Graph and download economic data for Mortgage Debt Service Payments as a Percent of Disposable Personal Income (MDSP) from Q1 1980 to Q3 2024 about disposable, payments, mortgage, debt, personal income, percent, personal, services, income, and USA.

Housing affordability in the UK has worsened notably since 2020, with the share of income spent on mortgage rising for first-time and repeat buyers. In 2023, homebuyers spent, on average, 20.6 percent of their income on mortgage payments, 4.4 percentage points higher than in 2020. This increase was higher for first-time buyers than for repeat buyers. House prices have soared since the COVID-19 pandemic, followed by a dramatic increase in interest rates. As fewer people can afford to buy a home, the number of mortgage approvals for house purchase has dropped.

The mortgage debt service ratio in the United States increased slightly, after dipping to the lowest value on record in the beginning of 2021. The ratio measures the mortgage debt service payments as a percentage of disposable personal income during a specific quarter and shows the financial burden placed on households by mortgage borrowing. In the first quarter of 2023, the total required mortgage payments amounted to approximately 3.93 percent of disposable personal income - almost half of the mortgage debt service ratio before the subprime mortgage crisis broke out in 2007.

United States - Mortgage Debt Service Payments as a Percent of Disposable Personal Income was 5.77% in October of 2024, according to the United States Federal Reserve. Historically, United States - Mortgage Debt Service Payments as a Percent of Disposable Personal Income reached a record high of 8.95 in October of 2007 and a record low of 4.37 in January of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Mortgage Debt Service Payments as a Percent of Disposable Personal Income - last updated from the United States Federal Reserve on March of 2025.

In 2023, Italians paid a lower percentage of their monthly income towards mortgage payment compared to the year before. On average, mortgage installments amounted to 18.1 percent of the monthly household income in 2023, down from 18.6 percent the previous year.

Graph and download economic data for Household Debt Service Payments as a Percent of Disposable Personal Income (TDSP) from Q1 1980 to Q4 2024 about disposable, payments, debt, personal income, percent, personal, households, services, income, and USA.

Around 19 percent of people who have mortgage pay 10 to 14 percent of the net income of their household. A share of 30 percent of people who plan to get a mortgage stated that their monthly payment will be more than 40 percent of the household's net income.

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Deciles of Income Before Taxes: Ninth 10 Percent (81st to 90th Percentile) (CXUOWNMORTGLB1510M) from 2014 to 2023 about percentile, mortgage, tax, expenditures, interest, income, and USA.

As at February 2024, couples aged 25 to 34 years old in Sydney, Australia spent an average of around 57 percent of their household income on mortgage repayments for an entry-priced house. In comparison, couples in the same age bracket in Darwin were spending around 29 percent of their household income on mortgage repayments for a house.

In 2023, the average monthly home loan repayments of working households with housing loan debt in Japan accounted for 16.6 percent of their disposable income. The share of mortgage repayments to disposable income per month increased by 0.6 percentage points.

This dataset contains quarterly median capital and interest payments as a percentage of income for first time buyers in England

This dataset contains quarterly median capital and interest payments as a percentage of income for first time buyers in England. The data is owned by the Council of Mortgage Lenders (CML)and permission has been given to publish to ODC.

This table is part of a series of tables that present a portrait of Canada based on the various census topics. The tables range in complexity and levels of geography. Content varies from a simple overview of the country to complex cross-tabulations; the tables may also cover several censuses.

According to a survey conducted among mortgage holders in New Zealand in July 2024, around 59 percent of mortgage holders had mortgage repayments greater than 30 percent of their household income. Borrowers with mortgage repayments that are 30 percent or greater than household income are considered at risk of mortgage repayment stress. Nonetheless, some borrowers may actively choose to pay a certain proportion of their income toward their mortgage to pay off loans faster.

This table is part of a series of tables that present a portrait of Canada based on the various census topics. The tables range in complexity and levels of geography. Content varies from a simple overview of the country to complex cross-tabulations; the tables may also cover several censuses.

