Five online resources to help you start your home loan journey

Buying your first property can feel super liberating but it can also be pretty terrifying. From finance fears to real estate jargon and imposter syndrome, the whole thing can feel overwhelming. Thankfully, the process doesn’t have to be as scary as some might have you believe. With the help of these resources, you’ll be swanning your way through every open house with the confidence of a boomer at an Elton John concert.

Crunch the numbers

It’s probably the most important (and obvious) part of the entire home-buying process, but ensuring you know exactly how much you can borrow is paramount. In an ideal world, you’ll be looking for a home that ticks all the boxes but won’t have you breaking the budget in the process. No one wants to struggle with monthly repayments, which is why deciding to use one of the many available online calculators can be super helpful. You’ll need to know a few details before you start punching in the numbers though, including your loan period, interest rate, your annual net income and monthly expenses. Pop in your info and you’ll be given an amount you should be able to comfortably afford. Read more...

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