TopHot
Are we going to be in mortgage stress?
Are we going to be in mortgage stress? My girlfriend (23F) and I (26M) are in the process of getting finance to build a house. We are hoping to borrow 535k from the bank which our broker has said is 'no issue'. Ultimately we will initially be paying interest only repayments on the loan until it is finished. During this time we will simply be paying interest on the land + progress pay...
Category:
