Borrowing Power Calculator

Estimate how much you could borrow for a home loan based on your income and expenses.

Your Financial Details

Monthly Cash Flow Breakdown

Est. Net Income: $0 / mo
Total Commitments: $0 / mo
Monthly Surplus: $0 / mo
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Est. Borrowing Power
$0
Est. Monthly Repayment
$0 / mo
Hover over the graph to see borrowing capacity across different loan terms.
Why do loan terms affect how much you can borrow? A longer loan term (e.g. 30 years vs 15 years) spreads repayments over more time, lowering your required regular payments. Because lenders assess borrowing capacity against your available cash flow, lower required repayments mean you can qualify for a larger total loan amount.
  • General Information Only: The information on this website is for general information only. It should not be taken as constituting professional advice from the website owner, ClearCents.
  • No Financial Advice: The information provided is general only and has been prepared without taking into account your specific objectives, financial situation, or individual needs. You should consider seeking independent legal, financial, taxation, or other advice to check how this information relates to your unique circumstances.
  • Liability: ClearCents is not liable for any loss caused, whether due to negligence or otherwise, arising from the use of, or reliance on, the information provided directly or indirectly by this tool.
  • Illustrative Purpose: The results provided by this calculator should not be taken as a substitute for professional advice. ClearCents provides no warranties and makes no representation that the information provided is appropriate for your particular circumstances or indicates you should follow a particular course of action.
  • Serviceability Buffer (Assessment Rate): Borrowing capacity is assessed using an interest rate equal to your entered interest rate plus a 3.00% serviceability buffer to test repayment capability against interest rate increases.
  • Net Income & Taxation: Gross annual income is converted to estimated net monthly cash flow using standard Australian individual income tax brackets and the Medicare levy.
  • Living Expense Benchmarks: Assessed living expenses reflect whichever is higher: your declared monthly living expenses or a baseline expenditure benchmark based on application type (single or joint) and number of dependents.
  • Net Surplus Serviceability Cap: Borrowing capacity is calculated based on a maximum debt serviceability threshold applied to your net monthly surplus (net income minus total assessed commitments and debts).
  • Repayment Structures & Frequencies: Calculations assume principal-and-interest repayments over the selected loan term. Fortnightly and weekly repayment estimates are derived directly from the annualised monthly repayment amount.