A great question. Your payments are calculated on three variables being:-
- Amount borrowed
- Interest rate
- Principle and interest or interest only and
- How long the loan has been taken over.
No matter how much you think you can afford, ultimately will depend on what the Lenders will allow you to borrow. The best way to determine this is to call us on 1300 889554 to get assess by 30 plus Lenders in 3 minutes.
