Steven,

I am hoping we should have a small deposit in 12 months time once my wife is working.

The problem I face is that I don’t think I could afford to buy a house to live in, as I think the repayments on a $400,000 home load would be around the $1,200 p/f mark over 30 years, my whole net pay!

But with negative gearing I think I may be able to afford repayments on a DHA house till such time as my wife is on a good wage and then increase our repayments, or even buy a 2nd DHA house.

Grant

Grant
Ph:0408 209018