How much can I borrow?

By using a Mortgage Store broker, we may be able to use our strong relationship with lenders to help you get the maximum amount for your loan.

Before contacting a Mortgage Store broker, you should also think about:
  • How much of a downpayment (money from your own pocket) or deposit you can contribute. Usually you need at least 10 per cent of the purchase price.
  • Ensuring you have enough money to cover fees such as stamp duty and legals. Note that many states have reduced or removed stamp duty from some purchases.
  • Being confident that you can afford the monthly repayments. You need to build in enough of a safety margin so that if interest rates do increase during the lifetime of your loan, you can still get by.
For more information, contact Mortgage Store using the form below.
Contact me about a home loan:
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