Your Borrowing Potential Calculator
Want to know how much you can borrow for your dream home?
Our borrowing power calculator shows your borrowing potential in minutes. Enter your income, expenses, and savings to discover your real estate borrowing capacity with Australian lenders. Understanding your borrowing power is the first step to buying property with confidence.
This free tool gives you realistic numbers based on what banks actually lend, so you can plan your home search properly.
Whether you’re a first-time buyer or upgrading to a bigger home, know your borrowing potential before you start looking.
Get clear answers about your real estate borrowing limits today and make your property dreams happen.
Borrowing Power Calculator
Estimate how much you could borrow based on your income and expenses.
These are estimates only. A broker can check your real borrowing capacity across 60+ lenders.
Book a Free ConsultationThese are estimates only. A broker can check your real borrowing capacity across 60+ lenders.
Book a Free ConsultationWhat affects how much you can borrow?
- Your income – salary, wages and other regular income. If you are self-employed, lenders usually want two years of business figures.
- Your living expenses – rent, groceries, bills, childcare and other regular costs. Lower expenses mean more borrowing power.
- Your debts – car loans, personal loans, buy now pay later and credit cards. Lenders count the full credit card limit, even if you owe nothing on it.
- Your deposit – a bigger deposit means a smaller loan. With 20% or more, you usually avoid lenders mortgage insurance (LMI).
How lenders work it out
Lenders take your income, subtract your expenses and debts, and check what you can afford to repay. They also test whether you could still make repayments if interest rates rose by a buffer, usually around 3%. That is why the amount a bank will lend is often lower than people expect.
How to increase your borrowing power
- Pay down or close credit cards and personal loans
- Keep your spending steady for a few months before you apply
- Save a bigger deposit
- Pay bills on time to protect your credit score
Every lender works this out differently, so the same person can get very different answers. We compare 60+ lenders to find the ones that suit your situation.
Would you like to speak to one of our mortgage brokers? Just submit your contact details and we’ll be in touch shortly. You can also email us if you prefer that type of communication.