Borrowing power
Estimate how much you could borrow, the way lenders test it. No upper limits.
Example figures are filled in. Replace them with your own.
Estimated borrowing
$979,000
Limited by your monthly surplus- Monthly surplus for a loan
- $6,850
- Loan that surplus repays at the test rate
- $979,671
- Debt-to-income cap (6×) less other debts
- $1,065,000
Surplus = take-home pay − living costs − other repayments. The loan that surplus repays at 7.5% over 30 years is compared with 6× income less existing debts; the lower figure is shown, rounded down. Lenders also check your deposit, credit file and their own buffers.
Everyone's situation is different. These figures are a starting point. An adviser can run a personalised calculation with your real numbers and current lender policies.
Results are estimates for planning, using standard loan maths, and should be used as a guide only. They assume rates stay the same and leave out fees you haven't entered. They are not an offer or approval of finance, and not financial advice.
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Everyone's situation is unique. An adviser can run a personalised calculation with your real figures.