This statistic shows the share of income spent on mortgage payments in selected metro areas in the Unites States in 2018. In 2018, Los Angeles, California was the third least affordable metro area because 43.7 percent of the median household income was spent on median mortgage payments. For comparison, this is higher than the 17.5 percent homeowners spent, on average, on mortgage payments in the United States in 2018.

The Housing Affordability Index, calculated by the Runstad Center for Real Estate Studies, measures the ability of a middle-income family to carry the mortgage payments on a median-price home. When the index is 100 there is a balance between the family’s ability to pay and the cost. Higher indexes indicate housing is more affordable.

For example, an index of 126 means that a median-income family has 26 percent more income than the bare minimum required to qualify for a mortgage on a median-price home. An index of 80 means that a median-income family has less income than the minimum required.

The percentage of households that pay more than 30% of their total household income on mortgage and other housing-related expenses.Source: American Community Survey Years Available: 2006-2010, 2007-2011, 2008-2012, 2009-2013, 2010-2014, 2011-2015, 2012-2016, 2013-2017, 2014-2018, 2015-2019, 2016-2020, 2017-2021, 2018-2022

In the first quarter 2019, musicians in Nashville needed to spend 28.1 percent of their salary on their monthly mortgage payment. Employed individuals in Nashville needed to spend 31.4 percent of their salary.

This is a special extract of the 2000 Census 5-Percent Public Use Microdata Samples (PUMS) created by the National Archive of Computerized Data on Aging (NACDA). The file combines the individual 5-percent state files for all 50 states, the District of Columbia, and Puerto Rico as released by the United States Census Bureau into a single analysis file. The file contains information on all households that contain at least one person aged 65 years or more in residence as of the 2000 Census enumeration. The file contains individual records on all persons aged 65 and older living in households as well as individual records for all other members residing in each of these households. Consequently, this file can be used to examine both the characteristics of the elderly in the United States as well as the characteristics of individuals who co-reside with persons aged 65 and older as of the year 2000. All household variables from the household-specific "Household record" of the 2000 PUMS are appended to the end of each individual level record. This file is not a special product of the Census Bureau and is not a resample of the PUMS data specific to the elderly population. While it is comparable to the 1990 release CENSUS OF POPULATION AND HOUSING, 1990: [UNITED STATES]: PUBLIC USE MICRODATA SAMPLE: 3-PERCENT ELDERLY SAMPLE (ICPSR 6219), the sampling procedures and weights for the 2000 file reflect the methodology that applies to the 5-percent PUMS release CENSUS OF POPULATION AND HOUSING, 2000 [UNITED STATES]: PUBLIC USE MICRODATA SAMPLE: 5-PERCENT SAMPLE (ICPSR 13568). Person variables cover age, sex, relationship to householder, educational attainment, school enrollment, race, Hispanic origin, ancestry, language spoken at home, citizenship, place of birth, year of immigration, place of residence in 1985, marital status, number of children ever born, military service, mobility and personal care limitation, work limitation status, employment status, occupation, industry, class of worker, hours worked last week, weeks worked in 1989, usual hours worked per week, temporary absence from work, place of work, time of departure for work, travel time to work, means of transportation to work, total earnings, total income, wages and salary income, farm and nonfarm self-employment income, Social Security income, public assistance income, retirement income, and rent, dividends, and net rental income. Housing variables include area type, state and area of residence, farm/nonfarm status, type of structure, year structure was built, vacancy and boarded-up status, number of rooms and bedrooms, presence or absence of a telephone, presence or absence of complete kitchen and plumbing facilities, type of sewage facilities, type of water source, type of heating fuel used, property value, tenure, year moved into house/apartment, type of household/family, type of group quarters, household language, number of persons in the household, number of persons and workers in the family, status of mortgage, second mortgage, and home equity loan, number of vehicles available, household income, sales of agricultural products, payments for rent, mortgage and property tax, condominium fees, mobile home costs, and cost of electricity, water, heating fuel, and flood/fire/hazard insurance.

Expenditure on rent by renters and mortgages by mortgage holders, by region and age from the Living Costs and Food Survey for the financial year ending 2022. Data is presented as a proportion of total expenditure and a proportion of disposable income.