Your thoughts on the below will be greatly appreciated:
I have just turned the big 3 0 (30 years old), bought my first house at 29 years old. I am paying more than my min mortgage repayment.
I still owe $347k (Mangere East, Auckland - 3 bedroom), min repayment is $950 fortnightly, I am currently paying $1280 fortnightly @ 5.79% fixed until Oct 2016. Going by this rate i will have the house paid of on or before I turn 44 years old.
Who owns there home outright? if so, how old are you?
I have just turned the big 3 0 (30 years old), bought my first house at 29 years old. I am paying more than my min mortgage repayment.
I still owe $347k (Mangere East, Auckland - 3 bedroom), min repayment is $950 fortnightly, I am currently paying $1280 fortnightly @ 5.79% fixed until Oct 2016. Going by this rate i will have the house paid of on or before I turn 44 years old.
Who owns there home outright? if so, how old are you?
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