What isyour buying power? What type of home and where can you afford to purchase?
Our Borrowing Power Calculator estimates how much financial institutions may lend you.
Simply enter the loan amount, the property price, the deposit amount and your total annual gross income (including the income of anyone else purchasing the home with you).
The calculator estimates your maximum loan and total interest payments.. Select the repayment frequency (monthly, fortnightly or weekly) to view the estimated amount of each repayment.
Note that your maximum loan and repayments may change if the interest rate changes.
Use this calculator in conjunction with our Mortgage Calculator and Loan Repayment Calculator to get a better understanding of your potential mortgage commitments.