Borrow Amount Mortgage Calculator
The calculator provides an estimate of how much you can borrow and is in not a pre-approval for a loan.
If you are unsure on what figure to insert there are instructions below
Each lender will lend different amounts based on the information provided and this calculator is only an estimate
There are many factors that determine borrow amounts and it is recommended that you click the button below and have one of our mortgage advisors calculate exactly how much you can borrow.
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
Proposed Loan Amount - Estimate of how much you would like to borrow
Proposed Purchase Price - Estimate of purchase price or value of current home if refinancing
Deposit Amount - The amount of cash you will put towards the purchase or equity in current property
Number of Single Adults - Number of adults that are not in a relationship that are applying for the loan. For example, if two friends are applying for a loan you would place "2" adults. If you are in a relationship insert "0" adults and "1" couple.
Number of Couple - If you are married or in a defacto relationship the number here is "1". This will count for two adults in a relationship.
Number of Children / Dependents - This is the number of children under the age of 18 that are dependent on you living at home
Credit Card Limits - Calculate your total credit card limits. Do not insert how much you owe. Even if your credit card debt is paid you still need to insert the limit of all credit cards owned.
Car Loan Repayments - Insert your monthly car loan repayments
Personal Loan Repayments - Insert your monthly personal loan repayments
Other Repayments - This can be any thing from HELP debt, child maintenance, tax etc
Annual Income - Insert your gross annual income from your employment. This is the amount before you get taxed. Not your take home pay
Annual Business Income - This is the Net Profit Before Tax or the businesses taxable income. If you are unsure contact your accountant.
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.