Multi-Choice Home Loans - How much can I spend on Investment Properties?
* The calculation assumes that 80% of the property values are borrowed. Higher %'s are available. Call your Multi-Choice Home Loan mortgage consultant for further detail.
* This is a simplistic model not based on traditional bank servicing guidelines but rather on Equity lending. It does not consider purchase acquisition costs and the ability to service the debt.
* The ability to service the debt is governed by the actual purchase property, if you were to purchase positively geared properties you could do this until the equity runs out.
Disclaimer: This calculator is only an indication. Multi-Choice Home Loans accepts no responsibility for the accuracy there of. |