Quote:
Originally Posted by Unregistered
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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Thanks for the advice. That is on a conservative side. Still got other ad-hoc expenditure to carter for, and planning to reduce the loan amount should Sibor increases.
A lot of people had told us not to purchase EC as our first home but I guessed we bite the bullet and hopefully should enjoy the returns in future and of course the lifestyle benefits. And of course we both must stay employed I guess.