How Much Can I Borrow?

Please note the results from How Much Can I Borrow calculator should be used as an indication only. There are a large number of lenders in Australia all with different lending conditions and your individual circumstances are unique as well. If you want more precise results please contact us for a free personalised consultation.

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View assumptions used for this calculator

Income

100% of the income amount entered is utilised in the calculation.

Credit Card Repayments

The credit limit amount is based on the total limit of all credit cards entered.

Interest Rate

To ensure that affordability is not affected should there be any possible rate increases on the loan, we have allowed for a buffer 1.5 times the interest rate entered. E.g. if there is a 4% interest rate, we use 6% as the buffer.

Calendar frequencies

We assume the following:
Months - Each month has an equal number of days and there are 12 in one year.
Year - Contains 52 weeks or 26 fortnights.

Loan Repayment

Loan repayments are rounded to the nearest cent.

Calculate how much you can borrow
Loan AmountMonthly PaymentsInterest PaidInterest RateLoan Term
$0.00$0.00$0.000%0 years & 0 months
Your Details
Your monthly income after taxes ($)
The number of loan applicants
The number of dependents you have
The limits on your credit cards ($)
The amount you pay monthly to your existing loans ($)
Loan Details
The annual interest rate (%)
Time until loan is fully payed off

Borrowing Power Calculator

Enter your personal circumstances and the details of the loan you want to get an estimate of how much you could borrow, aswell as the monthly repayments and interest you would pay on the loan.

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