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at 21 hes still wet behind the ears if his parents have to help him out....21 is still a kid in my eyes....at 21 most are still naive to what life has to offer... not saying you are doing anything wrong but no doubt if it all turns to crap he can fall back on you which is comforting as many...

now the full story is told..that makes a difference.. im not knocking the effort but i was concerned about the payment and living costs...still are. if he does get a wage increase that would be nice but im still of the opinion someone borrowing nearly $400 a week on such a low salary would...

yeap thats a nice leftover amount isnt it...not! i would touch that with a barge pole... so what happens if rates head to double digits down the track?? the kid will be back home in a heartbeat and the place will be sold off at a fire sale.. i honestly would not feel comfortable with...

what idiot lender would give someone $292k on a wage of $38k............ whats the kid gunna eat, rice?? no wonder people are in mortgage stress in some areas... i wouldnt sleep at night knowing my child was in this situation, seriously... the idea of buying is great but the finance...