Borrowing Power Calculator
Income details
Expense details
Loan details
Results
You can borrow up to$0
Monthly repayment$0.00
Fortnightly repayment$0.00
Weekly repayment$0.00
Loan balance chart
Assumptions & notes
This calculator gives an indicative estimate only. Actual lending decisions vary by lender and depend on full financial and credit information.
- No upfront or ongoing fees are included.
- The interest rate is assumed constant over the loan term.
- A servicing "buffer" is applied: the greater of your entered rate + 3%, or a floor of 5.75%, is used to assess how much you can borrow (but not to calculate the repayment figures shown, which use your entered rate).
- Living expenses used in the calculation are the greater of what you enter or a default estimate based on your household size (an HEM-style benchmark).
- Credit card limits are assessed as an ongoing monthly commitment of 3% of the total limit, regardless of balance owing.
- A year is treated as 12 months / 52 weeks / 26 fortnights.
Note: figures are estimates only, for illustrative purposes. Please consult a mortgage broker or lender about your specific circumstances before making financial decisions.