Your gross monthly income is your total income before tax and deductions.
What is my net income?
Your net monthly income is your total income after tax and deductions.
How is the home loan amount calculated?
Your repayment cannot be more than 30% of your gross monthly income and cannot exceed your net surplus income.
How accurate is the bond calculator?
The bond calculator is a guideline. It does not include a credit check or full affordability assessment which the bank will require.
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