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When I first got my house loan, the Bank would not let me to pay back anymore than 30% of my disposable income per week over the loan period even though I could afford more.
I did pay off my house early.
Mortgaged now for investment property though.
I say, if you can afford to get in the market, do so. If you cant, then you will remain paying off some elses house until you can.
The arket will always be fluctuating but over an extended period, it all works out and property never devalues over a loan period.
I have told my boys to pool their money and buy a house together, rent it out, stay at home and get someone else to pay off the major part of the loan
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