Borrowing Power Calculator
Use our borrowing power calculator to get a rough idea of how much you may be able to borrow based on your income, expenses and financial position.
It is a useful starting point if you are buying your first home, planning your next move, looking at an investment property or simply trying to understand what may be possible.
Get a clearer idea of what may be possible
Knowing your borrowing power can help you start with more confidence. It gives you a rough guide on what lenders may be prepared to offer, based on the information you provide.
This can help you understand your budget earlier and make better decisions before you start seriously looking at properties.
A useful starting point, not the full picture
This calculator is designed to give you an estimate only. Borrowing power can vary depending on the lender, your financial situation, the type of loan and how your application is assessed.
That means the figure you see here is a guide, not a formal approval.
Want a more accurate answer?
If you want a clearer understanding of what you may be able to borrow based on your actual circumstances, The Mortgage People can help
We can talk through your situation, explain your options and help you understand what may make sense from here.