Borrowing power

Whether you’re a first homebuyer or purchasing an investment property, it helps to have a clear view of your borrowing power before you start searching for a home. By simply entering a few details into the calculator below, you’ll receive an instant estimate of how much you may be able to borrow, your indicative interest rate and loan repayment amount.

The more borrowing power you have, the higher credit limit or loan amount you are likely to get. But as the borrowing power calculator shows, that amount depends on a range of factors such as your income, assets, and current living expenses. Different lenders will also have their own formulas for calculating borrowing power. If this calculator didn’t give you the answer you were hoping for, you might consider making adjustments to help increase your borrowing power.