Re: What is the "average" amount of mortgages thes
I have a 70K mortgage, with my bank offering to throw money at me. We threatened to move house last year and decided on a new build near Mrs Stobears parents in Tipp, have a site and are just starting off.
But my attitude towards borrowing is the same as yours, I would very very nervious to extend it, wife and I have good jobs and enough to kill off existing mortgage but I prefer to put it towards the new build. Collegues of mine 'need' both incomes, one to pay off mortgage (FTB) and the other to pay utilities and live, I think its mad myself.