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  1. C

    Are these numbers correct on Mortage Stress when the RBA gets the cash rate to 3.5% eventually?

    @conandew Yeah being pretty low with this one, but each % totals about an extra $5K annually. Do they advise borrowers this as part of their policies?
  2. C

    Are these numbers correct on Mortage Stress when the RBA gets the cash rate to 3.5% eventually?

    Couple earning 2 x $80,000 AUD = $63,000 post tax annually individually = $126,000 post tax annually as a couple Mortage on a $1M property repayments on with a 10% deposit (Loan = $900,000) 1% Interest Rate = $2,925 p/month - $35,100 per year Mortgage 2% Interest Rate = $3,361 p/month -...
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