Knowing how much you can borrow + afford to borrow is very important. Additionally, once you find out what you can afford to borrow, you need to make sure you can afford to make these repayments. Use our Home Loan Repayment Calculator to break down these loans amounts to Weekly, Fortnightly or Monthly repayments.
The below calculator will illustrate your indicative borrowings amongst 10 lenders. As you will see the borrowing amounts do vary between lenders, and these 10 lenders amounts are different, as they factor in their own personal living expenses matrixes for applicants with proposed lifestyle structures.
Now, you’ve worked out what you can afford to borrow, you need to get the In-Principle Approval underway. By providing a few documentation which we’ll assist you to submit to the lender to verify your personal details, you will be set to negotiate your desired property or start to build your future home or property wealth portfolio. To find out more on the Pre-Approvals follow this link.
Whether you’re just looking at the property market for a new home, an investment property, or even your second place to purchase, Neomoney will give you the knowledge, comfort and the tools you need to sign that purchase contract as soon as you find it.