Jump to content
SAU Community

Mugabetown - Whoretownin' At It's Worst.


Recommended Posts

im looking to do it differently.

similar price bracket, but near on 50% deposit, because smaller loan means less interest to the bank.

It's why I want a 20% deposit. I can get away with only a 3% deposit, but I did the maths.

If I change the deposit from 10 to 20%, at my repayment rates, I delay purchasing the house buy 12 months, BUT I actually end up owning the house in 12 months less, meaning I pay the house off 2 years quicker then I would have before... If I'm paying it off 2 years early... Think of how much I'm saving straight up...

Reason I won't go for a bigger deposit, if I plan to stay where I am for an even longer period, I'll need to find my own place to rent, so while I am avoiding paying rent, that's going into savings and making the dream sooner... LOL

Debt shop. Move money around to lowest possible repayment figures. 0% credit cards and don't borrow anymore for a while. It reduces debt levels and increases good repayment history. Serviceable debt isn't the enemy, it's just people never plan for things like: what if I lost my job tomorrow.

agreed. Or other factors they could not foresee

It's why I want a 20% deposit. I can get away with only a 3% deposit, but I did the maths.

If I change the deposit from 10 to 20%, at my repayment rates, I delay purchasing the house buy 12 months, BUT I actually end up owning the house in 12 months less, meaning I pay the house off 2 years quicker then I would have before... If I'm paying it off 2 years early... Think of how much I'm saving straight up...

Reason I won't go for a bigger deposit, if I plan to stay where I am for an even longer period, I'll need to find my own place to rent, so while I am avoiding paying rent, that's going into savings and making the dream sooner... LOL

if you have 20% or more you also can forgo the insurance for the deposit which you have to get if you go in on a tiny deposit.

Debt shop. Move money around to lowest possible repayment figures. 0% credit cards and don't borrow anymore for a while. It reduces debt levels and increases good repayment history. Serviceable debt isn't the enemy, it's just people never plan for things like: what if I lost my job tomorrow.

Yep, I consolidated about 9K worth of debt maybe 3/4 months back onto a 0% credit card. Didn't make a single repayment on it for 6 odd weeks. In four weeks time it will be 100% paid off, and at the same time I'm clearing another personal loan. Unfortunately it's too large of a debt to shift onto a 0% credit card at this stage, but should be cleared by around April next year based on selling one of my cars.

It's why I want a 20% deposit. I can get away with only a 3% deposit, but I did the maths.

If I change the deposit from 10 to 20%, at my repayment rates, I delay purchasing the house buy 12 months, BUT I actually end up owning the house in 12 months less, meaning I pay the house off 2 years quicker then I would have before... If I'm paying it off 2 years early... Think of how much I'm saving straight up...

Reason I won't go for a bigger deposit, if I plan to stay where I am for an even longer period, I'll need to find my own place to rent, so while I am avoiding paying rent, that's going into savings and making the dream sooner... LOL

its simple really. The bigger the deposit the better the Banks will love u!

Biggest hint... if ever Esanda try to put you in a new car and can only offer you silver rate, but will specially upgrade you to gold rate. say fu and ask for platinum or you walk lol

interesting

One good thing about debt is that it permits you to have more disposable income and buy things that you can enjoy whilst you don't have osteoarthritis and need a hip replacement :)

depends what u acquire through debt finance.............usually bricks and mortar

depends what u acquire through debt finance.............usually bricks and mortar

bricks and mortar always a wise investment. market in Sydney atm is a sellers paradise, but buyers worst nightmare. A buyer now is unlikely to make any short term gain. Invest in govt bonds.

Having said all this, I blow every last cent on stupid stuff. here's a case in point, I have it fixed in my head that I need an R34 GTR, but one that will appreciate over a long time. So I started looking for a Millenium jade nur m-spec. Then I get in contact with a mate who says that the Endless Drag GTR is available, essentially a highly modified 99 V-Spec. 82k imported, so I make a few calls and confirm. Now, most ppl would agree very cool car, but if that engine blows all you're left with just another white, blown motor 99 V-Spec. At this point most ppl come to their senses. Me, I think ohhhhh this one's fast, fcuk it I'll finance to lessen the risk. This is exactly why, I am the worst person to listen to for financial advice.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



  • Latest Posts

    • Totally equivalent. Stock often goes from the comp cover because that's where the actuator is also installed and the factory needs 2" of hose to make the connection - and it comes as a pre-assembled unit. They totally have a boost reference from somewhere between the turbo and the throttle(s). Oh, jeez. Just do it in M12 then. We don't actually care that much. I would expect any such AN converter fitting to rely on an o-ring or some other seal onto a flat surface under the flange of the hex**, because bolt threads are no intended to provide a pressure seal. unlike..... pipe threads. **which also requires a suitably flat and smooth surface on the turbo's boss to provide the seal.
    • I also used NP   That’s were it’s seems to be the best place to fit it? All schematic shows also that it’s should be referenced from the turbo housing. But idk, I do see high hp cars without any connection or anything to their turbos, so I really don’t know how they connect their things
    • I do have loctite 243 and 246 and a few more models. I could drill it now in place and make new threads for m12 and order an4 - m12 coupling and fit that to the turbo. Run a braided hose to the EBC which I could get a an4 to 1/8npt 
    • So M12 and sealant should be fine?    NPT ” because that’s what I had and what I could get atm. 
    • Wouldn’t touch par if they gave it to me. You need to ask how much power you’re looking to make and then add about 50% to it because that’s what you’ll end up making  The factory box says no more at about 350kw or so, the upgraded synchro boxes won’t handle much over 500kw for long and at that point you’re looking at an auto or dog engagement manual,  once you’ve gone dog engagement you may as well go sequential, they cost a little bit more but it’s worth it  also while you’re at it you should upgrade the transfer case with 10 friction plates 
×
×
  • Create New...