Congratulations on your pre-approval with Heritage Bank! As per the email from Alfred, please see the details below.
You have been approved for $395k. Please note that you can only borrow up to 70% of the property value and will have to contribute 30% plus costs (i.e. stamp duty). Based on your current savings of $130k you could borrow $265k and purchase a property at the price of $380,000.
The pre-approval is valid until the 18/03/2018. You have the opportunity to save if you wish to purchase a higher priced property.