In this 2 part episode, we'll be chatting about the step by step on how to buy a house. 

Whether you're a first-time buyer or a seasoned pro, we outline the steps you'll need to take, including some tips to take to help make your house hunt easier both mentally and hopefully financially.

In this episode, we cover:

• When should you set your goal to buy a house, and is your timeline flexible?
• What is the ideal deposit amount you should aim for, and what are the implications of different percentages (20%, 10%, 5%)?
• What is LVR and how does it influence your borrowing capacity?
• How can online mortgage calculators assist in planning your budget and repayments?
• What role does your KiwiSaver fund play in buying your first home, and how can you maximize its benefits?
• How do loan approval processes differ when working with a mortgage broker vs going directly to a bank?

If you enjoyed today's show, we'd LOVE for you to rate & review it on Apple Podcasts and share your favourite episode with a friend.

SUBSCRIBE to It's No Secret, wherever you listen to podcasts and never miss an episode: Apple Podcasts - Spotify

Follow us for fun chat & financial tidbits on IG: @itsnosecretnz
Got questions? Get in touch: www.itsnosecret.co.nz

Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz