Aussies need an average 40+ years to pay off their mortgage
Some may take 144 years to fully own their home, analysis shows
Source: brokernews.com.au
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Melbourne suburbs where it would take 100+ years to own a home outright, according to HtAG Analytics
Homeowners may take more than 100 years to pay off their property as interest rates and home prices continue to skyrocket, according to alarming new research.
Source: realestate.com.au
It could take 64 years to own a Sandy Bay home outright
Shocking new research shows Tassie homeowners may take more than 60 years to pay off their property due to price growth, low incomes and skyrocketing interest rates.
Source: realestate.com.au
Aussies spend longer years to pay off home loans
A new study by HtAG Analytics showed that the rapid increase in property prices over the past decade has led to longer years for Aussies to pay off their home loans based on current income levels.
Source: yourmortgage.com.au