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Old 13-01-2014, 04:58 PM
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Your mortgage will be about $2k pm and your car loan and expenses will be about $2k pm. In total, you pay $48k pa. You have plenty left for food, holidays, etc. Some more you pay will rise to $300k pa by the time you reach 40.

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Originally Posted by Unregistered View Post
Hi

My spouse and I are 30 years old, with combined income of about 120k pa (exclude bonuses). We both worked for the civil service.

Bought an EC at Punggol in early 2012, for about $800k, expected TOP in 2015, with bank loan of about $600k. Planning to get a 2nd hand car when house is ready, yearly holidays and probably kids in a few years time.

Not sure if we are able to live comfortably with our finances? For your advise and comments please.

Thank you.
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