Borrowing Power Calculator

Estimate how much you may be able to borrow for a home loan.
Total Annual Income $90,000.00
Estimated Monthly Income $7,500.00
Existing Monthly Commitments $0.00
Estimated Maximum Monthly Repayment $0.00
Estimated Borrowing Power $0.00

This calculator provides a general estimate of potential borrowing capacity based on income, expenses, existing financial commitments, dependants, loan term and interest rate. Actual borrowing power may vary significantly between lenders and depends on lending policies, assessment rates, taxes, living expense benchmarks and individual circumstances.

How this calculator works

The Borrowing Power Calculator estimates how much you may be able to borrow based on your income, expenses, existing debts, loan term and interest rate. It estimates your available monthly repayments and uses common lending calculations to provide an approximate borrowing capacity. Actual borrowing limits will vary between lenders and lending policies.