“Sometimes we’ve had to wonder if it’s worth it to be that financially stretched, just to have a house. I mean we want it, so badly, but at what cost?”
Their mortgage repayments are slightly over $600 a week, which was more than their $495 a week rental in Te Atatu, but they could afford it. NZ Herald
Stretched to the absolute financial limit at a time of record low mortgage interest rates. Real smart.
And buying at the ‘top of the market’. Even Smarter.