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Borrowing power calculator

How much can I borrow?

Enter your income, expenses and existing commitments to see an indicative borrowing amount, estimated repayments and potential property budget.

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Indicative borrowing power$473,349

Indicative only — lender policies and the way income, expenses and commitments are assessed can change the outcome.

Assessed at 8.9% over 30 years (your rate plus a 3% buffer).

Indicative property budget*: $513,349
Repayments at 5.90%: $2,808 / mo
Assessable gross income: $95,000 / yr
Income tax: $19,020 / yr
Medicare levy: $1,900 / yr
HELP / HECS repayment: $0 / yr
Net household income: $6,173 / mo
Living expenses used: $2,200 / mo
Private health insurance: $0 / mo
Assessed commitments: $2,200 / mo
Monthly surplus: $3,973 / mo
Serviceability buffer (5%): −$199 / mo
Surplus available for repayments: $3,775 / mo

How the estimate is calculated

Base salary is counted at 100%; rental, bonus, overtime, commission and other regular income are counted at 80% for serviceability.
Income tax and the 2% Medicare estimate use full entered applicant income; HELP follows the 2026–27 marginal method and current thresholds.
Living expenses use the higher of your figure or the income-scaled Sydney benchmark; the $300k and $400k values are extrapolated estimates.
Private health insurance is excluded from living expenses and added separately to monthly commitments.
A 5% buffer is held back from your monthly surplus.
Credit cards use 3.8% of the total limit each month, even if the balance is zero.

*Before stamp duty, legal fees, LMI and other purchase costs. Lenders use their own policies and may assess income, expenses and commitments differently. This is a general, indicative estimate only — not an offer, pre-approval or personal recommendation.

Get a real number from Will Talk through your result

Rate sensitivity

See it visually

Estimated borrowing power if the selected interest rate moves.

$514k4.90%

$495k5.40%

$473k5.90%

$453k6.40%

$434k6.90%

$416k7.40%

$400k7.90%

Compare a what-if

Scenario lab

Compare your current result with a different rate and deposit.

Scenario A

Your calculator settings$513,349

$473,349 loan · $2,808 / mo

Scenario B

Your what-if$593,130

Interest rate

Deposit

Property budget difference+$79,780

Borrowing power difference−$30,220

Monthly repayment difference+$37

Next step

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