Home Loan Repayments as a % of Average Income (after tax)

source: mozo.com.au as at 11 June 2024, based on ABS Total Value of Dwellings release for March Quarter 2024, with monthly home loan repayments calculated for a 25 year loan, using the average variable rate in the Mozo database for owner occupier, principal & interest home loans at $400,000, 6.80% p.a. at 80% LVR. Average monthly earnings after tax calculated using ABS Average Weekly Earnings data November 2023 with income tax deducted according to Australian residential tax rates for the 2024-2025 financial year.
Source: ABSCreated with Datawrapper