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Yep it is a 30 year loan
My repayments are currently at $900 a fortnight to give you an idea of how much my mortgage is.
Do you really measure things in fortnights?
I pay fortnightly, I have the option of paying monthly or fortnightly. When I got the mortgage I was being paid fortnightly, I am now getting paid monthly and never got around to changing the mortgage to monthly repayments
That's very silly. I didn't think people really used that term anymore.
It is quite common for people to be paid fortnightly here.
As an Engineer we are nearly always paid Monthly
How long is a fortnight? 4 weeks or something?
fortnight = 2 weeks
Oh. Well, most people here get paid every 2 weeks actually. We just don't call it a fortnight!
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