ANZ Increases Servicing Test Rate ... How Much Less Can I Borrow? The Real Numbers ⎜ Ep. 973
- Author
- Opes Partners
- Published
- Wed 11 May 2022
- Episode Link
- https://podcasters.spotify.com/pod/show/propertyacademy/episodes/ANZ-Increases-Servicing-Test-Rate-----How-Much-Less-Can-I-Borrow--The-Real-Numbers--Ep--973-e1ia3rp
In this episode, we discuss what property investors need to know about ANZ's new servicing test rate. We go through what servicing test rates are and how they are used.
And then, we reveal how much less you can borrow due to the change (about 6-8% less according to our numbers).
We also mention our new investment-ready spreadsheet, which you can use to estimate how much you can borrow and when you might be ready to purchase your next investment property. Click here to download the new spreadsheet.
