enzuigiriuk
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I split my mortgage with my wife based on earnings .. I earn three times what she does so I pay three times as much. |
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Wendy B
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My husband pays all the bills. I stay home and care for our children. |
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William
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My wife and I have a single checking account were both our paychecks go. I earn more than she does, but in the end, the money in the checking account is our money, not part hers and part mine. In your case, if you not married, I would still suggest splitting the payment down the middle. Since you are both equally responsible for the upkeep and care of the house, you should be equally finacially responsible for it as well. |
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Funny Lad
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higher earner pays more towards the house so you have the same left over. |
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Knownow't
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Well I am married, but we have always had one big pot where all the money goes...and we pay bills out of that....although my wife and I have always earned about the same....I think that is the best way, otherwise you get into the childish arguments of...I paid more than you.... |
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EmmaLou2704
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when me and my fiance moved in together, we opened a joint account and now only have the joint account and therefore split everything. However, we earn relatively similar amounts.
If someone earns significantly less then maybe its worth splitting it a little more fairly. |
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"we dont do duvets"...
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Me and my partner put all our money in the pot at the end of the month and use it as we need it. There is no hierarchy this way !! :) |
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Luke E
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My wife and I worked it out to where she pays the household bills (power, cable, water, and cell phone) and I pay the mortgage and she comes out cheaper because she makes less money. |
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Missy
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When my boyfriend moved in we decided to split everything 50/50....he earns a few grand more than me but I dont mind as he has a car to pay for, whereas mine is already paid for. |
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Makes Sense
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I always recommend being married before getting a mortgage together. The first covenant/commitment increases the likelyhood of the second commitment (mortgage) will get paid through completion and/or succeed.
Last, how the mortgage is paid should be agreed in advance. Proportionate to your corresponding income seems most fair. However, if it's a partner you may have to agree to receive any income from future sale of the property proportionate to the vested interest. If married, you simply get half no matter what.
You see my point? |
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littlebear
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My husband and I put all the money into one account and everything is paid out of it. When we first married we earned similar amounts. He now earns more than me but we'll not change it. I think it would be very foolish to change it works and just 'cos he earns more now it means we can have more treats ie holidays etc. |
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jackie m
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I always had both salaries put into same bank account and what was to be paid was paid and we both had cards to take out what we needed, He was a school teacher and I only worked part time and at times I didn't work, I was at home bringing up our children, and cooking and cleaning |
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QueenBee
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We have a joint account into which both of our wages get paid and where all the bills come from. We each have a personal account also, and every month an identical allowance is deposited by standing order for us to use as we wish. I used to earn a lot more than my fiance, but now he earns pretty much the same as me, but it didn't make a difference even from the start. We just saw it as we were both contributing and the money got taken from OUR money rather than mine or yours which I feel can cause daft arguments. |
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