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How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n.

I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct?

I only put the worst case scenario

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8 years ago

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Simon Yeh

Finance Broker

Logan Central, QLD

8 years ago

Affordability in rent is something that is quite personal and there is no rules as such, but best to do a budget and find out what your affordability is. I have a free budgeting tool that you can install on you mobile phone to help you manage. Let me know if you would like a copy.

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How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n. I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct? I only put the worst case scenario

How much can my mum and I afford in rent? If I get paid $800 a f/n and my mum gets paid $700 f/n.

I always thought that even when your renting with someone else. That the rule of thumb is to not go for anything you can't afford on your own. Is that correct?

I only put the worst case scenario