Borrowing power calculator

Figuring Out Your Borrowing Capacity

Curious about how much you could potentially borrow for a home loan? Our borrowing power calculator offers a quick estimate of what a lender might approve based on your financial situation.

It’s a useful tool to try before reaching out to a mortgage broker, as it helps you understand how varying interest rates and loan terms can impact your borrowing limit, total interest costs, and expected monthly repayments.

Simply input the loan term, your income (and any co-applicant’s income), your regular expenses, and the number of dependants you support. The calculator then estimates your borrowing capacity by analysing your income against your financial commitments.

Be sure to use accurate and realistic figures to get a clearer picture of what you can afford without putting yourself under financial strain. For a more complete view of your potential repayments, try using this tool alongside our home loan repayment calculator.