See how much you could borrow for a home loan across 40+ lenders.
Borrowing power is a lender’s view of the largest loan you could service, not the largest loan you should take. It starts with your income, subtracts your living expenses, existing repayments and credit card limits, then applies a serviceability buffer — an assessment rate a few percentage points above the actual rate — so the loan still works if rates rise. Because every lender sets its own expense benchmarks and buffer, the same household can get materially different answers from different lenders. A calculator gives you a realistic starting range; the number that matters is the one a specific lender puts in writing.
The three levers that move the number most are how the lender treats your income, how it assesses your commitments, and its debt-to-income ceiling. Variable income — overtime, bonuses, commission, rental income, self-employed profit — is shaded differently by each lender, sometimes counted in full and sometimes at a discount. Credit card limits are usually assessed as though they are fully drawn, so an unused card with a high limit can quietly cost you borrowing capacity. Reducing or closing cards before you apply is one of the few changes that moves the number quickly.
Treat the output as a ceiling, not a target. Borrowing to your absolute maximum leaves no room for a rate rise, a repair bill or a change in income. Run the figure through the loan repayment calculator to see what the monthly commitment feels like against your actual budget, then work backwards to a number you would still be comfortable with if repayments rose.
A calculator gives you a starting figure. What a lender will actually approve depends on your income, expenses, credit history and the property, and it varies between lenders. We compare more than 40 lenders on our panel and will tell you where you genuinely stand — see our home loan, refinancing and car loan services, or the suburb pages for Werribee, Tarneit and Point Cook.
It gives a realistic range, not an approval. A lender applies its own expense benchmarks, income treatment and serviceability buffer, so the assessed figure can differ. Only a lender’s assessment is binding.
Using a calculator does not. A formal application involves a credit enquiry, which is recorded. We can assess your position first and only proceed when you are ready.
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