How much cash do I need to buy my first home in 2019?
Interest rates are low, house prices have started to drop and you’re thinking now is the right time to buy your first home. But how much cash do you actually need to make your dream a reality?
What is LVR and can it affect how much I can borrow?
LVR stands for loan to value ratio and is used by lenders to evaluate your mortgage application. It is calculated by dividing the amount you intend to borrow by the value of the property and expressed as a percentage.