warnie 40% repayment on 20% is normal. thats just like double.
you borrow $300K you will end up paying $600K back to the bank over the 20 odd years the loan.
The thing here is, if your house doubles or tripples in that time you end up paying 600% back on what you borrowed, which works out a interest rate of 24% which you cant negative gear each year.
ouch!!
