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Hi pomz in oz can any body tell me how much i can borrow . Our income will be $165.000 befor tax and cars furniture etc will be payed for .Have been on calculatoure sites but don.t know out goings in general . Also have

$50.000 deposi

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I reckon about $550K-$600k, its usually about 3.5x-4x you income and you have nearly 10%. You would probably need Mortgage insurance on a $500K property but you could easily get a loan for a place that 1/2 mil.

 

Not sure about your outgoings, its a bit of a open question.

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Hi pomz in oz can any body tell me how much i can borrow . Our income will be $165.000 befor tax and cars furniture etc will be payed for .Have been on calculatoure sites but don.t know out goings in general . Also have

$50.000 deposi

 

 

Hi andyjackie

 

I will be able to give you some specific figures but will need some more personal information from you.

 

Each lender will vary in the amont that they will lend and it is based on a number of factors including how many dependants someone has, the amount of income each as opposed to jointly, liabilities etc etc.

 

Feel free to email me at andrew@vistafs.com.au and we can discuss offline.

 

Regards

 

Andy


Financial Adviser (FPA Member AFP ®) Specialising in UK Expat Advice and Pension Transfers / AR-322874 /AFSL-234951

SMSF Accredited Adviser / UK SIPP Authorised Adviser 

Director  - Vista Financial Services – www.vistafs.com.au 08 8381 7177

 

Please note that my advice is general advice only and professional financial advice should be sought for your own personal situation.

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