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, […]
Investing in stocks without understanding what is going on is betting in a casino which I don’t think you are into. It is very easy to turn your investments into dumb money as the ‘fear of missing out’ will drive you to questionable investments.
There are a myriad of investment opportunities for where the unwise can […]
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 […]