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@jesusismyfirstlove You pay a lot less interest if you dump money into the loan quickly. They'll charge you the same amount every fortnight, but every payment less of it is interest and more of what you pay pays off the principal, and it's compounding.

@jesusismyfirstlove Who only puts down 20% these days? Nobody can pay the repayments with that low a deposit. Many would-be first-home-buyers from as far back as the start of the boom in 2008 have very high savings after being locked out all this time but finally, finally scraping in. Edit: To...