My net monthly income is £1450. My wife's net income is £1000 a month. Our mortgage payment is £660. We have one loan that we pay £200 a month, this has another year to run.We have another loan of
£15000 from my parents.This was for the deposit on our house which we have only been in 10 months.So far we have only paid £800 off of this, we are paying my parents £200 a month. We bought the house less than a year ago for £156,000. I assume in view of some of the work I've done it's probably worth £160,000 now.We have a forty year mortgage.
We have no other assets other than the car we own which is probably worth £2000.
£154,000. There may also be a redemption clause but until I get the mortgage agreement I don't know.