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[News.com.au] Minimum you need to earn to pay the mortgage

AAP
AAP Source: AAP

News.com.au reported that the minimum income households need to earn in each capital cities when homebuyers want to avoid mortgage stress.


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Updated

By Justin Park

Source: SBS



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News.com.au reported that the minimum income households need to earn in each capital cities when homebuyers want to avoid mortgage stress.


News.com.au reported that the minimum income households need to earn in each capital cities when homebuyers want to avoid mortgage stress.

Australias priciest capital, Sydney, is home to the greatest financial pain.

News.com.au mentioned that the mortgage stress usually hits when households are spending more than 30 per cent of their combined earnings on paying off the home loan.

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