It now costs $4,000 A MONTH to pay the mortgage on an average house in Sydney, and affordability is plunging across the country… so will you EVER be able to afford your own home?

Latest housing industry data shows homes are becoming harder to buy
The housing affordability index for many cities has fallen
Worst hit was Melbourne, which had a 7.8 percent drop in affordability
But in Sydney, it costs almost $4000 per month to pay for a loan
Other state capitals and regional areas saw slumping affordability
Two cities – Hobart and Perth – became easier to afford homes in

Read more: dailymail.co.uk

About 1300WHATLOAN

1300WHATLOAN commenced operations as a solely operated local finance & Mortgage broker in 2013, we are a boutique Finance & Mortgage Broking business specialized in residential and commercial lending. We have extensive knowledge of loan structure and understanding of various lenders' guidelines. We have an extensive access to over 25 lending institutions available to us, giving us access to hundreds of mortgage finance product options which helps us to cater to our client’s needs. Along with home loans we now also provide lending options for commercial property, personal & car loans. We are committed to providing the best possible finance solution for each of our clients.

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