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Australian answers only as its only relevent if you know the market here in australia.
I'm in Perth, working but looking for a higher paying job in the mining industry very soon, My boyfriend and I are renting ($175 a week soon we are moving soon so rent will be about $250-300 p/w) but i just hate the fact that I' throwing money away and paying off someone elses mortgage when i could be buying my own house brick by brick. I was thinking of getting a long term home loan to make the repayments affordable but i know that i will end up paying so much more in interest. does any one know of a good loan with no early repayment fees, ie, if i start off only paying mimimum payments but later on i feel as though i can pay off a lot more per payment i wont get hit with massive fees.

sorry its such a long question....
thanks!!!


any one who has bought a house in my situation please give me feedback on how its working out for you!!

2007-03-15 04:48:37 · 1 answers · asked by kaoss x 2 in Business & Finance Renting & Real Estate

I dont want to move states or move regional/country either

2007-03-15 04:49:07 · update #1

1 answers

Yes it is beats paying rent for the rest of your life you feel free in your own home good Investment do it buy go for it all my best to you good luck

2007-03-15 05:49:24 · answer #1 · answered by pattibcacl 6 · 0 0

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