Borrowing power calculator

Work out the maximum loan you could support given a repayment you're comfortable making. This is the "what can this repayment buy me?" answer — a real lender applies stricter serviceability tests.

Affordability

Affordable repayment (AUD)

Interest rate (% p.a.)

Term (years)

Repayment frequency

You could borrow up to

$569,044

at $3,500 per month (≈ $3,500 / month)

Assumptions

Principal-and-interest repayments at a fixed rate for the full term.
No fees, deposits, or lender's mortgage insurance (LMI) factored in.
Lenders typically assess serviceability at the rate you pay plus APRA's buffer (currently 3% above the actual rate). Add that buffer to your rate here to see the conservative number.
Doesn't account for your income, expenses, dependants, or existing debts.