I would prob speak with a broker to see what they advise you and what they think you can afford esp as the more kids you have the lower the amount you can generally borrow due to everyday living expenses being higher. We currently pay $2500 a month for our mortgage atm & thing will become tight once bubs is here but you make do
+ Reply to Thread
Results 31 to 40 of 43
12-07-2012 15:23 #31Senior Member
- Join Date
- Dec 2011
12-07-2012 16:03 #32Senior Member
- Join Date
- May 2012
$2000 per month for a $300,000 home loan.
It was less but we borrowed more to renovate.
I hate interest But Id rather own than rent so I am glad we have the opportunity to do so.
12-07-2012 16:38 #33
$265,000 house loan, $26,000 deposit, Total borrowed $239,000
We pay $1600 a month
(3br+office, 3car carport, large shed, 6acres)
12-07-2012 16:59 #34
We pay interest only 2k a month, then try to put at least 1.5k in the offset too. So we pay between 3.5-4k a month. On a 400k loan. Money is tight!
Sent from my HTC Sensation Z710a using BubHub
12-07-2012 18:36 #35
12-07-2012 18:56 #36
$2900 now at it's highest 3600
Sent from my GT-N7000B using BubHub
12-07-2012 19:03 #37-
- Join Date
- Sep 2010
Technically nothing as our tenants pay the mortgage.
12-07-2012 19:12 #38
$1,800 per month over 2 mortgages
12-07-2012 19:12 #39
A lot, but we have just done 175k worth of renovations so it feels like we are starting all over again.
If I could go back in time, I would have bought the house we wanted before we had kids, instead of being conservative and buying the shoebox that we did, as we had the capacity to pay so much more off back then as I was working full-time. We paid so much off our first house, and would be better off now. Instead, we did the "right" thing. Anyway...
Last edited by BigRedV; 12-07-2012 at 20:28.
12-07-2012 19:32 #40
Across two houses (home [Perth] & investment [Melbourne]) we pay approx $xx,xxx per month. Loans of around $x,xm
*please don't quote, will delete for privacy.
Last edited by babycart; 13-07-2012 at 19:39.
By CleverClogs in forum Family FinancesReplies: 13Last Post: 04-08-2012, 22:05
By 2BlueBirds in forum General ChatReplies: 12Last Post: 12-06-2012, 07:58
By mystical mumma in forum General ChatReplies: 0Last Post: 18-12-2011, 08:59
Maternity ClothesLooking to buy maternity clothes? :: Check the bubhub directory of local & online maternity clothes shops :: Find ...
LATESTWhy it is OK for your child to be differentWhat is a blessing way? How is it different to a baby shower?7 ways to break the ‘mumnotony’ at home
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
Miracle March TTC and Testing ChatConception & Fertility General Chat
Husband VentFamily & Friends
Loan for a businessFamily Finances
IVF babies due June/July/August 2017pregnancy and babies through IVF
IVF babies due Sep/Oct/Nov 2017pregnancy and babies through IVF
Love to dream-Swaddle Up bagsGeneral Sleeping & Settling Chat
Trying from monthsNon-IVF fertility assistance