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Gurinder P.
Gurinder P.
Campsie, NSW

My wife and I work full time ..have a 3 year old in child care. We have $100,000 deposit from an inheritance from overseas and want to buy a home. My salary is $78,000 and my wife is a contractor and earns about $60,000. How much could we borrow?

last year


Hi Gurinder,
There are way too many variables to give you an indication of your borrowing capacity and many regulations that must be adhered to in assessing a loan product to be suitable for you.
I would recommend you go and speak with a broker and provide them all of your information so that they can give you a strong indication of what you might be able to borrow. Anything less than that is just guesswork.
Best of luck

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