then a personal account each that their wages go into?

Set up a standing order over to the joint to cover bills, sorted.

Used to do that, but when the banks reintroduced charges we closed our separate accounts, and just use the joint account.

Since then my wife had taken redundancy, and we're using her money to pay the mortgage so she can stay home with the children.

facehugger99

We have our own accounts and a joint account.

We get paid into our own accounts and both keep the same amount back and lodge the balance into the joint acc. All the bills, mortgage, shopping etc come out of the joint account. Then we have our 'own' money to buy what we want to buy.

I don't want to be running stuff by her if a fancy piece of electronic equipment catches my eye and I'm sure she feels the same when she see (another) handbag that she simply must have.

We've always done this, so it doesn't really matter if one of us is earning more than the other, and that has varied over the years, we both have the same 'disposable' income as each other and aren't worried about having to keep track of who owes who what.

lawred2

facehugger99 wrote: »

We have our own accounts and a joint account.

We get paid into our own accounts and both keep the same amount back and lodge the balance into the joint acc. All the bills, mortgage, shopping etc come out of the joint account. Then we have our 'own' money to buy what we want to buy.

I don't want to be running stuff by her if a fancy piece of electronic equipment catches my eye and I'm sure she feels the same when she see (another) handbag that she simply must have.

We've always done this, so it doesn't really matter if one of us is earning more than the other, and that has varied over the years, we both have the same 'disposable' income as each other and aren't worried about having to keep track of who owes who what.

Decent system

Conservatory

My mortgage is paid. I also have a perfect BMI. I tested my blood pressure in my friends house last night. Spot on. Not at risk of a stroke anyway.

I keep a few quid for my lunch and just put the rest in the wife’s account. I honestly couldn’t tell you how much a esb or car insurance is.

If I want anything I just buy it off her card but never really want much. A few beers at the weekend usually keeps me happy.

pleas advice

https://www.youtube.com/watch?v=RhvIISDoarU#t=5

biko

Fiddy fiddy

PokeHerKing

We've had the one account since we bought our house 5 years ago.

Since then money accumulates so much easier than when we had separate accounts. We'd be the odd ones out amongst both sets of our friends though.

I get the independence thing but we are both similar minded people. We don't spend big amounts without thought and we cancel each other our with our main spends.

I'm golf obsessed but have been wearing the same tops/shirts for the last decade. She's fashion obsessed but all of her hobbies are free.So works out well.

As long as you're not one of those couples that are sending the other to the bar for "their" round than either system works in my mind.

iamtony

Conservatory wrote: »

My mortgage is paid. I also have a perfect BMI. I tested my blood pressure in my friends house last night. Spot on. Not at risk of a stroke anyway.

I keep a few quid for my lunch and just put the rest in the wife’s account. I honestly couldn’t tell you how much a esb or car insurance is.

If I want anything I just buy it off her card but never really want much. A few beers at the weekend usually keeps me happy.

Do you think your BMI score lead to you paying off your mortgage?

Conservatory

iamtony wrote: »

Do you think your BMI score lead to you paying off your mortgage?

That’s a very interesting question I’m glad you asked. I find my perfect BMI score leads to my robust immune system. I actually can’t ever remember being out sick. It lead me to getting great promotions during my youth. I’ve recently changed industry and am on the fast track to becoming one of the top guys in the company after a year or so.

HappyAsLarE

My wife pays for everything in order to adhere to the patriarchal society.

Quartz Kitchen

We both have our personal accounts and we also have a joint account. We both transfer amounts into the joint account each month after we are paid. All common bills come out of the joint account.

Conservatory

Quartz Kitchen wrote: »

We both have our personal accounts and we also have a joint account. We both transfer amounts into the joint account each month after we are paid. All common bills come out of the joint account.

