Borrowing Power Calculator

If you're in the market for a new home, our Home Loan Borrowing Power Calculator takes the guesswork out of how much you can borrow. Using your current income and existing financial obligations as a guide, you can get a quick estimate of how much you can borrow and what your monthly repayments might be in today's home loan market. The results from this calculator are meant to be an estimate only. Be sure to contact your financial adviser for advice if you're considering taking out a new loan.

 
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Borrowing Power Calculator FAQs

How much you can borrow depends on your income and your expenses, including your existing debts and repayments, as well as the loan interest rate, the loan's ‘buffer rate' and any fees. Government fees like stamp duty can also impact on your borrowing paoer and the amount of money you can borrow.

Banks and other home lenders will look at your income to decide how much you can afford to repay. The proportion of your income available for loan repoayments after your household expenses have been deducted witll determin teh size of the loan you are elible for.

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