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Mortgage Broking Assignment through Kaplan

Discussion in 'Financial Planning Study Group' started by proinvestor, 26th Aug, 2009.

  1. proinvestor

    proinvestor New Member

    Joined:
    14th Apr, 2009
    Posts:
    3
    Location:
    Adelaide
    Hi everyone,

    Just wondering if anyone has done this assignment and if they have, could they possibly help me out with a few issues I might have.

    One issue I am having is determining the maximum borrowing capacity for a self employed person. I know the sensitivity rate which is 7.90% over 25 years but then how do I determine the loan factor that should be applied?

    I need help please

    PrOiNvEsToR