Hmmm firstly, who on Earth has a 20% deposit??
We currently owe about $370K. Also if we were to refinance (as I think we could avoid LMI now) to refinance for another 30 years, I would be 69yrs old.
Personally.... I don't want to be working by that age if I can help it let alone have a mortgage.
Appreciate your thoughts though
The ace up my sleeve is an investment property which hasn't really done that well over the past 18yrs due to its location but I'd still be able to pay down a large chunk of our principle residence.
Urgh...the sooner I can escape the slave labour of work, the better.
