Our Borrowing Power Calculator offers potential borrowers insight into how much they might be able to borrow based on their financial situation. It's a crucial first step in the home buying process, giving users a realistic idea of their budget, helping to narrow down property choices, and ensuring a responsible borrowing approach.
This is a rough estimate, not a pre-approval.
We assess your ability to repay at a rate 3 percentage points higher than the rate shown (9.00%), in line with standard lender practice, over a 30-year term. Real lenders also apply their own living expense benchmarks, income shading and credit card limit assessments, so your actual borrowing power will differ. It also doesn't account for your deposit or purchase costs.
The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you get in touch with us before taking out a loan so that we can provide you with advice that is tailored to your situation.
