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The Ultimate Guide To Mortgages In New Zealand⎥Ep. 2146

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Manage episode 496855535 series 2620646
Content provided by Opes Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Opes Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Getting a mortgage isn’t just about picking the bank with the best rate. There are key decisions and financial tests you need to understand before the bank will lend you money.

In this episode, we break down everything you need to know to master your mortgage – from figuring out how much you can borrow, to setting up your loan the right way.

You’ll learn:

  • The 3 bank tests you must pass before you can get a mortgage
  • How to calculate your repayments using the “mortgage factor”
  • Why the structure of your mortgage (term, type, and payment timing) matters more than you think

Don't forget to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠create your free Opes+ account here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

For more from Opes Partners:

  continue reading

2239 episodes

Artwork
iconShare
 
Manage episode 496855535 series 2620646
Content provided by Opes Partners. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Opes Partners or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Getting a mortgage isn’t just about picking the bank with the best rate. There are key decisions and financial tests you need to understand before the bank will lend you money.

In this episode, we break down everything you need to know to master your mortgage – from figuring out how much you can borrow, to setting up your loan the right way.

You’ll learn:

  • The 3 bank tests you must pass before you can get a mortgage
  • How to calculate your repayments using the “mortgage factor”
  • Why the structure of your mortgage (term, type, and payment timing) matters more than you think

Don't forget to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠create your free Opes+ account here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.

For more from Opes Partners:

  continue reading

2239 episodes

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