freya fraser
Joined: 5/21/2024
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Student loan repayment on rental income
I earn £35,000PA and on top of this I have a property rental income of £1500pm, I pay management fees on this of £180pm, mortgage repayments are £1777pm (Interest on the mortgage is £1475). If my student loan repayments are 9%, what do I owe in student loan repayments on the rental income? There is no profit as the mortgage & interest is so high.