Borrowing Power Calculator

Updated on 30 June, 2022

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.


Can't see the calculator?

JavaScript may be disabled on your browser. Please enable JavaScript to view the calculator.

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.

Other Calculators

Mortgage Calculator : Calculate what your mortgage repayments will be and how they would fit into your budget by using our Mortgage Calculator

Stamp Duty Calculator : Calculate what your upfront or transfer costs are when buying property by using our Stamp Duty Calculator

Borrowing Power Calculator : Calculate the maximum loan amount you can borrow based on your income and expenses by using our How much can I borrow calculator

Home Loan Comparison Calculator : Calculate your home loan repayment options based on fixed vs variable home loan rates by using our Home Loan Comparison Calculator

Mortgage Extra Repayment Calculator : Calculate how quickly extra repayments can help pay off your home loan by using our Mortgage Extra Repayment Calculator

Lump Sum Repayment Calculator : Calculate how much lump sum payments on your mortgage can help you save by using our Lump Sum Repayment Calculator

Refinance Calculator : Calculate how much switching your home loan can help you save by using our Refinance Calculator

Split Loan Calculator : Calculate the benefits of having a split loan and experiment different split loan scenarios by using our Split Loan Calculator

Principal and Interest Calculator : Calculate the benefits of making principal payments off your mortgage by using our Principal and Interest Calculator

How Much Can I Borrow Calculator : Calculate your affordability based on the property location by using our How Much Can I Borrow Calculator

Savings Calculator : Calculate how much interest your savings account can help you earn by using our Savings Calculator

Budget Planner : Calculate your income and expenditure targets to help you reach your savings goals by using our Budget Planner

Term Deposit Calculator : Calculate how much interest your term deposit can help you earn by using our Term Deposit Calculator

Income Tax Calculator : Calculate how much income tax you would potentially pay based on your current income and how it compares to the previous year by using our Income Tax Calculator

Credit Card Calculator : Calculate how  long it will take to pay off your credit card by using our Credit Card Calculator

Personal Loan Repayment Calculator : Calculate how much your repayments would be based on the personal loan amount you're looking to borrow by using our Personal Loan Repayment Calculator

Car Loan Calculator : Calculate how much your  car loan repayments would be based on the amount you're borrowing for your car by using our Car Loan Calculator

Business Financial Summary Calculator : Calculate your business's financial summary based on setup and running business costs by using our Business Financial Summary Calculator

Margin Lending Calculator : Calculate geared vs ungeared portfolio costs and returns by using our Margin Lending Calculator

Don't miss these hot deals

Popular Home loans

Popular Credit Cards