The Secret Formula Banks Use to Approve Loans

Описание: Ever wondered how the bank decides how much to lend you for your home loan? In this video, we break down the real formula banks use to calculate your bond affordability — and how you can use the same logic to plan your own budget before applying. You will also learn how to calculate how much of your salary you should pay towards your bond, so you are not over-indebted.

Debt-to-income calculator:
https://www.1life.co.za/tools/calcula...

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