Hi Everyone, I'm currently living with family and looking to move out and get my own place soon I just got a BFP! So I'm thinking it will get a little cramped here with DS, myself and baby #2 all sharing the one room. I'm studying full time and I get parenting payment single, FTB A & B no rent assistance as I don't pay any rent at the moment.
I was also looking at applying for a bond loan through DOC Housing and it says rent can't exceed 60% of income. Is that with Rent assistance added in? I know you can't get rent assistance until after you get a rental agreement though. It will make a huge difference if going by my current payment I can rent up to $280ish p/w but with rent assistance I can get one up to $320ish p/w. So my question is, how much rent are you paying at the moment? Is it too much? How are you coping with rent/bills etc?