u/Goobamonkey

FHB at the very bottom end of borrowing scale.

With the new changes happening, FHB grant amount dropping soon and more rate rises expected I thought I’d check and see what position I’m in.

When I enter my current info into a calculator (CBA) it shows low 400s but with a 4% pay rise expected in the next few months (still keeping me in the 70k range) it drops my amount to high 300s.

I thought earning more even still at the low amount I earn would slightly improve what I could borrow? No debt or dependants and single income with high credit rating.