How much can you borrow?

While everyone's situation is different, a good rule is that mortgage repayments shouldn't exceed 35% of your combined income.

While everyone's situation is different, a good rule is that mortgage repayments shouldn't exceed 35% of your combined income.

Before you borrow...

Home loan interest rates are the first thing you'll look at, but there are other factors you should take into consideration.

  • Could you afford repayments in the event of job loss or pregnancy?
  • Should you take out – and can you afford – mortgage protection insurance or income protection insurance
  • Have you taken account of upfront costs? These include:
  • stamp duty
  • loan application fees
  • solicitors' fees
  • building and pest inspection
  • property valuation fees
  • home insurance