Borrowing power is simply an estimate of how much money you might be able to borrow when you apply for your loan. The higher your borrowing power, the higher the loan amount or credit limit you're likely to be eligible for. This helps you know what you can afford when you're looking at properties.
To calculate your borrowing power, we consider your personal financial situation, including your income, outgoings, and expenses, and assess your capability to make your potential repayments.