How much should I borrow?
Latest home loans news
Australian home prices fall two months in a row
Australian housing values have tumbled by 1.3 per cent in the past two months, according to the latest CoreLogic data, as prices drop for a second consecutive month.
How much should you borrow from the bank when purchasing a property? Working out how much or how little you can afford to borrow is an important first step towards home ownership. It’s important not to borrow more than you can afford to repay, so consider your income and expenses when calculating your mortgage amount.