MONEY DIARIES: Struggling with Toxic Perfectionism
She's On The Money
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The Victorian Homebuyer Fund
The Victorian homebuyer fund enables you to have like a 5% deposit. And then the Victorian government could or can contribute up to 25% of the purchase price in exchange for an equivalent share of the property. With this scheme, you probably want to pay back your mortgage ASAP so that you can buy the government out. So we got about 20% of our mortgage through this scheme. We actually have to live in it full time until we've paid the government out of it. That is one of our biggest goals to pay off that it's about $85,000 for us. To get that paid off so that we can actually move overseas eventually is the goal.
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