When working out what type of loan product it makes sense to complete a budget exercise. This will help us to help you in determining the right home loan.

For example lets assume that after your home loan payment and living expenses you have little left over cash. An interest rate rise may affect your budget more so than say a double income family with surplus income. So if you have little excess income then a fixed home loan may be the better option in this case.

Please complete our budget planner

We suggest that you:

• complete each section and then annualise the figures
• round your expenses upwards. For example , if you Utility Gas bill is more in Winter than in Summer then use the higher amount. This will give you a ‘buffer’ for your spending habits.
• complete the budget planner prior to meeting with us.