{"id":130811,"date":"2022-10-19T00:00:00","date_gmt":"2022-10-18T17:00:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/?p=130811"},"modified":"2022-10-18T23:29:09","modified_gmt":"2022-10-18T16:29:09","slug":"home-buyers-potentially-paying-500-more-per-week-in-interest-repayments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-buyers-potentially-paying-500-more-per-week-in-interest-repayments\/","title":{"rendered":"Home buyers potentially paying $500 more per week in interest repayments"},"content":{"rendered":"


\nOne Auckland first-home buyer is already preparing to pay an extra $500 per week on his home loan as rising interest rates start to bite.Liam Patten paid just over $1 million when he bought his three-bedroom Pakuranga home in July…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Home buyers potentially paying 0 more per week in interest repayments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

One Auckland first-home buyer is already preparing to pay an extra $500 per week on...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130811","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-y1R","jetpack-related-posts":[{"id":73980,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-timers-face-paying-nearly-50-more-than-other-buyers-for-uk-homes\/","url_meta":{"origin":130811,"position":0},"title":"First-timers face paying nearly 50% more than other buyers for UK homes","date":"December 7, 2017","format":false,"excerpt":"\r FCA says new buyers may pay far more interest as they have to take out longer mortgages than previous generationsFirst-time buyers could pay nearly 50% more than existing home owners for their property because typically they are spreading their mortgage repayments for longer periods of over 35 years.According to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-opt-for-40-year-mortgages-to-get-on-property-ladder\/","url_meta":{"origin":130811,"position":1},"title":"First-time buyers opt for 40-year mortgages to get on property ladder","date":"October 9, 2015","format":false,"excerpt":"\r Proportion of borrowers taking out loans for more than 25 years has doubled in five years, raising concerns over return to risky lending practicesFast-rising house prices are forcing home buyers to stretch their mortgage terms up to 40 years to get a foothold on the property ladder, raising fears\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130657,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-pay-off-my-student-loan-and-use-spare-cash-to-overpay-my-mortgage\/","url_meta":{"origin":130811,"position":2},"title":"Should I pay off my student loan and use spare cash to overpay my mortgage?","date":"October 10, 2022","format":false,"excerpt":"\r I have \u00a35,000 left on the loan, which I pay \u00a3264 a month towards, and have a \u00a3168,000 mortgageQ I have a two-bedroom house in a desirable city. The property is worth more than \u00a3300,000 and I have a mortgage of \u00a3168,000. I recently discovered that I only have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/950-a-week-for-30-years-first-home-buyers-face-crushing-mortgages\/","url_meta":{"origin":130811,"position":3},"title":"$950 a week for 30 years: First-home buyers face crushing mortgages","date":"February 21, 2019","format":false,"excerpt":"\r Auckland's first-home buyers will need to fork out up to $950 per week in loan repayments for the next 30 years based on what they're paying to get a foothold in the market.That's according to figures by analysts CoreLogic showing...\r \r Source : nzherald.co.nz\/Property\r Read more...0 a week for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fast-cash-with-500-interest-sexual-harassment-and-death-threats\/","url_meta":{"origin":130811,"position":4},"title":"Fast cash \u2013 with 500% interest, sexual harassment and death threats","date":"March 30, 2014","format":false,"excerpt":"\r The new regulator is in hot pursuit of logbook lenders who, in return for fast cash, can seize a borrower's car if they fall behind with repaymentsOne borrower was on his way to work when his car was repossessed. Others have faced death threats and sexual harassment by lenders\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70754,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-a-450000-mortgage-but-were-relaxed-about-the-interest-rate-rise\/","url_meta":{"origin":130811,"position":5},"title":"'We have a \u00a3450,000 mortgage \u2013 but we're relaxed about the interest rate rise'","date":"November 2, 2017","format":false,"excerpt":"\r A couple who bought a two-bed flat this year say they have few immediate concerns thanks to their fixed-rate dealThe size of mortgage taken out by first-time buyers Kieran Ellis, 32, and Jordan Stefanov, 29, will send shudders through many people. The couple borrowed about \u00a3450,000 in June to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130811"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130811"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130811\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}