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Reply: 1.1.1.1 From: Duanne Ginger Thanks, not much eh? but its good to have the facts... DG

Reply: 1.1 From: Duanne Ginger Rolf, The house is worth 170k, but to be conservative lets say $160k? I owe $120k thanks DG

From: Duanne Ginger Hi all, I purchased a house in Perth 2 yrs ago and it has increased by about 35k (not much compared to Syd/Mel/Bris, but high in percentage terms). In the two years I have lowered my mortgage by 10k. By my simple maths I then have 45k equity in my house. Is this correct? I...