Average Australian borrower in mortgage stress

PHOTO: The average Australian household is putting more than a third of their income towards mortgage repayments.

The average Australian home owner is spending more than one-third of their income on home loan repayments, leaving them in mortgage stress, new analysis shows.

Mortgage repayments chew up 34 per cent of an average disposable household income, according to national figures compiled by financial comparison site Canstar.

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