Mortgage: what % do you/partner pay?

Esse85 · 08-07-2018 07:11PM #1

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 · 08-07-2018 07:12PM

He pays it all.

ytpe2r5bxkn0c1 · 08-07-2018 07:15PM

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.

08-07-2018 07:16PM

Between us 110%

Dont be at yourself · 08-07-2018 07:19PM

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 · 08-07-2018 07:23PM

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 · 08-07-2018 07:28PM

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 · 08-07-2018 07:33PM

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

o1s1n · 08-07-2018 07:36PM

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 · 08-07-2018 07:38PM

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

Kirby · 08-07-2018 07:39PM

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 · 08-07-2018 07:39PM

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 · 08-07-2018 07:41PM

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

PixelTrawler · 08-07-2018 07:42PM

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 · 08-07-2018 07:42PM

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 · 08-07-2018 07:44PM

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 · 08-07-2018 07:46PM

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 · 08-07-2018 07:48PM

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 · 08-07-2018 07:50PM

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

biko · 08-07-2018 08:11PM

Fiddy fiddy

PokeHerKing · 08-07-2018 08:22PM

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 · 08-07-2018 08:23PM

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 · 08-07-2018 08:28PM

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 · 08-07-2018 08:36PM

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

Quartz Kitchen · 08-07-2018 09:47PM

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 · 08-07-2018 09:52PM

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 · 08-07-2018 10:02PM

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 · 08-07-2018 10:05PM

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 · 08-07-2018 10:07PM

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 · 08-07-2018 10:10PM

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 · 08-07-2018 10:10PM

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

Mortgage: what % do you/partner pay?

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