Measure your Mortgage Stress

Mortgage stress is the point where a borrower breaches his or her level of home loan affordability.

Personal circumstances significantly affect what is and isn’t affordable, so the one size fits all approach simply doesn’t work when measuring mortgage stress.

Peter Boehm – Consulting Finance Editor with onthehouse.com.au, provides tips on how to measure your own mortgage stress to determine just how much you can afford to pay off your home loan before breaching your level of affordability.

Click here to read the article.