Mortgage Calculator

Asking yourself, how much can I borrow?

Click the link below, enter your income and expenses to estimate how much you may be able to borrow for your home loan.

Things you should know

Calculations are estimates provided as a guide only. They assume interest rates don’t change over the life of the loan and are calculated on the rate that applies for the initial period of the loan e.g. for fixed rate options, the repayments are for the initial fixed rate period only.

Weekly / fortnightly amounts only apply if you’re paying by Direct Debit (Set up with your chosen financial institution). For all other payment methods, you’ll need to pay the monthly amount.

We have different rates that apply, depending on whether you are making interest only payments or principal and interest repayments.  During an interest only period, your interest only payments won’t reduce your loan balance. At the end of an interest only period, your repayments will increase to cover principal and interest components.

Interest rates referenced are current rates and may change at any time.

Fees and charges are payable. The calculations do not take into account fees, charges or other amounts that may be charged to your loan (such as establishment or monthly service fees or stamp duty). Lenders’ Mortgage Insurance or a Low Deposit Premium may apply to your loan depending on the size of your deposit; security, applicant and loan attributes. This is a one-off cost and will be added to the loan amount. Any of these additional amounts will increase repayments under the loan.

Calculations are not a loan approval. Applications are subject to credit approval, satisfactory security and minimum deposit requirements. Conditions apply to all loan options. Full terms and conditions will be set out in your loan offer, with wherever you chose to source a suitable finance option.

For investment loans, negative gearing may be applied in determining your borrowing capacity. Availability will depend on the finances credit policy, your security and loan attributes and other information that you may need to provide. You should seek independent, professional financial and tax advice before making any decision based on this information.