New data reveals where Kiwis can pay off their mortgage the fastest. 

The latest OneRoof-Valocity House Value Index found 46 areas across the country where a mortgage could be paid off in less than a decade.

That's assuming a buyer was intending to pay a thousand dollars a week on their mortgage, on a two-year fixed interest rate of 6.75%.

OneRoof Editor Owen Vaughan told Mike Hosking that it’s good for first home buyers as it shows where they can buy and where they can be mortgage free.

He said that people can live a little more freely and be less worried about debt if they think outside the box a bit.

LISTEN ABOVE  

New data reveals where Kiwis can pay off their mortgage the fastest.  
The latest OneRoof-Valocity House Value Index found 46 areas across the country where a mortgage could be paid off in less than a decade. 
That's assuming a buyer was intending to pay a thousand dollars a week on their mortgage, on a two-year fixed interest rate of 6.75%. 
OneRoof Editor Owen Vaughan told Mike Hosking that it’s good for first home buyers as it shows where they can buy and where they can be mortgage free. 
He said that people can live a little more freely and be less worried about debt if they think outside the box a bit. 
LISTEN ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...