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  1. #1
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    Default How long did it take you...

    To save for your deposit for a morgage ?

    How much did you save?

    Was this as part of a couple or by yourself?

    Were you gifted part of the money?

  2. #2
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    Subbing

  3. #3
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    Maybe people could give an idea on income when saving for deposit & other commitments ie kids/debt. If that's not too rude?

    I want to know who's brain I need to pick for how to save $$

  4. #4
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    We saved $25k in about 2 years but we were living rent free house sitting my parents'. I saved it myself really as DH didn't contribute - I was on about $35-$40k a year.

  5. #5
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    XH and i moved in with his parents for 2yrs & with our combined full time incomes saved $40000 for renovations on our unit & deposit for a 2nd one

  6. #6
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    He was earning $75000 and i was on $40000. Could have saved more on good money like that but we also had car loans & went on a few trips

  7. #7
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    My husband had saved about $120k before we met. He was saving for about 5 years.

    I had nothing saved. I was earning about $40k when I met my husband and had not long been home after living overseas for 4 years.

    He got a loan in his name only when we bought our first home. If we both borrowed, we could've got a $1million loan but instead bought a shoebox for $415k.

    If I had my time again, I would've bought the house we wanted, rather than do the sensible thing because I feel like we started again going an extension, whereas if we have bought our dream house first, we would have heaps paid off!

  8. #8
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    It took us 9 months to save 18k as a couple.
    We were not gifted any money.
    This was before we had children and we were both working full time and i was also studying at uni part time.

  9. #9
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    I didn't save for house deposit but I just recently saved $13000 for a surgery. On my own but I did live with my mum for a few months (still paying board, storage fees and telephone bill). I saved that money in less than a year. I can be a tight ar$e though

  10. #10
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    I bought a 1 bedroom unit for investment in Sydney for $68,000 at 21 ( this was in 1992!) i saved the 10% in 3 years but was living at home and not paying rent , I sold it in 2002 for $152,000 and bought a house for $515,000 with my ex DH , bought him out in the settlement and sold it for $900,000 in 2008 then bought our current house with DH , we still have a decent mortgage but own about half of it! DH also has an investment property that he bought at 21 ( we are both in real estate so bought/ sold at good times!)


 

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