Hi
does anyone know what is the average mortgage amount these days versus income.....
I think ours is the average, DH is freaking out.
Browse Forums Home Finance 1 Feb 07, 2012 4:11 pm Hi does anyone know what is the average mortgage amount these days versus income..... I think ours is the average, DH is freaking out. Re: Q re mortgage amount 2Feb 07, 2012 5:31 pm Hi, don't know figures (someone will) but it scares me the amount people are borrowing for their first home. A friends daughter just borrowed $400K. First home. Both partners work on average wages but they are young. What about when they start a family? From talk, average loan these days seems to be $300K. I'd be interested to know the real figures though. Depends on your circumstances as o what you are comfortable with. I guess if you are young and can pay a fair amount down before you have a family, that is an advantage. Re: Q re mortgage amount 3Feb 07, 2012 6:09 pm Here is a good thread on the subject viewtopic.php?f=1&t=46427 10 3792 |