Calculators
Borrowing power calculator
Use this calculator to explore an indicative scenario before speaking with a broker.
01Your income
Joint income
Dependent children
02Your expenses
Using the lender benchmark of $3,150 a month — higher than the living expenses entered.
03Your loan
% p.a.
Loan term
You can borrow up to
$567,000
Assessed at 8.50% — your 5.50% rate plus the 3% buffer.
RepaymentAt 5.50%
Monthly$3,219.36
Fortnightly$1,485.86
Weekly$742.93
Loan balanceBalance owingRepayments left
$0$0$0$0
Start of loanHover to scrub
Balance$567,000
Repayments left$1,158,970.91
Assumptions
Income entered is net (after tax), converted to a monthly figureAssessed at your interest rate plus a 3% serviceability bufferLiving expenses are the higher of the figure entered and a household benchmarkCredit card limits are assessed at 3.8% of the limit per month, regardless of balancePrincipal and interest repayments over the selected termExcludes fees, LMI, stamp duty and lender-specific income shading
The calculations do not take into account all fees and charges. Results are estimates only and should not be relied on to make a loan decision. Interest rates and other costs can change. Calculator results are not an offer of credit or a pre-approval. Discuss your individual situation with a qualified Australian Credit Licensee or authorised Credit Representative.
Book a broker call
Put the estimate in context
We will check the inputs, lender policy, fees and the 3% serviceability buffer before you apply.
No application on the first call
We start by checking whether the request is workable.
A document list for your file
You collect only the items relevant to your income and loan type.
A broker calls you
Your enquiry goes to a lending professional.