Sentences with phrase «repayment than my rent»

Paying more to my loan repayment than my rent each month was completely depressing.

Not exact matches

While the level of income is important to enable buyers to make mortgage repayments and influences the size of the debt and the purchase, the wealth required to make the down payment appears to be more important than income levels, particularly in the transition from renting to home ownership.51 The RBA findings are consistent with other studies52 which have shown that the constraints associated with wealth are a real barrier to young renter households wishing to own their own home.

Some of the circumstances that often lead to incorrect tax assessments include development of big - box retail under build - to - suit arrangements, in which the tenant's rent is a contractual repayment of the developer's costs, rather than a market - rate rent.

Taking out a fixed rate mortgage (where the repayments will always be the same over a fixed period) means you can easily plan and budget and often works out cheaper than monthly rent payments.