Calculator
Borrowing Power Calculator
See an indicative borrowing range based on income, expenses and debts.
Educational information — not personalised financial advice.
Borrowing Power Calculator
An indicative borrowing range based on income, expenses, debts and dependants.
Rental, government or investment income. Discounted in the assessment.
A household benchmark is applied if your figure is lower.
Car loans, personal loans, buy-now-pay-later.
Indicative borrowing estimate
$595,000
Range $535,000 – $654,000
Assessment rate used
9.10%
Buffer applied above your rate
Repayment at estimate
$3,606/mo
At the rate you entered
Assessed monthly income
$7,768
Assessed commitments
$2,400
This is an estimate for education only. It is not a lending decision, pre-approval, offer of credit or a recommendation about any product.
Educational information — not personalised financial advice.
Where this comes from: This model applies a simplified tax estimate, a household expenditure benchmark and an interest rate buffer above the rate you enter. Every lender assesses differently — results are estimates and not a lending decision, pre-approval or offer.
How this calculator works
This calculator produces an indicative borrowing range using a simplified serviceability model: income after tax, benchmark living expenses, existing commitments and an interest rate buffer.
Assumptions
- An assessment buffer is added to the rate you enter, with a minimum assessment floor
- Living expenses use a benchmark if your figure is lower than the benchmark
- Credit card limits are treated as a monthly commitment, not the balance owing
- Lenders use their own policies, so real outcomes vary between lenders
Results are estimates for educational purposes and are not a lending decision, an approval or an offer of credit.
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