The man from the bank said....
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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=16559
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Topic: The man from the bank said....
Posted By: Two Blondinis
Subject: The man from the bank said....
Date Posted: 21 April 2008 at 10:17pm
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YES - you can afford another baby!!!!!!
So that means in October we are 100% TTC 
I was so happy I nearly cried  
Only thing is that because #2 will be in daycare from 4 months (unavoidable) we can't do it without a lodger staying with us for about 2 years. A small price to pay I reckon! Now I just have to hope we can actually get pregnant as Fertility Friend still says I haven't ovulated even though I have all the signs (except for the temps) say that my body is trying to or has already  ------------- http://lilypie.com"> 
 
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Replies:
Posted By: mummy_becks
Date Posted: 21 April 2008 at 10:21pm
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Yay that is great news Toni, best of luck for October. ------------- I was a puree feeder, forward facing, cot sleeping, pram pushing kind of Mum... and my kids survived! |
Posted By: Two Blondinis
Date Posted: 21 April 2008 at 10:22pm
Thanks Becks  ------------- http://lilypie.com">
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Posted By: jack_&_charli
Date Posted: 21 April 2008 at 10:28pm
so are you TTC now or in october? just confused because of the new ticker 
how exciting for you and DH!!!!! i hope it's a brief TTC journey ------------- http://www.alternatickers.com"> 
http://lilypie.com"> 
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Posted By: Bobbie
Date Posted: 21 April 2008 at 10:33pm
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How exciting!
Where's the form I fill in to find out if I too can afford another one? -------------  
 
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Posted By: Two Blondinis
Date Posted: 21 April 2008 at 11:16pm
Updated just for you Vanessa
Bobbie - we're with NZ Home Loans so the lovely man came over tonight and we had a play around with the figures  Our options were to either borrow $50k (you only pay interest on that when/if you use it) or get a lodger. At first I was all for borrowing more against the house, but the whole reason we're with NZHL is to pay off our home loan faster. With the extra cash from the rent we're still on track to be home loan free in 7 years ------------- http://lilypie.com">
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jack_&_charli wrote:Posted By: pepsi
Date Posted: 22 April 2008 at 7:50am
YAY!!!! That's awesome news Toni, I'm so happy for you!!!!
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Posted By: jack_&_charli
Date Posted: 22 April 2008 at 8:45am
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wow! 7yrs that's awesome! our fixed rate ends in january and have been thinking of going to NZ home loans....would you recommend it toni?
thanks for fixing the ticker lol ------------- http://www.alternatickers.com">
http://lilypie.com">
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Posted By: .Mel
Date Posted: 22 April 2008 at 8:46am
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That's good news Toni! ------------- Mr Mellow (16) Miss Attitude (8) Destructa Kid (3) 
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Posted By: Bel
Date Posted: 22 April 2008 at 8:57am
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Hey Vanessa we are with NZHL as well and love it!! Well on track to pay ours off in about the same
Oh yeah, thats great news Toni!! ------------- Mum to two beautiful kids 
Luke (09.11.2007) Amy (01.04.2009) |
Posted By: jack_&_charli
Date Posted: 22 April 2008 at 9:35am
really! we are on track to have ours paid off in 30yrs!!!
do they work that all your income goes on the mortgage and you have like a credit card that you use for buying stuff which comes out of the mortgage? sorry toni....threadjack!  ------------- http://www.alternatickers.com">
http://lilypie.com">
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Posted By: kebakat
Date Posted: 22 April 2008 at 9:43am
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Vanessa, we are the same. Once we are done with the kids thing then we will change ours to be paid off way faster but at the mo having a 30 yr mortgage is great when on one income!
Yay Toni! We will be ttc at the same time as you then |
Posted By: hooper
Date Posted: 22 April 2008 at 9:50am
Yay congrats thats great news. ------------- Desiree 
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Posted By: Maya
Date Posted: 22 April 2008 at 10:46am
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Woohoo! We the bank man! I am so stoked for you guys! ------------- Maya Grace (28/02/03)
 (02/01/06)
The Gremlins:Sienna Marie & Mercedes Kailah (14/10/06)
Lil miss:Chiara Louise Chloe (09/07/08)
Her ladyship:Rosalia Sophie Anais (18/06/12)
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Posted By: Paws
Date Posted: 22 April 2008 at 1:23pm
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Yay that is awesome news!!!! ------------- http://lilypie.com"> 
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Posted By: Rachael21
Date Posted: 22 April 2008 at 1:24pm
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Yay
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Posted By: marielb
Date Posted: 22 April 2008 at 1:43pm
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Thats so cool!
We are with NZHL too and they told us we could afford a new baby as well
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Posted By: Two Blondinis
Date Posted: 22 April 2008 at 7:15pm
that's ok
I hope I explain this properly - It's like having one big account that everything goes into, as interest is calculated on a daily basis it looks as though you have paid off a lot more of your loan than you actually have, therefore you pay less interest. We have always used our credit card for everything, then paid the whole amount off at the end of the month, this is the same, so you only have one time a month that you dip into your account money. We time it so that the credit card gets paid off the day the wages go in. ------------- http://lilypie.com">
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Posted By: Bombshell
Date Posted: 22 April 2008 at 7:26pm
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like the asb revolving credit one....works well if you can budget - if you cant DO NOT do it! LOL!!!!
congrats....our bank man just tells us to hurry and sell so he can lend us more...UGH....
but great timing esp for DC too toni cause she will be eligible for 20 free hours if new baby after she is three too....much cheaper there too.... |
Posted By: Two Blondinis
Date Posted: 22 April 2008 at 8:25pm
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that's exactly why were waiting until October.
NZHL is similar to a revolving credit one, but you still have to ask to borrow more, they don't just let you get yourself into masses of debt. We changed to NZHL because BNZ told us to borrow the market value of the house ($420k just to do up a kitchen and bathroom ) we only wanted $20k------------- http://lilypie.com">
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Posted By: Bombshell
Date Posted: 22 April 2008 at 8:41pm
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BNZ are sucky!!! we changed from them....national has been soooo much better and understand what we need etc....and not nearly as much in way of fees...
woohoo look forward to keeping up with the ttc journey you are about to embark on...oct isnt that far off! |