Pay Off Your Mortgage Faster

Every year back when we had a mortgage I reviewed it. This is because when it comes to your mortgage, everything is amplified. So it pays to keep it in check!

On the 7th of June something quite historic happened, the RBA cut the Australian Cash Rate to 1.75%, its lowest point in history. As a result, it’s time to get your god damn ass in gear! This cut was simply the latest in a series of cuts the RBA has done over the past few years as … Read more

Not too long ago I got this suggestion for a future post: I’d be quite interested to see how this scenario works for those on a lot lower salaries, say the $40k to 60k bracket – Tim Over the years I’ve built up a number of Use Cases proving that even on a single income or with children … Read more

Many years ago when we first started dipping our toes into putting more money towards our mortgage, we were quite cautious. Now our home is fully paid off and entirely ours!

I read a funny opinion the other day. Whilst I’m paraphrasing a little here, it basically stated that before you buy your first house you should have a 20%+ deposit plus also ensure that the minimum loan repayments don’t exceed 30% of your take home pay as otherwise this will put you under “mortgage stress”. This … Read more

Not too long ago I stumbled on the website I Will Teach You To Be Rich. The first thing I thought back then was how it sounds like a giant scamming website and it looked like it too! Horrible graphics and no class. It was in fact a great site that focuses on the “Big Wins” in life. … Read more

Today I thought I’d combine my insane interest to make everything in our house/life as efficient as possible with some helpful tips on what to do when your house breaks. Now, I don’t mean your literal house (as in a crack in the bricks or plaster) but the various add on parts that most people have … Read more

The single biggest thing that helps you Mutilate Your Mortgage is making continually higher repayments. Not a once off at Tax Time, not switching to fortnightly payments or getting an offset. Make your repayment more and be consistent. That’s it! So today I’m addressing the number three top expense, how to live a happy life with … Read more

Yes that’s right! You get to spend money AND mutilate that mortgage! How? You get specific… REAL specific, but I’ll get to that in a second. The picture above is one I took just a few weeks ago whilst touring abroad in Oia, Santorini, Greece. Oia, as you can no doubt tell, is a beautiful … Read more

Before I was Mortgage Mutilator and before this site even existed (not to mention before we were paying 70%+ towards our mortgage) DW and I started this long, arduous trip down “paying off a mortgage lane”. I must admit in the beginning we were probably a little better than average as we were paying a few … Read more