The Borrowing Power Calculator estimates the loan amount a household may be able to service from income, existing monthly commitments, deposit, interest rate, and loan term.
What the estimate includes
The calculation applies the entered income and debt-service assumptions to an amortizing loan model. It does not represent a lender approval and may omit living-expense tests, credit history, employment verification, insurance, taxes, fees, and lender-specific buffers.
Interpretation
Use the result to compare scenarios such as a larger deposit, lower debts, or a different term. Speak with a lender or licensed adviser before relying on the estimate for a purchase decision.