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Approx monthly morgage cost???


Guest EM&M

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Guest EM&M

Can anyone give me an approx cost monthly that they are paying for a morgage, ie how many $ per month to borrow $100,000 etc??? I seem to notice that the interest rate there is higher than here. I am no financial wizard so just looking for a approx figure so that we can discuss if we should look to long term let (as on a temp visa) or if it would be best to plough that money in to buy and keep everything crossed they let us stay :wacko:

 

Thank in advance

 

Em x

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Guest Rachel&Stu

Hi Em:wink:

 

We go on www.realestate.com.au quite regularly (mmm..once a day!) and they have a pretty useful mortgage calculator option on there. It shows how much your mortgage would be for a certain amount mortgage over a certain amount years, and you can change both the mortgage amount and the time factor and see your payments alter accordingly.

 

Very useful!! Hope it helps...:cute:

 

Cheers,

Rachel

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