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how long does it typically take to repay a mortgage?

Feb 25 2009 5:15pm#1 (permalink)

Clarey

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how long does it typically take to repay a mortgage? my parents have just payed their off after 30 years and that scares me!
Mar 25 2009 5:12pm#2 (permalink)

First home buyer

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I think it depends on the term of the loan you choose when you sign up for the mortgage. It depends on how much you can repay each month too. Check out for some good advice. I think it helps to look into this before you sign anything! Good luck :-)
Mar 25 2009 5:42pm#3 (permalink)

First home buyer

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I found this, you could check this out and even ask the question yourself? http://www.homeloanquestions.com.au/Repayments_and_Defaults

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