Borrowing Power Calculator
Find out how much you could borrow for a home loan. Enter your income, living expenses, and existing debts to get an instant estimate based on current assessment rates.
Borrowing Power Estimator
Find out how much you could borrow based on your financial situation
This is an estimate only and should not be taken as financial advice. Lenders typically use a higher assessment rate (2-3% above the actual rate offered) to ensure you can handle potential rate increases. Your actual borrowing power will depend on your individual circumstances, credit history, and the lender's specific criteria. Speak to a Finance World adviser for a personalised assessment.
Estimated Maximum Borrowing
$410,000
How borrowing power is calculated
Understanding the factors that determine how much a lender will offer you.
Your Income
Lenders look at your gross income and any additional regular earnings such as a partner's salary, overtime, or rental income.
Living Expenses
Your regular living costs including food, transport, utilities, insurance, and childcare are deducted from your income.
Existing Debts
Any ongoing debt repayments such as car loans, personal loans, credit cards, and buy-now-pay-later commitments reduce your capacity.
Assessment Rate
Lenders stress-test your affordability using a rate 2-3% above the offered rate to make sure you can handle future increases.
Know your numbers, let us find the deal
Now that you have an idea of your borrowing power, let Finance World compare 20+ lenders to find the best rate and structure for your situation.