HECS Debt Australia Explained: Is Excluding It from Your Borrowing Power a Smart Move?

HECS debt Australia: Should HECS Debts Be Excluded from Borrowing Power? 🤔

Are you wondering if excluding HECS debt from your borrowing power calculations is responsible?

I’m Tony Xia, the Founder and Director of The Mortgage Agency—one of Sydney’s top mortgage broker firms.

In this episode of The Mortgage Chat, we’re diving into a hot topic:

Should HECS debts be removed from borrowing power calculations? 🚨

Recently, Treasurer Jim Chalmers proposed that lenders exclude HECS debts when calculating borrowing capacity, potentially allowing homebuyers to take out bigger loans.

But is this really a smart and responsible move? Or could it lead to financial risks down the track?

In this video, you’ll learn:

✅ What HECS debt exclusion means for homebuyers 🎓🏡
✅ The potential benefits and risks of this proposal ⚠️
✅ How this could impact property prices in Australia 📈
✅ Expert insights on responsible lending practices 💰

🎧 LISTEN TO THE PODCAST

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https://themortgageagency.com.au/contact/

Tony Xia | The Mortgage Agency
📞 0423 718 612
📩 Tony@themortgageagency.com.au

Chapters

00:00 – What is the government proposing about HECS debt?
00:35 – Will excluding HECS debt increase your borrowing power?
01:12 – Is this a responsible financial decision?
02:00 – Why do finance experts support this move?
03:15 – If HECS debt is excluded, should other debts be too?
04:30 – How does this impact home buyers in Australia?
05:45 – Are you being set up for financial risk?
07:00 – Is borrowing more money always a good thing?
08:15 – What should you do if you have a HECS debt and want a home loan?
09:30 – Final thoughts: The real impact of HECS debt exclusion

Want expert mortgage advice?

📞 Contact The Mortgage Agency for a free consultation today!

Our experienced brokers will help you navigate the Australian property market and secure the best loan for your needs.

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#australia #HECS #HECSdebt #mortgagebroker #realestate #Jimchalmers #themortgageagency #TonyXia

Видео HECS Debt Australia Explained: Is Excluding It from Your Borrowing Power a Smart Move? канала The Mortgage Agency