A heartening picture of progress towards debt freedom has emerged from Westpac.
It says two-thirds of its customers are ahead on their mortgage payments by three months or more.
Owning a house is a costly business, both in time and money, so paying more than the minimum the bank demands takes commitment.
Very few homes are as their owners would like them. There's always something else to spend money on that would get it closer to perfect, not to mention all the money you have to pour into them to keep them them maintained.
from
http://www.stuff.co.nz/business/money/100767861/Celebrating-Kiwis-zooming-ahead-on-the-mortgage
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