Extra costs to include in the construction loan

mrkura · Sep 03, 2009 1:42 pm

Hi.

I am building a new house and have questions with connecting the home phone line

Does anyone know about the home phone connection cost?
Does it has to be with Telstra at the very first?
How much does it is going to cost me?

I have browsed to Telstra website and said that if I am building a new house, I might need trenching to connect the phone line, which cost me approximately $275 on top of the Telstra connection fee of ($300).
Does anyone if I need a trenching or not?

Thank you

aLLaNNa1 · Sep 04, 2009 2:17 pm

First_Timer_Ray

I don't know if it's worth it... I suppose it depends how desperate you are to get these sort of things done. If it's in your home loan and you don't pay it off as extra payments, all of those extras are being charged at +7% interest over possibly 25 or 30 years.

Do you mean that if you've borrowed extra to cover stuff like flooring, airconditioning etc etc....then the final amount is less than expected...that you would immediately make extra payments to reduce the loan amount? so confused... ::wornout::

Beebob · Sep 22, 2009 2:52 pm

Thought I would give this thread a bump.

Don't want people to forget to budget for some things.

I certainly have... I think I will be using some fishing line as a clothesline