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Home Loan Borrowing Power Calculator

Start your property journey by calculating your borrowing power estimate

Borrowing Power Calculator

Loan details

The loan is for
The property is
$
Enter the before tax total
$
Enter the before tax total
$
Enter the before tax total
children
$
$
$
6%
0%15%
30years
0years30years

SOME ASSUMPTIONS:

  • Monthly repayment on credit card limit is 3%.
  • APRA buffer that banks use to assess the serviceability of home loans is 3%.
  • The estimated remaining income is based on your income with no tax minimisation; no consideration has been made for other debts/repayments not captured in this form. Your financial situation may vary significantly.
  • New monthly expenses only cover existing living expenses, existing loan/estimated credit card repayments and estimated new loan monthly payments.
  • New loan repayments are P&I based on the rate and timeframe you have selected.

Financial analysis

$

$
This is 20%. Avoids LMI.

$

$

$

$

So, you know what you can borrow. Now it's time to find a suitable loan.

We can search through over 2,500 different home loan options and help find the right loan for your individual needs. Plus, our experts will negotiate on your behalf to get you the best deal possible.

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Are home loans making your head spin?

An Gloss Finance Broker will take over the research and guide you in choosing the right home loan

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Mortgage Repayments Calculator

Calculate your estimated home loan repayments, or see how refinancing could help save you money

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How close are you to mortgage stress?

Estimate your financial risk when rates change…which is happening way too often at the moment.

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Gloss Finance is your local broker and we're here to help you make your next move.

Call us to talk finance

Our expert insights will help guide you through the process and get you to your goal sooner.

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Start your application

Save time. Send us some quick details and we will find you great loan rates, fast.

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Hobart's premium finance brokers

We simplify the loan journey and make finance really happen for our customers.

  • Gloss Finance
  • , Hobart

Narelle Kerstan Financial Services Pty Ltd, ABN:  90120642784 (Credit Representative:  392604) is a Credit Representative of Mortgage Specialist Pty Ltd (Australian Credit Licence Number 387025)

Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. Any recommendations made about a financial product are general advice only and has not taken into account your particular needs and circumstances. You should consider the Product Disclosure Statement to determine if the product is suitable for you before you decide to purchase it.