trivialator
New member
Can anyone wade in here. I have my mortgage split into 6 parts (mostly as top ups). It has kinda just come about as we have fixed for 18 months each time. It's sort of worked out like the debt snowball, e.g when the 1.5 year loan is paid all that goes onto the next one. Is this a wise set up or am I doing something catastrophically bad here?
$10200 at $256 per f/n for 1.5 years
$6773 $80 per f/n for 3.5 years
$9300 at $80 for 5 years
$14289 at $85 for 8 years
$8716 at $32 per f/n for 14 years
$175,500 at $606 per f/n for 21 years
$10200 at $256 per f/n for 1.5 years
$6773 $80 per f/n for 3.5 years
$9300 at $80 for 5 years
$14289 at $85 for 8 years
$8716 at $32 per f/n for 14 years
$175,500 at $606 per f/n for 21 years