Home Loan Borrowing Power Calculator

How much could you potentially borrow for your mortgage? Our home loan borrowing power calculator will show you what a financial institution may lend you, based on your income and expenses.

Please note that the values provided can only be taken as an estimate of the amount to be borrowed and does not take into account specific factors used by individual lenders in determining their own criteria.

Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you consult your financial adviser before taking out a loan.

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Borrowing Power Calculator: How much can I borrow in a home loan?

The Canstar Borrowing Power Calculator calculates a hypothetical maximum loan amount that a borrower could apply for, based on the income and expenses entered into the calculator. This is called your borrowing power.

Financial institutions in Australia are legally required to ensure that you have enough dispensable income available to make certain monthly repayments before they can offer you a home loan. How much you can borrow for a home loan depends on various factors such as your income, regular expenses, and number of dependents (children) you have to support.

More home loan calculators to help you work out your financial position

You may want to use Canstar’s home loan calculators when you’re doing your sums

Important Information

This advice is general and has not taken into account your objectives, financial situation, or needs. Consider whether this advice is right for you. Consider the product disclosure statement (PDS) before making any financial decision. For more information, read Canstar’s Privacy Policy.

Click here to view the Canstar Home Loans Star Ratings Methodology. The Star Ratings in this table were awarded April 2023. The current features, rates and fees are displayed and may be different to what was rated. The Star Rating shown is only one factor to take into account when considering a product.

The initial table display is sorted by Star Rating and then alphabetically by company.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here. The table above may not include all providers and may not compare all features relevant to you. Canstar is not providing a recommendation for your individual circumstances.

If you decide to apply for a credit product or loan, you will deal directly with a credit provider, and not with Canstar. Rates and product information should be confirmed with the relevant credit provider.

Before you elect to terminate or modify existing lending arrangements, we recommend that you consider all associated fees and application costs, as well as the timing and impact these changes could have on your wider financial arrangements and personal circumstances.

Canstar may earn a fee for referrals from its website tables, and from sponsorship (advertising) of certain products. