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'So then we bought a house' posted by EofW - 19/06/2014, 03:45:29

CURRENT MESSAGE

Now all you have to do is...
Pay double the basic mortgage repayments and get an offset bank account so that every penny you save us subtracted from the principal loan amount each month meaning you pay less interest overall each payment.

We've done that with all 3 of the houses we've owned (including our rental-investment house) and paid them all off in about 5 years each...!

This my current house --> http://www.forcerealestate.com.au/Buy/Search/Detail.aspx?id=4423&wlid=874e3ccf-bf4d-4700-bc83-2c956c963f7b . Currently valued now at about $1.2 million (that's the previous owners furniture etc of course)

I colour stuff...




AUTHOR OF THIS MESSAGE
Little green man

MESSAGE TIMESTAMP
19 june 2014, 13:30:07

AUTHOR'S IP LOGGED
120.145.207.97




REPLIES TO THIS MESSAGE

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01                   - Bundha - 20/12/2014, 00:29:53terminator
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Is there any way you - Koko - 16/12/2014, 23:14:17terminator
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We went through this in September :0P - EofW - 20/06/2014, 02:16:53terminator
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Offset account? - Eri - 25/06/2014, 18:06:47terminator
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Oh my God. this is r - Netty - 20/12/2014, 07:44:00terminator
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that nowadays, hand  - Ashley - 17/12/2014, 12:29:21terminator
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They're pretty cool - EofW - 26/06/2014, 03:07:11terminator
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You are very confuse - Barb - 19/12/2014, 05:51:41terminator
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Property taxes are t - Andrea - 16/12/2014, 15:30:55terminator
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Thank you both, that's very helpful. - Eri - 27/06/2014, 23:32:29terminator
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Offset accounts are... - Little green man - 26/06/2014, 02:44:02terminator
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The answer is   NO   - Win - 20/12/2014, 04:53:32terminator
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I love your app, but - Darion - 17/12/2014, 07:37:34terminator
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We'll the mortgage system in the UK pretty much sucks then... - Little green man - 21/06/2014, 03:20:25terminator
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What makes you say that? (N/T) - EofW - 21/06/2014, 04:09:35terminator
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The short sale, by i - Joao - 19/12/2014, 07:00:15terminator
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You cannot do a shor - Milk - 16/12/2014, 16:47:42terminator
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Because here in Oz an offset account is pretty much the default with a mortgage,... - Little green man - 21/06/2014, 08:25:46terminator
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If your lender will< - Alara - 20/12/2014, 19:10:26terminator
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You can get your cre - Vanesa - 17/12/2014, 19:28:05terminator
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They don't suit most people - EofW - 26/06/2014, 03:36:41terminator
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Hi Ryan,The descript - Achraf - 16/12/2014, 23:08:56terminator
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Overall, it still seems much easier to get a mortgage here than in the UK... (N/T) - Little green man - 29/06/2014, 13:55:41terminator
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If your lender will< - Jawad - 20/12/2014, 07:33:12terminator
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It's the best time t - Alexis - 17/12/2014, 11:00:02terminator
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As it happens... - EofW - 03/07/2014, 00:28:13terminator
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Your chances of bein - Makshuda - 19/12/2014, 23:28:29terminator
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Do you need a loan a - Joe - 16/12/2014, 23:18:59terminator


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