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The questions isn’t at what age you want to retire,  it's at what income

 Its well documented that 8/10 retirees run out of super in retirement.

Self-Funded Freedom's mission is to fix that

[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” scene_position=”center” text_color=”dark” text_align=”left” overlay_strength=”0.3″ shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_link_target=”_self” column_shadow=”none” column_border_radius=”none” width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” overlay_strength=”0.3″ column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]Debt Service Ratio, or DSR, is a calculation used by the bank to check whether you can repay the loan.

Your DSR is usually compared against the bank’s maximum allowable DSR limit.

If your DSR is within the limit, you stand a higher chance to receive the loan.

Normally, the lower the DSR, the better the chance that you can get a loan approved

A method of gauging a borrower’s home loan serviceability (ability to afford home loan repayments), the debt service ratio (DSR) is the fraction of an applicant’s income that will need to go towards paying back a loan. The DSR is typically expressed as a percentage, and lenders may decline loans to borrowers with too high a DSR

How is Debt Service Ratio calculated?

Total Monthly Commitments / Total Monthly Income X 100% = Debt Service Ratio

  • Monthly commitments
  • Monthly income
  • Payslip
  • Property rental yields
  • Personal loan instalment
  • Car loan instalment
  • Housing loan instalment
  • Credit card statements

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Own a brand new investment property for $30/week

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Ask us how

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