What exactly is the criteria for "mortgage stress"? My repayments are about $20k a year, and im on 55k pre tax, which i am assuming will put me in this criteria. If you can live within your means its very do-able, and i have a mrs and 2 kids. Where people will get into trouble is all the other debt they have on top, that was used to fund a higher lifestyle than they could reasonably afford. Its the one with car loans and personal loans on top of a mortgage that will most probably be in trouble...
- Forums
- Property
- mortgage stress how sad
mortgage stress how sad , page-6
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)