how much can i borrow

filled in a ANZ application form for the fun of it

details i used were prety average

Maried
$65K (average) gross income
2 kids
no car loans/credit cards
$350 week living expenses

came back that i can borrow $218K


then I filled it in again with somone not as well off

Married
$55K P.A income
2 kids
$200pw car loan
$350pw living expenses
hold a credit card of $5K limit

came back i can borrow $36K !!!!



then i filled it in again with somone on a good wicket

Married
$85K P.A
2 kids
$200pw car loan
$350pw living expenses
hold credit card with $5K limit

this one can borrow $237K

not bad when the median house price in Melbourne is $480K he just needs $243K deposit!!