Your home loan borrowing capacity depends on your income, living expenses, existing debts, dependants and the lender's assessment criteria. This borrowing power calculator provides an estimate of how much you may be able to borrow before applying for a home loan.
No. Using our borrowing power calculator won't affect your credit score because it doesn't involve a formal credit enquiry. A lender may conduct a credit check when you submit a home loan application.
You may be able to improve your borrowing capacity by reducing existing debts, lowering credit card limits, managing regular expenses or increasing your income. Different lenders also assess borrowing capacity differently, so comparing options can help.
No. A borrowing power calculator provides an estimate based on the information entered. Home loan pre-approval involves a lender assessing your financial circumstances and is generally subject to additional conditions.
