The Property Academy Podcast

EP: 504

How AfterPay and LayBuy Can Impact Your Ability to Invest | Ep. 504

About this episode

In this episode, we discuss how AfterPay, LayBuy and other short-term 'buy now, pay later' providers can impact your property investment and home-buying plans.

If the bank sees regular payments being made to these providers, they will decrease the amount of income that you have available to service a mortgage in their calculations. A $50 a week payment can mean that the amount you can borrow falls by up to $40,000.

We also mention that we are looking to bring on financial advisers in Auckland, Christchurch and Wellington. Click the links to check out the job description.

The Property Academy Podcast 12

Related podcasts in this series

  1. The Property Academy Podcast 12

    EP: 1985

    NZ property websites compared TradeMe vs OneRoof vs RealEstate.co.nz⎥Ep. 1985

    NZ property websites compared TradeMe vs OneRoof vs RealEstate.co.nz⎥Ep. 1985
  2. The Property Academy Podcast 12

    EP: 1983

    How much does a home renovation actually cost⎥Ep. 1983

    How much does a home renovation actually cost⎥Ep. 1983
  3. The Property Academy Podcast 12

    EP: 1984

    5 houses later Here's what we learned about renovation⎥Ep. 1984

    5 houses later Here's what we learned about renovation⎥Ep. 1984
  4. The Property Academy Podcast 12

    EP: 1982

    Why we're getting out of property (The real reason)⎥Ep. 1982

    Why we're getting out of property (The real reason)⎥Ep. 1982