Posted on July 22nd, 2014 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
One of the benefits of KiwiSaver is anyone saving to buy their first home can dip into their KiwiSaver funds to boost their deposit. If you’ve been in KiwiSaver for several years, as you have, there might be a tidy little sum to help you get into your own home more quickly, even after a […]
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Posted on July 21st, 2014 by Colin Wong Areinz (Waitakere Real Estate Mreinz REAA 2008)
Statistics New Zealand state that the median weekly total income for households in 2013 was $1,358 (based upon 1.458 million households). As such we can determine that mortgage repayments need to be below $407.40 per week in order to be classified as affordable. So what does $407.40 per week get you? Westpac’s calculator suggests that […]
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