caughtinatrap
New Member
- Messages
- 3
Repayments have increased €320 over last year. Would appreciate any advice and guidance.
Income details
Net monthly 5125.80
Net monthly 4845.80
Amount of child benefit received €280
Amount of Mortgage Interest Supplement received 0
Personal circumstances so we can calculate your reasonable living expenses
The Insolvency Service has published Guidelines for Reasonable Living Expenses based on the family size, whether or not you need a car for work, childcare costs and other exceptional circumstances. By filling in this information, we (or you ) can calculate what your reasonable monthly living expenses should be.
Two adults & 2 C
Do you need a car for work or do you use public transport? Cars x2
Number of 4 - 11 years old: 1
Number of 12 - 18 years old: 1
Monthly childcare costs: 200
Monthly spend on special circumstances: e.g. exceptional healthcare costs - 300
Home loan
Lender: Pepper
Amount outstanding: €261 K
Value of home: €300K
Interest rate: specify whether tracker or SVR or fixed rate 1. ECB + 6.25% 2. 7.30%
Monthly repayment 1219.30
Amount in arrears 0
Summary of discussions and agreements with the banke.g. in Marp Warehouse Mortgage since Jan 2019 No missed payments
Credit Union
Amount of shares 0
Amount of loan outstanding 13083.86
Monthly repayment 354
Term left 4 years
Other loans and creditors - delete those which don't apply to you
Family loan - 2500
Family loan - Paused repayment
How important is retaining the family home to you?
I really want to keep the family home even if it means having a large mortgage and negative equity for years to come.
What is your preferred realistic outcome?
All help and advice welcome.
Income details
Net monthly 5125.80
Net monthly 4845.80
Amount of child benefit received €280
Amount of Mortgage Interest Supplement received 0
Personal circumstances so we can calculate your reasonable living expenses
The Insolvency Service has published Guidelines for Reasonable Living Expenses based on the family size, whether or not you need a car for work, childcare costs and other exceptional circumstances. By filling in this information, we (or you ) can calculate what your reasonable monthly living expenses should be.
Two adults & 2 C
Do you need a car for work or do you use public transport? Cars x2
Number of 4 - 11 years old: 1
Number of 12 - 18 years old: 1
Monthly childcare costs: 200
Monthly spend on special circumstances: e.g. exceptional healthcare costs - 300
Home loan
Lender: Pepper
Amount outstanding: €261 K
Value of home: €300K
Interest rate: specify whether tracker or SVR or fixed rate 1. ECB + 6.25% 2. 7.30%
Monthly repayment 1219.30
Amount in arrears 0
Summary of discussions and agreements with the banke.g. in Marp Warehouse Mortgage since Jan 2019 No missed payments
Credit Union
Amount of shares 0
Amount of loan outstanding 13083.86
Monthly repayment 354
Term left 4 years
Other loans and creditors - delete those which don't apply to you
Family loan - 2500
Family loan - Paused repayment
How important is retaining the family home to you?
I really want to keep the family home even if it means having a large mortgage and negative equity for years to come.
What is your preferred realistic outcome?
All help and advice welcome.
