24/04/2026
๐๐ก๐ข๐ง๐ค๐ข๐ง๐ ๐จ๐ ๐ฐ๐จ๐ซ๐ค๐ข๐ง๐ ๐ฅ๐๐ฌ๐ฌ ๐จ๐ซ ๐ญ๐๐ค๐ข๐ง๐ ๐ ๐ฌ๐๐๐๐๐ญ๐ข๐๐๐ฅ? ๐๐๐ซ๐โ๐ฌ ๐ฐ๐ก๐๐ญ ๐ข๐ญ ๐๐๐ง ๐ฆ๐๐๐ง ๐๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ฆ๐จ๐ซ๐ญ๐ ๐๐ ๐ ๐ โ๏ธ
If you reduce hours (or take unpaid leave), your income dropsโbut your fixed costs keep going, including your mortgage.
So before you book the trip or sign the HR form: list your monthly income + expenses and check if it still works.
Key takeaways:
โช๏ธ You must keep paying your mortgage, even if your income temporarily disappears.
โช๏ธ Your net income can change because payroll tax credit may be applied differently when you work less.
โช๏ธ You donโt have to inform the bank about a temporary income drop as long as you keep paying.
โช๏ธ A possible solution during a sabbatical: temporarily rent out your home so you can keep covering the mortgage without draining savings.
Considering a move too? Talk to your mortgage advisor - ๐๐จ๐๐๐ฅ ๐๐ฒ๐ฉ๐จ๐ญ๐ก๐๐ค๐๐ง that is - early timing matters.
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