Oct 7, 2017 04:13 AM
(This post was last modified: Oct 15, 2017 07:40 PM by Mr. Robot.)
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)
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)


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