Borrowing Power Calculator Australia
Estimate possible borrowing power using income, expenses, debt repayments, dependants, interest rate and a serviceability buffer.
Estimated borrowing power
$325,252.06
Assessment repayment capacity
$2,675.77
Monthly estimate
Assessment rate used
9.25%
Disclaimer: Borrowing power results are estimates only and are not a loan offer, pre-approval, credit approval or lending recommendation.
What this calculator estimates
- •Estimated maximum loan amount
- •Monthly repayment capacity
- •Assessment rate used
- •Impact of expenses and debts
What affects the result
- •Income after tax
- •Living expenses
- •Existing debts and credit limits
- •Dependants
- •Lender assessment rate and buffer
Frequently asked questions
Is this bank approval?
No. It is not approval, pre-approval or credit advice.
Do lenders use different rules?
Yes. Each lender applies its own serviceability model.
Does it include credit card limits?
Enter monthly debt commitments for a rough estimate.
Why is there a buffer?
Lenders commonly assess whether repayments remain affordable at a higher rate.
Independent estimate disclaimer
Oz Pay Check is an independent, privately operated calculator website. Results are estimates only and do not constitute financial, tax, legal, lending, property, employment, Centrelink, Services Australia, ATO or government advice. Actual results may differ due to lender rules, state laws, awards, agreements, government assessment, transaction dates, concessions, exemptions, tax treatment and your personal circumstances.