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  1. #11
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    Oh that makes more sense- otherwise you were really cheap!!

  2. #12
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    It's all pretty much been mentioned. We are going through the same argh!!!
    Going by qld here.

    - Stamp duty is 3% of the buying cost of new property. You need this (you cannot rely on adding this into your mortgage)

    - mortgage insurance - you need this if your deposit is less then 20%

    - solicitor fees, between $500 and $2000 anymore and your paying to much.

    - moving. Wise to factor in $1000-$3000+ depending where.

    - Bank fees, set up etc

    - exit fees (ours were $700) can be up to $1000 also depends if your breaking a fixed loan.

    - agent fees, auction fees if you do this.

    It's quite alot.
    Last edited by 1CrazyMoose; 27-02-2012 at 21:33.

  3. #13
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    Quote Originally Posted by 1CrazyMoose View Post
    It's all pretty much been mentioned. We are going through the same argh!!!
    Going by qld here.

    - Stamp duty is 3% of the buying cost of new property. You need this (you cannot rely on adding this into your mortgage)

    .
    When I bought my first house (this one now) I only had enough saved for the deposit and borrowed the money for the stamp duty (inc in the loan). This was 7 years ago though (VIC).


 

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