Borrowing Power Calculator
How much can I borrow? Use this estimator to analyze your monthly serviceability and estimate your maximum home loan capacity.
Borrower Profile
Income
Expenses & Debts
You Could Borrow Up To
Income Allocation
How your monthly net income is split when borrowing at your maximum capacity:
Want to boost borrowing power?
Closing credit cards, consolidating debts, or applying jointly can significantly increase how much you can borrow.
Discuss with a BrokerHow do banks assess borrowing power?
Banks use a calculation called the Net Serviceability Ratio (NSR). They look at your gross and net income, apply standard tax schedules, subtract your actual living costs (or the Hemap Household Expenditure Measure benchmark, whichever is higher), and subtract existing debts.
Additionally, APRA (Australian Prudential Regulation Authority) guidelines mandate that lenders assess your ability to repay the loan at an interest rate that is 3.00% higher than the actual product interest rate to protect you from rate rises.
Disclaimer: This borrowing limit is an estimate only and does not constitute a formal loan offer or guarantee. Lenders assess applications on a wide range of factors, including credit score, employment stability, property type, and LVR.