The Borrowing Power Calculator gives you an Idea of How Much You Can Borrow based upon your Income & Expenses:
About Our Calculator:
Our borrowing power calculator is the ideal tool for those of you that might be keen to see how much you can borrow – or how much you can afford to pay back.
There are a number of things that can play a role in your borrowing potential; from your credit history and score, right through to your annual earnings, your personal expenses and your reliability as a borrower.
By using our calculator you’ll be able to take advantage of an inside view of your potential to borrow from some of the most popular banks in and around Melbourne.
Learning How Much You Can Borrow
If you’re keen to find out how much your income might allow you to borrow, then be sure to enter the details as accurately as possible.
You won’t need to worry about the technicalities; that’s what our calculator is here for. Simply enter the amount that you’d like to borrow, the duration of your repayment plan and any other relevant details that need including - and our helpful tool will take care of the rest.
Why Might You Need to Know Your Borrowing Potential?
If you’re planning on applying for a mortgage with a bank, if you’re keen to maximise your chances of approval, or if you’re curious to learn which type of budget you might be able to afford – our calculator can be very beneficial.
Credit Representative Number 496186 is authorised under Australian Credit Licence Number 389328.
ABN - 63 007 814 458. Member of MFAA.
Disclaimer -This page/article provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Subject to lenders terms and conditions, fees and charges and eligibility criteria apply.