Certified Financial Planner professional, Matt Hern has three times been awarded as one of Australia's Top 50 Financial Planners by The Australian Financial Review Smart Investor. He is passionate about guiding you on the right financial choices to achieve what you really want. Matt Hern is an Authorised Representative of Charter Financial Planning Limited AFSL 234665. All information is general advice only.

2 responses to “How much you should spend on your next house”

  1. Avril

    Matt,
    Interesting reading as always!
    One additional concept that I’d like your thoughts on is factoring in what level of debt you feel “comfortable” with. I know this intangible idea isn’t easy to apply a mathematical equation to, but is equally important in deciding how much money to borrow. Sometimes, this comfort factor is determined by unknown risks, such as dropping to a single income, potential increases to our expenses or external factors such as interest rate hikes.
    Another thing I know I struggle with is moderating my expectations for my own personal home to ensure that my long term goals of financial independence are kept in sight.
    Some food for thought!
    Cheers
    av

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