SOP

Assets

Liabilities

Loan expenses current

Total current Monthly Repayments $6,500

Living expenses current

Total current Monthly Living Expenses $2,500

Living expenses future

Total current monthly loan repayments $ 6,500
Total current monthly living expenses $ 2,500
Total current expenditure $ 9,000
New Monthly loan repayments $ 5,500
Total new monthly expenditure $8,000

Your monthly income to expenses serviceability is positive