Tuesday, September 1, 2015

How much can you borrow earning $100k

Interesting graphic came out recently which shows the borrowing capacity allowed by various banks for someone earning $100,000 per year. Today, the RBA announced that they will hold the interest rate due to their concerns about the declining growth rate in China and the market instability there.

If you are saving for a home, you should also read our earlier post about getting the best interest rate for your savings. You could be losing thousands a year!

Click to enlarge

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