Borrowing Power Calculator

Estimate the maximum loan a lender will approve based on your income, expenses and existing debts — with the APRA 3% serviceability buffer automatically applied.

Applicants

Annual Gross Income$100,000

$20k$500k

Monthly Living Expenses$2,500

$500$15k

Existing Monthly Debt Repayments$0

$0$10k

Dependents (children / dependants)

Interest Rate6.50%

1.00%15.00%

Loan Term30 years

5 years30 years

Estimated Maximum Borrowing Power

$366,389

Assessed at 9.50% (6.50% + 3% APRA buffer)

Estimate

80% LVR — no LMI

$457,986

Deposit required: $91,597

90% LVR — LMI applies

$407,099

Deposit required: $40,710

Monthly Net Income

$6,351

after tax

Expenses Used

$2,500

declared

Available for Repayment

$3,851

per month

Available for Repayment$3,851

Living Expenses$2,500

Your borrowing power is primarily limited by income. Adding a partner applicant or increasing income can significantly boost your limit.

This calculator provides estimates for general information purposes only. Results are not financial, tax or legal advice and do not take into account your personal circumstances. Always consult a licensed professional before making any financial decisions.

Frequently Asked Questions

Next step: calculate your stamp duty

Know your borrowing power? Now see how much stamp duty and upfront costs to budget for.

Stamp Duty Calculator →