£350k mortgage on a £65k salary?
I'm [29M] looking to buy my first house, I have around £70k deposit and will use £50k for the deposit and the rest for furniture, fixings, stamp duty, solicitors fee etc
Just a single income here btw
My take home is £3,600 a month after tax, pension and student loan
Looking into mortgages it'll be around £1,600 a month for the mortgage on a 30 year term, and a breakdown of other expenses: Bills (council tax, gas electric, water): £300 Internet: £30 Gym: £40 Car payment: £290 Spotify: £7 Car maintenance: £30 Food: £250
So all together it's around £2,550 Leaving me with just over £1k So say £500 in savings after that and £500 in miscellaneous
Is that sensible? Car payment will stop after a couple more years