Calculator

Borrowing Capacity

Estimate how much a lender might let you borrow. Uses APRA-style serviceability buffer (default 3%) on top of your product rate.

Applicants & Income

Application type

Applicant 1 gross income

Other income (rental, dividends)

Number of dependents

Expenses & CommitmentsAnnual living expenses

Lender will floor this at HEM benchmark.

Total credit card limits

Lender assesses ~3.8% of limit as monthly commitment.Other monthly debt repayments

Personal loans, novated lease, HECS not included.

Loan Assumptions

Product interest rate6.40%

Assessment buffer+3.00%

Loan term30 years

Export

Estimated borrowing capacity

$370,938

Assessed at 9.40% over 30 years

Net annual income

$93,212

After estimated PAYG tax

Monthly surplus

$3,638

Income less expenses & commitments

Likely repayment

$27,843

$2,320 / month at product rate

HEM floor used

$24,000

Your declared expenses applied

Lenders also assess HECS/HELP, novated leases, BNPL, recent enquiries, employment type (PAYG vs self-employed) and shading on rental income (typically 70–80%). For a precise number, speak to a broker.

General information only. Calculations are indicative, based on simplified rules current at FY2024–25, and exclude items such as foreign buyer surcharges, off-the-plan concessions, principal-place-of-residence rules and lender policy variation. Always verify with your accountant, broker and the relevant State Revenue Office calculator before transacting.