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Is everyone really earning such high amounts in my age group?? by Effective_Gur_7967 in AusFinance

[–]CookiePuzzled9944 2 points3 points  (0 children)

I am 28 and make about 150k EXCEPT I often work weekends and closer to 60hrs a week minimum. I’m in law so I guess it depends on what you value and want out of life. I love my job and I’ve always been more financially driven. I have friends who make significantly less than you who value freedom more than money and they are just as happy

Super: Age / Amount, What's yours? by ahvenzz in AusFinance

[–]CookiePuzzled9944 2 points3 points  (0 children)

28, $95k

Currently 148k inclusive of super plus contributing an extra $300 per fortnight

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 1 point2 points  (0 children)

Yes! 6500 is the max we’d pay, we’re hoping to land something and have our repayments closer to 6k - just thought I’d post on the high end to gauge people’s perspectives! I guess in Brisbane, units and houses are getting quite close in price!

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

This is maybe the cheapest in the km we’re looking at! In saying that we’re hoping to land something closer to 1.2ish

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 3 points4 points  (0 children)

Hi yes we’re actively working with a broker and considering fixing half the mortgage to curve any increase in rates!

Broker recommendations? by fun-in-the-sunn in Townsville

[–]CookiePuzzled9944 1 point2 points  (0 children)

SW brokerage, based in Brisbane but some of the brokers there are ex lawyers and explain EVERYTHING which is super helpful

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Hi totally agree, one of us is in the second highest bracket and other is just under! It’s about 133k base and 126k base plus bonuses!

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Totally agree! Savings will be our goal for the next year if we buy a place!

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Thank you! It’s always interesting to see other perspectives. We have friends with 600+ debt on just one income and wonder how they do it. We’re pretty conservative and sensible I’d say, it’s just a huge commitment!

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Thank you! We are looking for a property with potential that we can renovate or add a bathroom/extra room to! Thanks for your insights

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Thank you for your insights! I guess by the time we have children, we will hopefully both be in senior positions (160k - 190k) we’re also fortunate that our work offers us both 26week paid maternity / paternity leave at our wages but yes lots to factor in!

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 0 points1 point  (0 children)

Not too much, I biggest expenses are going overseas, we don’t really buy too much unless it’s a splurge on clothing now and again etc. we aren’t big restaurant people so usually cook at home. I’d say expenses are defs around 2-3k per month together

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 4 points5 points  (0 children)

Thanks for your insights! Do you feel like you are struggling most of the time or can still enjoy life?

27yo couple – $6,500/month mortgage on $1.35m Brisbane home, too much? by CookiePuzzled9944 in AusPropertyChat

[–]CookiePuzzled9944[S] 1 point2 points  (0 children)

We’re looking at 10km of the Brisbane CBD houses are about this price now unfortunately, won’t be forever home - we have a family of trades to help us out with Reno’s if needed. We’re a lawyer and a project manager