BSB 806 015

To give you the best possible experience, this site uses cookies. Learn more about cookies.

BSB 806 015

Home Loan Borrowing Power Calculator

Buying a home is a giant, life-changing step. For most people, it’s a milestone achievement, though it can come with some pretty serious concerns about financial readiness and what buying a home may mean for your lifestyle. This home loan borrowing calculator helps you work through the numbers and step forward into buying a home with confidence that you are making a commitment you can live comfortably with. 

Things to know

Factoring your current income, expenses, and debt, the calculator shows your current borrowing power and gives you a reasonable estimate of the payments, interest costs, and time to payoff for the home purchase you are considering.

Maybe you’ve been asking yourself, “How can I improve my borrowing power?” The home loan borrowing calculator shows you the results of hypothetical changes like paying down your car loan or a personal loan, reducing the number of credit cards you hold (reducing the potential debt represented by the credit limits of those cards), making adjustments to living expenses, or increasing your income. Borrowing power is about more than simply asking how much you are allowed to borrow; it’s about how much you can borrow and still manage a comfortable life.


The results from this calculator should be used as an indication only. Figures provided are for illustrative purposes only and are based on the information provided. The calculations do not take into account any product features or fees and charges that may be charged to your loan or fees such as Lenders Mortgage Insurance, which if applicable will add to the cost of your loan and repayments. Results do not represent a quote or pre qualification for a loan. Individual institutions apply different formulas. Information such as interest rates quoted and default figures used in the assumptions are subject to change. Lending criteria applies to the approval of credit products. Terms and conditions apply and are available on request. Fees and charges are payable.

Calculator by Widget Works

Comparison rate based on a loan of $150,000 for a term of 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees & charges. Different terms, fees and other loan amounts might result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Loan Value Ratio (LVR) is the proportion of money you borrow for a home loan compared to the value of the property. Rates stated are subject to change without notice. Fees and charges are payable. Lending Criteria applies to the approval of credit products and Terms and Conditions are applicable which are available on request.

View Home Loan Key Fact Sheets

We'd like to use your current location

For a more localised experience please enter your location below...


Set your location for a more localised experience.