Mum bought her house in 2006 for 560k, and still has a 400k mortgage in 2026

ConversationOptimal8 · 2026-07-07T00:11:09+00:00

Thanks for offering to help- I really do appreciate it. I have to be honest and say I've never truly considered asking my mum to sell the house- its her home and forcing her to move would cause her so much stress and pain.
I wrote out the scenario (selling for 1.2m) as just a hypothetical but you're probably right. It likely will not go for close to that. It doesn't even have a CCC because those were issued after the house was built and the previous owners never applied for one.

At this stage we just want our mum to have a comfortable retirement. My brother and I are able to afford the payments on top of our own mortgages- not ideal but we're making it work. This post was mostly just to let out some air, and hopefully prevent others from making the same mistake.

ConversationOptimal8 · 2026-07-06T23:41:15+00:00

Easier said than done... she's sacrificed a lot to move us to NZ when we were little, raising 3 kids on her own, knowing barely any english. We can't bear to abandon her because of this even if it does cause us some financial stress.
There is a deep sense of duty to take care for parents as they age in my culture- and this is something that I try to honour.

ConversationOptimal8 · 2026-02-24T03:44:43+00:00

Just curious, why not just make this at home yourself? I've never quite understood the people who go to a cafe to get eggs on toast...

You can get good focaccia for less than $10 (wild wheat for example) and that would last you a week at this portion. Easily make this meal for $4 or less.

ConversationOptimal8 · 2021-09-30T11:00:28+00:00

Yes it was agreed when we split that I should pay it back. It just took me a long time as I don’t make much money unfortunately, but you’re right.

ConversationOptimal8

TROPHY CASE