koalify_logo

Borrowing Power Calculator

This intuitive borrowing power calculator provides a comprehensive estimate of your home loan potential, including your borrowing capacity, the value of a home you can comfortably afford with a 20% deposit, and the monthly repayments you would need to plan for. Input the following:


1. Number of applicants (solo or joint, e.g., with a spouse)
2. Each applicant's salary and any rental income
3. Estimated monthly living expenses
4. Total credit card limits and minimum monthly payments for existing debts (like car or personal loans, HECS/HELP)
5. Indicative loan interest rate, term, and preferred repayment frequency


To use this tool, input the desired loan amount, the loan's term, the interest rate, and your preferred repayment frequency. The calculator is configured to assume principal and interest repayments.

Your monthly expanses
icon
+Add credit card limit
icon
+Add other loan repayment
icon
Your income
icon
icon
icon
30
Calculator assumptions
icon
You can borrow up to0
Which means you can afford a house up to0
Estimated repayments of
0 monthly

Compare rates from multiple lenders online

house_get_quotes
icon

The images or content displayed on the koalify.au website, which feature financial product details including interest rates, are solely for demonstration purposes.The Koalify website does not endorse any specific credit products, and nothing contained within the site should be interpreted as offering credit advice. Should you opt to engage with a Koalify home loan expert, credit assistance might then be provided, at which point you will receive the pertinent information and documentation relevant to your interaction. Access and use of this site and any of its services are governed by our Terms & Conditions and Privacy Policy.

© 2024 Koalify. KOALIFY GROUP PTY LTD trading as Koalify. ABN 43673755130. Credit Representative Number 557851 is authorised under Australian Credit Licence Number 389328. All Rights Reserved.