Borrowing Calculator – Estimate How Much You Can Borrow in Australia
Find out your estimated borrowing power in under 2 minutes. Free, private, and built for Australian home buyers.
Australia-Focused
Built with ATO tax brackets and Australian lending standards
Rate-Rise Stress Test
See how rate increases would affect your borrowing power
Private & No Credit Check
Your data stays on your device. No impact on your credit score.
How It Works
Get your borrowing power estimate in three simple steps
Enter Your Details
Income, expenses, existing debts, and deposit. Takes about 2 minutes.
See Your Results
Instant borrowing power range with repayment estimates at current and stressed rates.
Get Expert Guidance
Download your personalised report or book a free call with a mortgage broker.
What People Are Saying
Trusted by Australian home buyers
“Way more useful than the bank calculators. I could actually see how different scenarios affected my borrowing power.”
Sarah M.
Sydney, NSW
“The stress test feature really opened my eyes. Helped me understand what I could actually afford, not just what I could borrow.”
James T.
Melbourne, VIC
“Simple and quick. Got my estimate in under 2 minutes and booked a call straight away.”
Priya K.
Brisbane, QLD
“As a first home buyer, this gave me a realistic picture before I started looking at properties.”
Michael L.
Perth, WA
Frequently Asked Questions
How much can I borrow for a home loan in Australia?
Your borrowing power depends on your income, expenses, existing debts, and the lender's assessment criteria. Most lenders assess your ability to repay at a rate 2-3% above the actual rate. Use our free calculator to get an estimate based on your specific situation.
Does this calculator affect my credit score?
No. This calculator does not perform a credit check and has no impact on your credit score. It uses the information you provide to generate an estimate only.
How accurate is this borrowing power estimate?
This calculator provides a reasonable estimate based on simplified lending criteria. Actual borrowing power varies between lenders and depends on factors like credit history, employment stability, and property type. For a precise figure, speak with a mortgage broker.
What is a serviceability buffer?
A serviceability buffer is an additional percentage (typically 3%) that lenders add to the current interest rate when assessing whether you can afford the loan. This ensures you can still make repayments if rates rise.
What is LMI and when does it apply?
Lenders Mortgage Insurance (LMI) is typically required when your deposit is less than 20% of the property value (LVR above 80%). LMI protects the lender, not you, and can add thousands to your loan costs.
Can I borrow more if I have a partner?
Yes, applying jointly with a partner or co-borrower typically increases your borrowing power as lenders consider the combined household income. Our calculator includes a partner toggle to show you the difference.
Ready to Find Out How Much You Can Borrow?
Free, takes 2 minutes, no credit check required.