Does that not lead to one member of the partnership lording it over the other?

seamus

All income into a joint account. Did the "splitting bills" thing for a couple of years after getting married. Pain in the ringpiece. This is much easier.

august12

facehugger99 wrote:

We get paid into our own accounts and both keep the same amount back and lodge the balance into the joint acc. All the bills, mortgage, shopping etc come out of the joint account. Then we have our 'own' money to buy what we want to buy.

Very good system and very fair.

Cee-Jay-Cee

We both put the same amount into our joint account which is for bills mortgage etc etc we both have our own personal accounts for everything else.

Shenshen

Kirby wrote: »

Then surely you mean you are both currently paying 100% and when he finds work again you will still both be paying 100%? Are you not together during the period one of you is unemployed?

I assumed the question was what share of the bills, mortgage, etc. came out of one partner's salary vs the others. It's possible I misunderstood, English isn't my first language after all.

In our current case, all bills and expenses we have all come out of my salary. Once he finds work, he'll contribute from his salary again I'm sure.

theteal

Mortgage, insurance and childcare is 50/50 from the joint account. I pay all the other bills bar her car insurance

2Mad2BeMad

No joint account between myself and herself
My problem is she is really awful with money.
Bad impulses when buying things, they may not be expensive things but they add up.(sometimes they are expensive things)
A good example how bad she is at saving, we are going on holidays in august for 10days.
She has been on sick leave since april, she gets 180 a week (I think?) I told her to save 50 euro a week from april to august and that will be a nice few quid there as spenders the rest she can spend on herself as I earn enough to pay the bills and put food on the table, so far she has saved 0.
Lucky for her I do save or we wouldn't be going away.

Conservatory

2Mad2BeMad wrote: »

No joint account between myself and herself
My problem is she is really awful with money.
Bad impulses when buying things, they may not be expensive things but they add up.(sometimes they are expensive things)
A good example how bad she is at saving, we are going on holidays in august for 10days.
She has been on sick leave since april, she gets 180 a week (I think?) I told her to save 50 euro a week from april to august and that will be a nice few quid there as spenders the rest she can spend on herself as I earn enough to pay the bills and put food on the table, so far she has saved 0.
Lucky for her I do save or we wouldn't be going away.

Sure why would she when you will pay anyway.


Sisterzzzz are doing it for themselves

Leave her at home teach her a life lesson

Quartz Kitchen

2Mad2BeMad wrote: »

No joint account between myself and herself
My problem is she is really awful with money.
Bad impulses when buying things, they may not be expensive things but they add up.(sometimes they are expensive things)
A good example how bad she is at saving, we are going on holidays in august for 10days.
She has been on sick leave since april, she gets 180 a week (I think?) I told her to save 50 euro a week from april to august and that will be a nice few quid there as spenders the rest she can spend on herself as I earn enough to pay the bills and put food on the table, so far she has saved 0.
Lucky for her I do save or we wouldn't be going away.

That's the problem, with no personal accounts the saver will be screwed.

Alf Veedersane

Conservatory wrote: »

My mortgage is paid. I also have a perfect BMI. I tested my blood pressure in my friends house last night. Spot on. Not at risk of a stroke anyway.

I keep a few quid for my lunch and just put the rest in the wife’s account. I honestly couldn’t tell you how much a esb or car insurance is.

If I want anything I just buy it off her card but never really want much. A few beers at the weekend usually keeps me happy.

Do you go 50/50 on croissants and jumbo breakfast rolls as well?

Conservatory

Quartz Kitchen wrote: »

That's the problem, with no personal accounts the saver will be screwed.

Look my missus sometimes likes to spend a bit I don’t fall for advertising. She can have all the money I earn if she wants. As long as she’s happy I couldn’t care.

AndyBoBandy

We pay 260%

130% each

heroics

o1s1n wrote: »

Would folks not just have a joint account for bills etc and then a personal account each that their wages go into?

Set up a standing order over to the joint to cover bills, sorted.

