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Saving up for a house.

So my previous house didn't work out, some shit went down with mold and faulty wiring so i'm saving up for a new place.

Thought you might want to follow along so you can start saving too. My wife and I have decided this time we want to buy a house that's ready to be moved - so that gives us the option of houses like this

http://www.warmanhomes.ca/property-item/...t-averill/
Spoiler (Click to View)

Or a house where someone has decided they wish to build their own place.

That particular house that's ready to move costs '$131,110' and houses that are RTM (older places) are usually around '$30,000' to '$50,000'.

A bit of land for these places in a decent area enough for that size house, you are looking at a ball park range of '$20,000' to '$100,000' again on top.

That gives a max total of around '$231,110' CAD (basing it off CAD) and around '$46,222' deposit for a home loan/mortgage of 20% deposit.

If you work out the minimum, and really do some research you can get that down to even '$50,000' CAD which could get you a house for '$10,000' deposit.

Taking into account the interest rate, that would be at the lowest around $110 a fortnight mortgage ($55 a week) while at the higher end being $507 a fortnight ($253.5 a week)

*This is all based on a 30 year mortgage and around 7% interest P.A.

I've talked quite a bit with the bank lately and my goal is to save up for my particular setup /house/land/ which works out to $110,000 CAD and my deposit works out to $17,554.97 (i'll be going for $20k)

This will ultimately make my rent go from $480 USD a week from what is now to $96.41 USD a week.

I am currently starting this 'challenge' at $0 and will keep it all in a single bitcoin address until the goal is achieved.

This might take some time.

This is officially starting today.

My current balance is $551.76 / $20,000 - I can't show proof of this obviously because Eagle 95 is being a fucking cuck but I will post it back up here soon.

Works out to be around $238 a day into this address/or monthly deposits in depending on for 84 days if I want this goal by new years.


Once I have my new house sorted - I will be saving close to $350 USD a week just from paying a mortgage as opposed to rent. I PROMISE - here and now, I will donate half of that every week for 3 months to people on HF.

For anyone seriously curious about this - check this site out in particular. While only in Australia right now, it will put you on the right path. Look at all the images/sizes and look at how much a bit of land would cost in your local area. Otherwise check the spoiler for 2 images of one place that is 3 bedrooms for around $40,000 USD
http://i-build.com.au/3-bedroom-house-plans/
Spoiler (Click to View)
Houses in the United States/Canada seemed rather big when I did a bit of research...

Is it just you and your partner? Or do you have kids, pets, ect....
I hope you're not paying over $100,000 for that property though.
Your buying a house that's literally on stilts?
[Image: hezQUJ3.png]
(Oct 7, 2017 04:15 AM)Pompeyo Wrote:  Houses in the United States/Canada seemed rather big when I did a bit of research...

Is it just you and your partner? Or do you have kids, pets, ect....
I hope you're not paying over $100,000 for that property though.

N/A to the situation but when it comes to how much for a particular property, the one I have lined up if I can get it before the end of January is a 4 bedroom fully modern box house with 3 bathrooms. It's a really decent place.

(Oct 7, 2017 04:18 AM)ArizonaIce Wrote:  Your buying a house that's literally on stilts?

No.
Good luck man looks like Texas where you from
FJB
Do you not have a job or something? Why on Earth, as an adult, are you relying on making money on this forum for a down payment?

You've done this before, too. Asking for donations for a fucking mattress.
Help me get the XEM Award and I’ll give you $10.
(Oct 7, 2017 04:56 AM)Mac Wrote:  Do you not have a job or something? Why on Earth, as an adult, are you relying on making money on this forum for a down payment?

You've done this before, too. Asking for donations for a fucking mattress.

I'm not asking for donations nor did I state anywhere that I am relying on making money on this forum?

I bought a $3k mattress/base funded from BTC only done from jobs I did for users on here. And?

(Oct 7, 2017 04:59 AM)'Suicide Wrote:  Help me get the XEM Award and I’ll give you $10.

Send the cash and you will have the XEM award no problem mate.
(Oct 7, 2017 05:15 AM)Mr. Robot Wrote:  I'm not asking for donations nor did I state anywhere that I am relying on making money on this forum?

I bought a $3k mattress/base funded from BTC only done from jobs I did for users on here. And?

You asked for $200 donations in your sig for a mattress. Me and many others remember it lol.

Quote:I am currently starting this 'challenge' at $0 and will keep it all in a single bitcoin address until the goal is achieved.

As I said, just curious. Do you not have a stable enough and successful career to pay for it normally, like other people? You should do, especially at your age.
(Oct 7, 2017 05:25 AM)Mac Wrote:  You asked for $200 donations in your sig for a mattress. Me and many others remember it lol.


As I said, just curious. Do you not have a stable enough and successful career to pay for it normally, like other people? You should do, especially at your age.

I never asked for $200 in donations in my signature? Not sure if you think i'm the other Mr. Robot or what mate. I had plenty of memers.

Of course I have a stable income, the difference being other costs come up and previously being fucked on our last house. I am simply setting a goal and trying to encourage other users at the same time.
Good luck. I one day hope to own a house.
(Oct 7, 2017 05:36 AM)Tree of Life Wrote:  Good luck. I one day hope to own a house.

Start saving as soon as you can man.
Hehe I'm expecting oh wait no I already know you're going to come back here sucking dick to pay the bills when you finally have your new "house". You broke you forever broke.
(Oct 7, 2017 06:18 AM)Ice Poseidon Wrote:  Hehe I'm expecting oh wait no I already know you're going to come back here sucking dick to pay the bills when you finally have your new "house". You broke you forever broke.

Just because I neg you, it doesn't mean you have to be an asshole all over the forum.
(Oct 7, 2017 06:18 AM)Ice Poseidon Wrote:  Hehe I'm expecting oh wait no I already know you're going to come back here sucking dick to pay the bills when you finally have your new "house". You broke you forever broke.

Your nose doesn't share the same postcode as your eyes... Why are you talking?


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