AusCalculators Logo

AusCalculators

appsAll ToolshomeMortgagessavingsSuperreceipt_longTax & PayapartmentPropertyfamily_restroomFamily & CCScredit_cardPersonal FinanceanalyticsTake-Home Payauto_storiesGuides

Borrowing Power Estimator

Find out how much you can borrow based on your current financial profile.

personApplicant Details

Application Type

info
Lenders use higher living-expense benchmarks per dependant. This estimate uses only the living expenses you enter, so include dependants there.

paymentsAnnual Income

$
$

account_balance_walletExpenses & Liabilities

info
Household total: groceries, transport, utilities, childcare, etc. Do not include the new mortgage. Lenders may use a higher benchmark than you enter.
$
info
Car loans, personal loans, or secondary mortgages.
$
info
Lenders usually assess 3% of your limit as a monthly expense.
$

Estimated Borrowing Power

monitoring

Calculate to see results

tuneLoan Assumptions

Loan Term

30 years

info
Lenders assess repayments at a buffer above the actual rate (APRA expects at least 3 percentage points). Enter the assessment rate here.
%
auto_stories
Guide & Knowledge Hub

Complete Financial Guide Available

Worked numerical examples, step-by-step methodology, and FAQs.

Pillar Hub
Mortgage/Loan Resource

Borrowing Power Calculator FAQ

Get quick, clear answers to common questions about our borrowing power calculator.

coffee

☕ Support this calculator

This tool is free and ad-supported. If it helped you, consider supporting the site.

Buy me a coffee

Related Calculators

home

Mortgage Calculator

Standard home loan repayment calculator with amortization graph.

payments

Home Loan Repayment Simulator

Track how offset accounts and extra repayments shorten your loan.

directions_car

Personal Loan Calculator

Repayment calculator for cars, travel, or debt consolidation.

compare_arrows

Loan Comparison Calculator

Compare two loan products including interest rates and ongoing fees.

account_balance_wallet

Mortgage Offset Calculator

Visualize the massive interest savings from your offset account.

change_circle

Refinance Calculator

Check if switching lenders will actually save you money after fees.

savings

Extra Repayment Calculator

See how an extra $50 or $100 per month changes your loan life.

swap_horiz

Mortgage Switching Calculator

Advanced comparison for intro-rates and revert-rate scenarios.

money_off

Interest-Only Mortgage Calculator

Calculate repayments for investment loan IO periods.

credit_card

Credit Card Repayment Calculator Australia

Escape the minimum payment trap with this repayment simulator.