Mortgage lenders calculations & cost of living

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Mortgage lenders calculations & cost of living


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Old 31st March 2009, 08:19 AM
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Arrow Mortgage lenders calculations & cost of living

Read somewhere that mortgage lenders calculated the minimum cost of living for a faimily of four is $2500/month, excluding mortgage/rent payments. Think this was for Sydney. Someone commented on how low that sounded, and that $5000 would be more realistic.

What do you think????

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Old 31st March 2009, 09:36 PM
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Hi Nim,

I've moved this away from the 'Cost of Living' thread since this is a discussion question and would make the thread a lot longer and harder to read for members looking for specific costs....

Regards,
Karen

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Old 31st March 2009, 10:06 PM
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OK, fine it wasn't meant as a discussion, however, I probably wasn't very clear, but a question of what it costs to live per month for a family of four.

Thanks, Helena

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Old 31st March 2009, 10:34 PM
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Hi Helena,

Sorry I did mis-understand your question.

I think that the every day costs are on the 'Cost of living' thread if you look back through the posts.

Regards,
Karen

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