Birds Posted May 23, 2017 Share Posted May 23, 2017 7 hours ago, TiTAN said: So a massive gate and massive sliding/folding glass doors across the whole back of the place? It seems like a fine stage from which to show off your efforts in the gym, at least thats the first reason you would want it that comes to mind. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831032 Share on other sites More sharing options...
Birds Posted May 23, 2017 Share Posted May 23, 2017 24 minutes ago, emts said: small side garden I see to work on. the empty lot next door is that part of the park or will some-one build on it? Park - only have one neighbour. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831036 Share on other sites More sharing options...
emts Posted May 23, 2017 Share Posted May 23, 2017 very nice. 1 Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831040 Share on other sites More sharing options...
TiTAN Posted May 23, 2017 Share Posted May 23, 2017 first home buyers duty reduction. you get 50% off if it your primary place of residence. if you put the full 80% down them you don;t need to pay loan mortgage insurance. simples You mean 20% If you put down 80% up front on your first house you have done well. Going 20% deposit also gets you lower interest rates on top of not having to pay mortgage insurance. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831048 Share on other sites More sharing options...
emts Posted May 23, 2017 Share Posted May 23, 2017 yes, had not had my morning cup of tea, you are correct. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831053 Share on other sites More sharing options...
Birds Posted May 23, 2017 Share Posted May 23, 2017 3 minutes ago, TiTAN said: You mean 20% If you put down 80% up front on your first house you have done well. Going 20% deposit also gets you lower interest rates on top of not having to pay mortgage insurance. With this I got the NAB first home buyer rate which is apparently the best in the market right now - fixed for two years. Also get about $1800 worth of shopping vouchers. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831055 Share on other sites More sharing options...
Leroy Peterson Posted May 24, 2017 Share Posted May 24, 2017 I learned about the whole pay stamp duty in full and no mortgage insurance last night, didn't know 20% deposit was required as well, but that was the minimum deposit being spoken about. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831056 Share on other sites More sharing options...
UNR33L Posted May 24, 2017 Share Posted May 24, 2017 Congrats mate 1 Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831060 Share on other sites More sharing options...
UNR33L Posted May 24, 2017 Share Posted May 24, 2017 Where's a good place to buy some diamond earrings? Don't mind spending a bit but not stupid amounts, birthday present. Inb4 subtle, VWL6fig, 800k etc. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831063 Share on other sites More sharing options...
Leroy Peterson Posted May 24, 2017 Share Posted May 24, 2017 Oh shiiiitDon't tell him/her that you earned the money with CSGO skins I prefer independent jewellers (bcoz hipster) because the people and artists actually know what they're doing, and they have no reason to lie to you, the items do all the talking so to speak. It's not just a spec sheet. I've used e.g. etal in the CBD a couple of times. More designer stuff, but guaranteed unique and brownie points for the wimminz (compliments and envy galore amongst peers). Also got quality custom necklace from Ralf Finch in The Basin (chose a design, picked necklace and got to choose the pearls to use). Edit: diamond earrings is a tough choice. Easily lost, small, mostly are studs so super subtle. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831064 Share on other sites More sharing options...
UNR33L Posted May 24, 2017 Share Posted May 24, 2017 3 minutes ago, Leroy Peterson said: Oh shiiiit Don't tell him/her that you earned the money with CSGO skins I prefer independent jewellers (bcoz hipster) because the people and artists actually know what they're doing, and they have no reason to lie to you, the items do all the talking so to speak. It's not just a spec sheet. I've used e.g. etal in the CBD a couple of times. More designer stuff, but guaranteed unique and brownie points for the wimminz (compliments and envy galore amongst peers). Also got quality custom earrings from Ralf Finch in The Basin (chose a design, picked necklace and got to choose the pearls to use). "Pearl necklace" sure sure Ok cool so there's no decent online shop gotta get off my ass and go somewhere? Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831065 Share on other sites More sharing options...
Leroy Peterson Posted May 24, 2017 Share Posted May 24, 2017 Https://egetal.com.auTheres some real gems there (pun intended) but some of its Margaret Pomeranz level jewellery Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831067 Share on other sites More sharing options...
Birds Posted May 24, 2017 Share Posted May 24, 2017 Mortgage insurance is proportional to your LVR and there's a law of diminishing returns to it, which starts to get awfully shitty when borrowing at high LVRs. Here's a good example - you have 70k saved up as a first home buyer, it could be allocated as such: A. 600k property, 5% deposit of 30k, LMI of 26k, stamp duty 15k = initial upfront of ~70k and your LVR is 95% on 570k borrowed B. 500k property, 10% deposit of 50k, LMI of 9k, stamp duty 11k = initial upfront of ~71k and your LVR is 90% on 450k borrowed So whilst 100k difference between the purchase price of the two places, the more expensive one actually requires you to borrow 120k more due to money spent on LMI (and some for the extra stamp duty). One loophole you could use to avoid this - get a relative to borrow and "gift" you enough to make up a 20% deposit and cover the stamp duty - you finance the other 80% = no mortgage insurance and you just service both loans. Or they can go guarantor on the loan and you technically don't need any deposit or LMI. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831069 Share on other sites More sharing options...
TiTAN Posted May 24, 2017 Share Posted May 24, 2017 With this I got the NAB first home buyer rate which is apparently the best in the market right now - fixed for two years. Also get about $1800 worth of shopping vouchers. I'm on 3.81% at the moment, zero annual fees. Looks like the comparison rate for that 3.69% deal is 4.38% Pretty sure ubank and loans.com.au are still the actual comparable cheapest as they have no annual fees on their variable rate loans, with a once off few hundred $$ fee if you want to go fixed rate. But you have to have minimum 20% deposit to get those deals. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831070 Share on other sites More sharing options...
Birds Posted May 24, 2017 Share Posted May 24, 2017 But muh NAB vouchers Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831071 Share on other sites More sharing options...
TiTAN Posted May 24, 2017 Share Posted May 24, 2017 Il stick with my pay less interest and fees In the long run than get some vouchers up front plan. 1 Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831072 Share on other sites More sharing options...
HEKT1K Posted May 24, 2017 Share Posted May 24, 2017 1 hour ago, UNR33L said: Where's a good place to buy some diamond earrings? Don't mind spending a bit but not stupid amounts, birthday present. Inb4 subtle, VWL6fig, 800k etc. http://www.bbc.com/news/world-europe-39943470 Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831082 Share on other sites More sharing options...
Birds Posted May 24, 2017 Share Posted May 24, 2017 48 minutes ago, TiTAN said: Il stick with my pay less interest and fees In the long run than get some vouchers up front plan. We comparing our loans or what was available to me at the time? Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831083 Share on other sites More sharing options...
TiTAN Posted May 24, 2017 Share Posted May 24, 2017 We comparing our loans or what was available to me at the time?It was available to you too? You said you went in on 20% or more deposit? Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831084 Share on other sites More sharing options...
Birds Posted May 24, 2017 Share Posted May 24, 2017 8 minutes ago, TiTAN said: It was available to you too? You said you went in on 20% or more deposit? Talking about the rate; I have no idea when you obtained a loan. Link to comment https://www.sau.com.au/forums/topic/458531-vic-wasteland-thread-150/page/710/#findComment-7831087 Share on other sites More sharing options...
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