We bought our first house today!

[bobselectric]

Excellent buddy! Nice looking place and my advice is to do some stuff yourself, Can't beat the sense of accomplishment for a project well done. Probably save some $$ too.

Another way to save a little more is to pay down your principle each month. One extra payment a year, earmarked towards the principle only, cuts 7 to 8 years off the length of the loan

[*MAD DOG*]

Originally Posted by jclo3313

Good deal mate! Congrats!

Thanks man

Originally Posted by bobselectric

Excellent buddy! Nice looking place and my advice is to do some stuff yourself, Can't beat the sense of accomplishment for a project well done. Probably save some $$ too.

Another way to save a little more is to pay down your principle each month. One extra payment a year, earmarked towards the principle only, cuts 7 to 8 years off the length of the loan

The rent where we are at the moment is higher than the mortgage we will have, so we'll just keep paying the same amount and pay the mortgage off sooner.