6397 replies to this topic

[Adam]

Id charge people like Shaz to come and use it, because he is so rich.


Would be paid off in no time!

If he didnt get lost after leaving the NB


Also, Making Epic tech and mech days, is just about a good enough reason to go buy one now, in anticipation!

[Shaz]

Only came into effect from the 1/6/11.

Basically, its irresponsible for a bank to give you a car loan, over a housing loan term.

$20,000 for 7 years @ 15% interest = $21,000 maximum interest payable.
$20,000 for 30 years @ 7% interest = $42,000 maximum interest payable.

Hence why, its more beneficial to put it at a higher rate, over a shorter term.

So, whilst you may think its frauding the bank,. I'm actually helping you not pay double in interest.

[Delete This Account]

Can't you just say your house is worth 30k more and use that extra dough to buy an STi? Or doesn't work that way in the NAB world?

[B4TT]

I really wanna get a hoist in there too!

Would that make me cool?

Fo Shiz, Pop put on in his garage, its awesome... not that I need it when I have a bunch in Dads shop

[Adam]

$$$$$$

A mate is putting a removable one in his parents garage.

I think i'm going to put it on the "dream shed list"

[B4TT]

What's wrong with an STi? You almost had sex with 6th gear when you drove Alex's.

Nothing wrong with the Sti at all!

Was just stating that a house in multitudes more epic AMS already has a house so the STi is a 'ing winning addition..
I didn't nearly have sex with 6th gear.... I made love to it.

[ams]

Can't you just say your house is worth 30k more and use that extra dough to buy an STi?

No but you can borrow for 'extra expenses'.

I told them straight out I was buying a new car and she said cool.

haha.

[B4TT]

After you push the stupid non-subaru out the way....into the dirt.

You are so sadly Subaru sighted sometimes

[Shaz]

Can't you just say your house is worth 30k more and use that extra dough to buy an STi? Or doesn't work that way in the NAB world?

We will only lend upto 95% of what the bank values your property at.

So if your house is valued by the bank at $500,000, the bank will only lend you $475,000. The rest you need to put in yourself (Commonly known as "The Deposit")

You can't borrow more then 95% of your total security (property)

[Delete This Account]

I'll deposit on your face in a minute.

[Adam]

You are so sadly Subaru sighted sometimes

+1

But i chose do ignore it.

[Morgan]

I would never use a 5% deposit.

20% absolute minimum

[B4TT]

hahaha I know that he's not that sad in real life, but don't get me wrong... some people think that Subaru's are the only cars worth owning... LOL

[Delete This Account]

I would never use a 5% deposit.

20% absolute minimum

That's what KT told me.

But I deposited 100%...

[ams]

We will only lend upto 95% of what the bank values your property at.

Yeh my house was valued at a fair bit more than I paid.

Familydiscountftw.

[B4TT]

I would never use a 5% deposit.

20% absolute minimum

I would, if I could ever by some miracle save a 5% deposit.. LOL

[Shaz]

I would ALWAYS recommend a minimum 20% deposit. You get assraped by QBE for lenders mortgage insurance on any deposit less then 20%.

Smart man Morgs.

[B4TT]

Can I borrow the 20% deposit?

**** I want a house now... with a garage.

[Shaz]

Can I borrow the 20% deposit?

**** I want a house now... with a garage.

If you get a personal loan for 20% deposit, wait 6 months, then use it.

Yes.

But I didn't tell you that.

[Delete This Account]

Can I borrow the 20% deposit?

**** I want a house now... with a garage.

Just curious.

Can you actually do that?

Borrow the deposit, then use that to start a mortgage?

Think of the repayments!