How much a lender will let you borrow varies from bank to bank, but it will broadly depend on your income, living expenses, existing loan repayments as well as a few other variables. You can use UNO’s borrowing power calculator here.
How much you can put down as a deposit will have a major impact on how much the bank will lend you. That’s because the bank wants to have a buffer between what you owe and what the property is worth on the open market. If you don’t have a deposit, you can read more about how UNO can help you here.
UNO Brokers are available night and day for a quick review or your situation and bring expertise that will support better decision making that will save you time and money. Book in a quick call when it suits your busy schedule
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