Macquarie Update - Serviceability Calculator Changes
Macquarie have today released their updated version of their loan serviceability calculator. Changes made are the introduction of a debt to income (DTI) measure, which now appears below the NSR section. This new calculator applies for new business and principle increases from 17 October 2019.
Note: a DTI is a measure of loan serviceability which represents the ratio of credit limits on all debts held by the applicant(s), to the applicant(s) verified gross income.