Monthly Archives: March 2020

2303, 2020

Pay your mortgage off in 15 years- yeh right.

By |March 23rd, 2020|0 Comments

 

30 Years vs 15 Years of Payments on a mortgage of $400,000 at a 5% interest rate

30 Years of Payments
15 Years of Payments
15 years paid fortnightly

Monthly Payment
$2,147
$3163
$1582 fortnightly

Total Interest
$373,000
$169,000
$148,000

 

I am not kidding, this is what you will eventually do, if you are clever.  To get a mortgage you may sign yourself up to the devil, […]

2303, 2020

Follow Warren Buffets advice on investments

By |March 23rd, 2020|0 Comments

Warren Buffet, called by many as the “greatest investor alive today” has always been open about the way Berkshire Hathaway invests.  Pouring over his annual reports, I have developed this checklist to help me gain an insight into Warren Buffet’s approach.  Whilst this checklist has not been reviewed or approved by Mr Buffet I am […]

2303, 2020

20 tips when buying your first home

By |March 23rd, 2020|0 Comments

Know your credit score

Your credit score is one of the biggest factors in what your loan terms will be. Know your score before you ever try to get a loan, and take the time to repair it as there will be errors ( 4 out of 5 contains errors). Noticed a small mistake? No […]