RedBike said:I'm trying to budget just how much (approximately) it now costs to run a house.
This is what i've got so far:
Gas / Elecy: £100pm
Water: £75pm
Mortgage + Insurance: £300 pm (Based on a 50k mortgage)
Food: £200pm
Car: £200pm (bloomin petrol)
Am i even close with my figures?
You can get a house for £50k - or even get a Bank who has got £50k to lend in the first place ???
RedBike said:How the heck do people manage who don't work?
RedBike said:Thats a 50k mortgage on-top of a big deposit. I have the mortgage sorted (I think).
I can borrow far more than I could ever afford the re-payments for.
Until I started listing the cost of everything I thought I could afford mortgage repayments of about £300pm. I now realise this was very optamistic. In fact even if my mortgage repayments were zero i'm not sure I could afford everything!
I'm starting to rethinking everything.
How the heck do people manage who don't work?
RedBike said:Council Tax £130 - No idea, £130
Electric £55, £75 - I always have computers / washing machine on
[/COLOR]Heating and plumbing ins £25 - £25 Blast, forgot about this
Water Rates £21 - £21 - Thats a lot lower than I thought!
That's becoming an issue for those who already have a house too.RedBike said:House prices aren't too much of a problem. My problem is the general cost of living.
RedBike said:Thanks willow.
AA £15 - £0 Don't need
Alarm £12 £0 - I hope I don't need
Phone and Broadband £45 - £0 - Work will pay this.
Car insurance tax and servicing £30 - £50 (Old car / high road tax)
Council Tax £130 - No idea, £130
Electric £55, £75 - I always have computers / washing machine on
Gas £44 - £40 I don't use much heating
Heating and plumbing ins £25 - £25 Blast, forgot about this
Household Repairs £50 £50 In my first year this will probably be MUCH higher
house Insurance £30 - Included in the mortgage
Misc £25 - £25
Bike £10 - I wish!, Add in races, sportive, petrol £100
TV License £13 - £13
Water Rates £21 - £21 - Thats a lot lower than I thought!
Groceries £350 - £350 Owch, I will need to shop at Aldi!
Petrol £90 - At least £100
I make that about £1200.
Thats almost what I earn! - I don't stand a chance. - sobs.