Recent content by mickeyyou

  1. M

    Is having 2 mortgages serviceable?

    Thanks for the great advice everyone, it's given me a lot to think about! Well we definitely plan to get that PPOR and have paid off a decent amount of it before we decide to have any kids. We all know how expensive and time consuming they can be, not to mention the possibility of a reduced...
  2. M

    Is having 2 mortgages serviceable?

    We're on $115k combined before tax. This also includes our rental income. We're willing to do it tough for a year or two (if we do buy) and sacrifice on things such as holidays and cut back on dining out. But we definitely don't want to resort to eating 2 minute noodles and struggle through...
  3. M

    Is having 2 mortgages serviceable?

    My partner and I are in our 20s, both working full time and do not have any children and do not plan to have any within the next 5 years. We currently have an IP ($420k loan, interest only) which is negatively geared and are thinking of buying our PPOR within the next year (we are currently...
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