Buy Now or Later?
With interest rates moving in the right direction coupled with an Increase in Government Grants for First Home Buyers, more and more people are looking at getting into the property market.
So is it better to buy now or wait and keep saving?
Genworth Financial has designed a tool to help potential buyers decide just that by giving outcomes for both scenarios.
Below you will find a Brochure from Genworth which shows scenarios from both sides of the coin and also outlines instructions on how to use the calculator.
We hope that this extra information can aid in helping clients to decide whether they should buy now or keep saving.
Please note, this tool should be used as a guide only and is not intended to be a substitute for professional financial advice. Actual outcomes may vary and will be dependant on a range of external factors.
Buy Now....Or Wait & Save?
Buy Now....Or Wait & Save Tool
If you are having trouble viewing the Buy Now or Wait & Save Tool in excel, please try the following:-
1. Ensure Macros are enabled
When in Excel go to Tools > Macro > Security & set the security level to Medium
(we advise you change your security settings back once you have finished using the calculator)
2. Load Analysis ToolPak
This can found under the Tools > Add-Ins menu.
Please ensure the Analysis ToolPak box is ticked
3. Close excel and reload Tool
