A Community for Brides Planning their Wedding in Australia

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Joined: Wed Feb 09, 2011 9:34 pm

Re: NWR- How much does your mortgage cost you?

Fri Jul 29, 2011 1:57 pm

jasmine&paul wrote:
good question i had never thought of this! Just looked at it & our repayment is 30% of our net income. We pay 50% though as we can afford to.

we were very lucky & got 21k off the first home owners building grant & sold FHs car & saved really hard for about a year we ended up with over 50k not that it matters now our account has a very big debt!!

We were lucky too and got about $30k in first home owners grant!! This really helped getting finance as they count it towards your deposit.
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