Search found 3 matches

by Jevan
Wed Jun 12, 2019 6:38 pm
Forum: Home Loan Forum
Topic: How to buy a house as a millennial with a low deposit?
Replies: 5
Views: 935

Re: How to buy a house as a millennial with a low deposit?

One final thing, is the LMI payable upfront or can it be added onto the home loan?
What will the LMI amount be in our case?
by Jevan
Wed Jun 12, 2019 4:12 pm
Forum: Home Loan Forum
Topic: How to buy a house as a millennial with a low deposit?
Replies: 5
Views: 935

Re: How to buy a house as a millennial with a low deposit?

Cool. The postcode we’re looking to buy is 2480. You’re postcode calculator spit outs “medium risk”, what does it mean?
by Jevan
Wed Jun 12, 2019 1:40 pm
Forum: Home Loan Forum
Topic: How to buy a house as a millennial with a low deposit?
Replies: 5
Views: 935

How to buy a house as a millennial with a low deposit?

Hi, I work in IT as a hardware technician earning roughly $47k plus super while my wife earns $52k. We’re stuck on a rental cycle paying off someone else’s mortgage. The problem is we’ve only been able to save up a $22,000 deposit which is barely 5% of property prices near where we live. Our financi...

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