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The dark spectre of DSR

Discussion in 'Finance & Banking' started by Dr Lobster, 17th Aug, 2006.

  1. Dr Lobster

    Dr Lobster Well-Known Member

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    12th Jun, 2006
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    Location:
    sydney nsw
    My DSR has maxed out, how can I improve it?
     
    Last edited by a moderator: 18th Aug, 2006
  2. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    Dr L

    Perhaps looking at this another way...are you SURE your servicability will be maxed out? Different lenders seem to have wildly different methods of calculation.

    Talk to a couple of good mortgage brokers and see what they can do for you. They tend to have the inside word on how all the servicability models work.

    Cheers
    N.
     
  3. Dr Lobster

    Dr Lobster Well-Known Member

    Joined:
    12th Jun, 2006
    Posts:
    95
    Location:
    sydney nsw
    I'm getting noises about hitting my dsr and my proposal for property number 4.

    Also having run the numbers and how my budget fits into the residual of my take home pay I know I'm getting close to my own comfort factor.
     
  4. Redwing

    Redwing Well-Known Member

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    PERTH..WA