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Borrowing Calculator

Estimate home loan borrowing in Australia, instantly

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What is Borrowing Calculator?

The Borrowing Calculator is a free, privacy-first tool designed to help Australian home buyers estimate their borrowing power in under two minutes. Built using real Australian Tax Office (ATO) tax brackets and current lending standards, it gives you a realistic view of what you might be able to borrow for a property purchase or refinance.

Unlike bank calculators, this tool includes a built-in rate-rise stress test that shows how your borrowing power could be affected by interest rate increases. It also keeps your data entirely on your device, with no credit check and no impact on your credit score.

Simply enter your income, expenses, existing debts, and deposit; the calculator instantly provides a borrowing range along with repayment estimates at both current and stressed rates. You can toggle a partner’s income to see joint borrowing capacity, and even download a personalised report or book a free call with a mortgage broker for expert guidance.

How to use Borrowing Calculator

  1. 1

    Enter your income, expenses, debts, and deposit (about 2 minutes).

  2. 2

    View your estimated borrowing range and repayment figures instantly.

  3. 3

    Optionally toggle partner income for joint application estimates.

  4. 4

    Download your personalised report or book a free call with a broker.

Key features

Uses Australian tax brackets and lending standards for realistic estimates.

Stress test feature shows how rate rises affect your borrowing power.

100% private: no credit check, data stays on your device.

Instant results with repayment estimates at current and stressed rates.

Partner income toggle to compare single vs. joint borrowing capacity.

Use cases

  • First-time home buyers checking realistic borrowing limits.
  • Couples comparing single vs. joint borrowing capacity.
  • Homeowners stress-testing impacts of interest rate rises.
  • Refinancers exploring new loan affordability.
  • Privacy-conscious users wanting a credit-score-safe estimate.

Best for

First home buyersAustralian property seekersMortgage broker prospectsCouples applying jointlyPrivacy-conscious borrowersRefinancers

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Frequently asked questions about Borrowing Calculator

Common questions to help you decide if Borrowing Calculator is right for you.

Your borrowing power depends on income, expenses, debts, and lender criteria. Most lenders assess repayability at 2-3% above the actual rate. Use our free calculator for an estimate based on your situation.

No, it does not perform a credit check and has no impact on your credit score. It only uses the information you provide to generate an estimate.

It provides a reasonable estimate based on simplified lending criteria. Actual borrowing power varies by lender and factors like credit history. For precision, speak with a mortgage broker.

Yes, applying jointly increases borrowing power as lenders consider combined household income. The calculator includes a partner toggle to show the difference.

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