Sound familiar? So then you go onto your favorite bank's website to use one of their basic calculators to get a ballpark figure.

However, they are just that. Very simple.

In fact we have tried them all and there was a difference of $210,000 between the highest and lowest loan amounts based on the same data between the 5 big banks in NZ.

That's not very helpful when you are trying to narrow down your search criteria.

So is there a better way?

100%

It just depends on how far down the rabbit hole you want to go.

But ultimately remember this;

The bank decides how much you can borrow and the bank is going to do the most thorough search of your expenses, debts, and credit history.

Have a listen to this insightful podcast on how to refine your max borrowing amount and make sure you listen to the next episode where we go over ways to increase your borrowing amount so you can get more money (if you want more money that is)

[email protected] if you need help or have any questions.