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  1. #61
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    Quote Originally Posted by MinnieMouse81 View Post
    Our mortgage is huge.... this thread is freaking me out! I can't believe people have paid off so much
    No one on BH has as much debt as me! Imagine how I'm feeling!

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    We own our house but have a huge mortgage, and it's 80% of the purchase price a year ago - I don't think it's gone up in value in the last 12 months because we overpaid for it.

    In addition, we have 4 investment properties, all mortgaged at 80% of the last valuation done a year ago.. they are definitely worth more now (Bondi beach apartments).

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    Cue  (04-05-2017)

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    Default Do you own your own house?

    Quote Originally Posted by witherwings View Post
    We own our house but have a huge mortgage, and it's 80% of the purchase price a year ago - I don't think it's gone up in value in the last 12 months because we overpaid for it.

    In addition, we have 4 investment properties, all mortgaged at 80% of the last valuation done a year ago.. they are definitely worth more now (Bondi beach apartments).
    At least it's all good debt! We have a lot of debt too, not as much as you though i'm guessing. T freaks me out when I add it all up but it's actually all manageable and there's plenty of equity in there.

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