Borrowing Power Calculator

Determining your borrowing power is a vital step in assessing the amount you can borrow for a home loan. It is calculated by deducting your expenses from your net income (income after tax). This includes daily living costs, financial commitments, and existing debts.

Calculate Your Borrowing Power for a Home Loan

Utilise Our Borrowing Power Calculator

Our range of user-friendly home loan calculators to estimate your potential borrowing capacity. Simply input your income and expenses to receive an accurate figure. This knowledge will empower you when house hunting, enabling you to set a realistic price range.

Factors Impacting Borrowing Power

Several factors can affect your borrowing power beyond income and expenses. Consider outstanding credit card or personal loan debts, credit limits, and credit history. Our expert home loan specialists can provide detailed insights into the elements that influence your borrowing capacity.

Getting an Accurate Estimate

To obtain a more precise borrowing capacity estimate, provide comprehensive and precise details in our calculator. Understanding your expenses is key, so take the time to evaluate and enter accurate information.

Remember the Limitations

While our borrowing power calculator provides a useful estimate, it is not a guarantee of your final borrowing capacity. It does not consider your complete financial position or eligibility criteria for a home loan. For personalised guidance and a detailed discussion of your options, contact us to arrange a chat with one of our experienced home loan experts.

Plan Ahead with Confidence

By understanding your borrowing power, you can make informed decisions when planning your home purchase. Our team is here to support you throughout the process, helping you navigate the complexities and guiding you towards the best home loan options. When you’re ready, we invite you to Request A Free Lending Strategy Session.