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Xr6t And A Mortgage?


Worm

Do you have a mortgage/house as well as your T?  

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  • A much better forum
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  • Member For: 16y 6m 30d
  • Gender: Male
  • Location: Victoria

Oi... Who posted "my daddy gave me a T " ?

He looking to adopt??? :spoton:

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  • BIGRED
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  • Member For: 17y 10m 30d
  • Gender: Male
  • Location: Sth East Melb

I still live at home but I have a rental property I bought with my sister and we've got tennants in it now that's gettin paid off also borrowed money off my old man for the T and paying him back! theres no vote option for that :(

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  • Legendary member!!
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  • Member For: 18y 1m
  • Gender: Male
  • Location: Dianella, West Oz

Iv put my vote down for 'living at home but own a T'. I still pay board though so not sure if you could class that as rent?

Six months ago I was 'renting and own a T', but moved back to parents before my trip to Europe so I could save some dosh.

Hopefully early next year, ill be in the 'have a mortgage but own a T' stage. Im only 22 and want to get on the property ladder asap and while the housing market is down & cheap but I have owned my T for about 2 years so I figure im doing pretty well!

Im with most of the younger guys though in that if I do the right thing with my money now, hopefully ill have paid off a good chunk of mortgage in a few years and will be able to enjoy my money when im a little older.

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  • Member For: 17y 10m 9d
  • Gender: Male
  • Location: Caracciola Karussell
I doubt most young guys are just bludging at home while wasting their hard earned on a car alone...

:spoton:

That was me until 23... Then I got a loan for the T (dont owe a lot on it now) and wasted all my money over the last 18months. Well perhaps half was just wasted and half was put towards new toys, some holidays etc

I live at home, still gotta pay rent (and it certainly isnt cheap) but until I can afford a decent house in a decent area I have no choice. I like living at home, its like a hotel and my parents never hassle me or anything :)

Late next year, hopefully the loan will be paid off and I'll sell the car and blow a house deposit on seeing the world and experiencing things I couldnt experience in Australia.

Edited by Mat
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  • Good for nothing member
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  • Member For: 20y 7m 28d
  • Location: Sydney

I bought the T before I bought the house. Paying off a 300k mortgage in sydney. I've tried to be sensible with my money, never had credit cards and always said I'd never borrow money unless it is for a house. the girlfriend and I have 3 cars but want to update two of them but with all the doom and gloom talk we can hold off and make extra repayments on the home loan while interest rates are falling.

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  • A much better forum
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  • Member For: 16y 6m 30d
  • Gender: Male
  • Location: Victoria

I would hate to be buying a house now... They are so damn expensive...

Would be nice if wages went up with the price of houses... but they go up by 3-5% a year, whilst houses (CAN) go up 20% a year, but rarely drop in price...

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  • Member For: 18y 7m 20d

sh*t I ticked the wrong option. I have a morgage and own my T outright.

My misuss and I both work full time, got two kids (7 and 13) and wife and I are both 32.

I just bought my T the other day, payed 'cash' in a round about way. Took a bank loan to pay for my new sodablasting buinsess which included (oh what a shame) having to buy a ute :) but that loan will be payed off (but off mortgage) when my redundency and super comes through in the next week or two.

otherwise we also own 100%, our '97 RX7 (single turbo etcetc), '88 RX7, 78 RX7, 78 323 hatch, 2x JC Cosmos and a 91 V8 VN SS Commonwhore . Dont worry most of the cars are in various states of (lack of) build lol.

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  • Member For: 17y 5m 12d
  • Gender: Male
  • Location: Here

I'm 26 bought my t(still stock) 18 months ago payed cash. I have a second car for work(own) and a mortage for two properties. One we live in the second just land. I wanna build on it. If ya smart and careful with ya cash anything is possible.

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  • Drift Queen
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  • Member For: 17y 2m 5d
  • Gender: Female
  • Location: Perth

live with my parents, pay board though so mite as well rent. Have finance for T and a bank loan on top of that which was stupid, that's why I can never afford any mods cos repayments are killing me. I need to combine the two I think but dont no where to go or who to contact to do it..help anyone??

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