Estimate how much you may be able to borrow before you apply for a home loan.
Our borrowing power calculator gives you a starting point based on the income, expenses and financial commitments you enter. It can help you understand what a lender may consider when assessing your application, including your earnings, debts, living costs and overall financial position.
Your borrowing power is only an estimate. Each lender uses its own assessment model, which means your maximum loan amount may vary depending on the lender, loan type, interest rate, credit history and application details.
Before you start looking for a property or reviewing home loan options, it helps to know what your budget could look like.
Use the calculator to estimate:
The calculator is designed to provide a general indication only. You will only know how much you can borrow once your application has been assessed by a lender and you receive conditional approval.
Mortgage Cashback can help you take the next step by reviewing your position, explaining lender requirements and helping you understand which eligible home loan options may suit your requirements and objectives.
If your eligible loan settles through Mortgage Cashback and trail commission is received from the lender, we refund that trail commission to you each year as cashback. Cashback is a secondary benefit and does not influence which lender or loan we recommend.
Once you have an estimate, we can help you understand what it means. Mortgage Cashback can review your borrowing position, help you prepare for a loan application and explain how yearly cashback may work if trail commission is received from the lender.
Cashback amounts may vary based on your lender, loan balance, loan type, eligibility and whether trail commission is received.
