Category: Housing
What home can you afford?
Working out how much you can afford when buying a property is simple. Use a bond affordability calculator to understand what you can afford when buying a home An affordability calculator works out the home loan amount you can apply for. Your salary after tax, total monthly expenses, interest rate and loan term (years over […]
Check your credit profile before applying for car or house
Knowing your credit status and working towards a good credit status is important. It can improve your chances of being approved for a home loan rather than being sent away from the bank disappointed. An important step towards home ownership is having a good credit record. A good credit profile is when your credit history […]
Save for a home deposit
Your first step before entering into the property market should be saving towards a deposit. Buying your first home requires planning and saving. A deposit is very important as it gives potential home buyers the boost they need when applying for a home loan. If you have a deposit to put down, the Banks will […]
How to buy a house ?
7 must-do’s before buying a home Wanting” to buy a home and “being ready” to buy a home are two completely different things. A Bank of the West study found that 56 percent of Millennials believe owning a home is more important than paying off debt or retiring comfortably. They may want to buy a home but they might […]