That’s what we do. Joint account for mortgage house bills etc. Mobiles car exp etc come out of personal accounts. Works for us

s7ryf3925pivug

I pay for everything. We're comfortable and my wife is sensible with money. Prefer this to having strangers mind my kid most of the day.

This isn't a reasonable option for a lot of people unfortunately - and unfairly. #savearticle41.2

Conservatory

Alf Veedersane wrote: »

Do you go 50/50 on croissants and jumbo breakfast rolls as well?

Haha no I keep lunch money and smoke money. I don’t really count that as spending it’s only about 150 a week.

Jim Bob Scratcher

Conservatory wrote: »

Haha no I keep lunch money and smoke money. I don’t really count that as spending it’s only about 150 a week.

Proof the boom is back.

Alf Veedersane

Conservatory wrote: »

Haha no I keep lunch money and smoke money. I don’t really count that as spending it’s only about 150 a week.

That's fair enough given how much you'll save the HSE with your robust BMI.

Conservatory

Jim Bob Scratcher wrote: »

Proof the boom is back.

To be honest I’m a lot luckier than most people. I’ve a house just outside the city all paid for. I was talking to a friend last night he is in the same situation as me he had just bought a blood pressure reader in Argos for ****s and giggles we were talking about how lucky we were not having to worry about the housing crises and rent spiraling.

My blood pressure score was spot on if you are wondering, he on the other hand needed to go to a doctor. I could tell though just from sight that his BMI is off the charts. Mine on the other hand is spot on.

_Brian

We’re married 28 years, right from even before we got married we had a joint account. All money paid into that and all bills paid out of it.

None of this my money, your money malarkey.

Over the years it’s swung over and back who is paid the most or who is off work but the finances has been the same all the time.

Neither of us would spend a big chunk of cash on something without talking about it but that’s a respect thing rather than any specific agreement.

Some couples have serious trust issues, it can’t be good.

heroics

If you only have a joint account how do you for example buy birthday/Xmas presents.

Some people here think it’s a trust issue having personal accounts. I think that couples that have Joint accounts only is because 1 of them wants to see what the other is spending.

donspeekinglesh

heroics wrote: »

If you only have a joint account how do you for example buy birthday/Xmas presents.

Some people here think it’s a trust issue having personal accounts as trust issues. I think that couples that have Joint accounts only is because 1 of them can see what each other is spending.

We have separate credit cards, the bills are paid from the joint account, but we rarely see each others bills.

Conservatory

heroics wrote: »

If you only have a joint account how do you for example buy birthday/Xmas presents.

Some people here think it’s a trust issue having personal accounts as trust issues. I think that couples that have Joint accounts only is because 1 of them can see what each other is spending.

You just take a grand out of the account. If it’s questioned say it’s for a birthday present. What’s the big deal?

heroics

donspeekinglesh wrote: »

We have separate credit cards, the bills are paid from the joint account, but we rarely see each others bills.

Cool. I’d see that as the same as personal accounts though.

Conservatory

Alf Veedersane wrote: »

That's fair enough given how much you'll save the HSE with your robust BMI.

Maybe that’s for another thread but if more people were trained in BMI calculating I reckon it’d solve the current health crises.

heroics

Conservatory wrote: »

You just take a grand out of the account. If it’s questioned say it’s for a birthday present. What’s the big deal?

Fair enough. Each to their own.

For the OP. We both put same amount into the joint account. We earn approx same as each other.

When my wife was earning less I covered mortgage and she shared the other bills when she could.

Conservatory

heroics wrote: »

Fair enough. Each to their own.

For the OP. We both put same amount into the joint account. We earn approx same as each other.

When my wife was earning less I covered mortgage and she shared the other bills when she could.

But women’s cost of living is way more. Say a night out. She has to buy hair and make up and dress and you can pull a pair of trousers out the wardrobe and have a shower and you are sorted. You cant be letting the missus walk around like she was dragged through a hedge because you need to have half the money.