How much can I borrow to buy a house?
Buying a house is one of those key life milestones that many Australians hope to reach in the future.
For this reason, it is no wonder that the most common query amongst many first-home buyers is how much can I borrow?
There are a couple of ways to find this information out.
Figuring out a general estimate of your borrowing capacity is simple with an online home loan calculator.
The whole process can be effortless by entering your income and expenses into the calculator and then it can help deliver a rough guideline of what you may be eligible to borrow.
However, in the instance that you would like to know some more in-depth information about the home loan acquisition process, you should arrange to speak to a mortgage broker.
A broker can take a more precise look at your income and living expenses when making suggestions about the type of home loans which may suit your needs and requirements best.
With in-depth knowledge of the products on the market, a broker can assist you in your search for the most suitable home loan offer available.
To get more detailed information about your situation, talk to a Loan Market mortgage broker today.