Why Every Bank Gives You a Different Answer | FUNdamental Fridays

How much can you really borrow?

In this Friday Fundamentals episode, Ben Kingsley sits down with mortgage broker Luke Oxenham to unpack one of the most common questions property buyers ask:

"How much can I borrow?"

The answer isn't always straightforward.

Luke explains how lenders assess income, expenses, HELP debt, credit cards, business income, car loans and more, plus why different banks can produce dramatically different borrowing outcomes for the exact same borrower.

They also discuss why borrowing capacity shouldn't be confused with borrowing comfort...