Budget Calculator

Calculate your monthly budget to assess loan affordability

  • Use this calculator to assess your total monthly expenses. You can estimate total costs with weekly, fortnightly, monthly, and yearly payments but it will calculate your total monthly costs

  • Use this in conjunction with the borrow amount mortgage calculator to see how much you can borrow

  • If you are unsure on what figure to insert there are instructions below

  • If you need help with this calculator please do not hesitate to contact us.

Compare Home Loans Calculator

Compare home loan lenders interest rates, fees and products side by side. All the mortgage calculations are done for you.

Mortgage calculations such as repayment amount, fees, comparison rate and total cost of loan are all done for you in a side by side comparison

Compare Home Loans

How To Use This Calculator


- Simply complete each sections as best you can. Be honest as you possible can so the estimate is accurate

- Most field have been thought of, however, if you have extra monthly payments insert this into any field

- Use this in combination with other calculator on this site to find out how much you can realistically borrow. We recommend you find out the following;

How much you can borrow - will show you how much most lenders will allow you to borrow

Mortgage Repayments - find out how much your mortgage repayments will be and see if you can afford to make the repayments according to your budget

Important Notes

Exclude rent because if you purchase a property you will not incur this expense but you will have mortgage repayments

Omit certain luxuries that you are willing to forego to improve your budget

Important Note About The Calculator

This is an estimate only. It is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a quote. Results are based on amortised scheduled repayments and, once any discount or fixed rate period expires, applies the current variable rate for the remainder of the loan term. All applications for credit are subject to lenders normal credit approval criteria.