Recent content by pauline801

Bill M I’d probably be looking at Vanguard VGS and ishares IVV.

I have definitely thought about buying something and renting it out. The issue is that I’d have to contribute to those mortgage repayments. The other thing is that I may not even be approved for a mortgage if that amount. I feel like I’m in a difficult situation as I have a decent(ish) deposit...

Againsthegrain in about 10 or 12 years I won’t need a 3 bedroom house. I’m aware that the prices will increase. I just didn’t think it was realistic to think that I could actually pay off $580k (approx) in 17 years. the repayments would be $3408 per month on a 17 year mortgage and I would’ve...

Just wondering if anyone has done something similar. I’m 49 and have about $95k that I was going to use for a deposit for a house. I’ve got 2 teens and I’m a single parent. Even with an ok deposit, it’s not really enough to buy in the part of melb where I want to buy unless I borrow at least...