@sinaloapaisa Yeah fair enough, I mean 700k minus 20% plus stamps, minus $120k in shares, pays off $400k in 5 years which is almost OP’s full taxable salary
Meh! Who cares
@loo Hold up? On $125k a year your taxable income is under $100k… and buying for $700k plus stamps and chucking 20% down , say circa $500k… so every dollar of your salary was put on the home loan?
Somethings not adding up here?
@loo How’d you pay it off on$125k a year and only purchased 4 years ago? Say you put down 20 % and loosely left $500k as the mortgage- that’s $100k a year in 4 years… on $100k a year salary?