How Much Can You Really Afford to Borrow in Australia? (It’s Not Just What the Bank Says)
When people ask, “How much can I borrow?”, they’re usually thinking in terms of what a lender might approve. But here’s the truth: just because the bank says yes doesn’t mean the number suits your actual lifestyle and goals.
Why Borrowing Power Isn’t One-Size-Fits-All
Banks use generic calculators, but everyone’s situation is different. You might qualify for more than you can realistically afford – or be capable of more than the bank thinks.
What Affects Your Borrowing Power?
- Income and employment history
- Debts and liabilities
- Credit score and spending habits
- Assets and savings
The Smarter Way to Work Out Your Numbers
At Truth Group, I help you:
- Review real expenses and future goals
- Consider age, income shifts, family plans
- Tailor finance to suit lifestyle and strategy
👉 Book your free strategy session today and let’s work through your actual numbers together.
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