In this episode…
A special show today, as we discuss Pat’s recent home purchase.
I grill him for the details and ask all the important questions – like why, where, how much he paid, and whether this affects his financial independence plans?
Listen to the show…
(you can download the mp3 file here)
A quick run-down of what’s happening (01:55)
Why Pat decided to buy, and what he was looking for in a property (05:17)
Price bracket and first homebuyer benefits (07:25)
Current and future plans (09:03)
How does this affect Pat’s financial independence plans? (10:24)
Interest rates and online lenders (15:12)
A more in-depth look at fixed vs variable rates (19:33)
What gets Pat excited about owning a house (26:04)
Storing cash in an offset account (30:27)
Pat’s thoughts and reflections on the home buying experience (32:36)
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