Most prospective buyers know how much they can borrow, but how much should you borrow? 

Banks will often be happy to lend buyers an eye-watering amount of money, right at the top of what they can afford, but that doesn't mean buyers will be happy once those repayments kick in. 

Not mention five years down the line, when interest rates aren't as low as they once were, and wages aren't increasing at the same rate. 

So how can people actually work out their own borrowing limit - one that allows for the odd night out or weekend away? 

LISTEN ABOVE

Most prospective buyers know how much they&nbsp;can borrow, but how much&nbsp;should you borrow?&nbsp;
Banks will often be happy to lend buyers an eye-watering amount of money, right at the top of what they can afford, but that doesn't mean buyers will be happy once those repayments kick in.&nbsp;
Not mention five years down the line, when interest rates aren't as low as they once were, and wages aren't increasing at the same rate.&nbsp;
So how can people actually work out their own borrowing limit - one that allows for the odd night out or weekend away?&nbsp;
LISTEN ABOVE

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. 

Leading industry experts join us to discuss and debate the latest in market trends, investments, DIY and much more. Step inside The OneRoof Radio Show and make yourself at home.

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. Leading industry experts join us to discuss and debate the latest in market trends, investments, DIY and much more. Step inside The OneRoof Radio Show and make yourself at home.

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. 

Leading industry experts join us to discuss and debate the latest in market trends,...

The OneRoof Radio Show

Peter Norris: Don't borrow as much as the bank will give you

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/83cf4f0f-a7bf-4f87-a206-b383016102d0/transcript

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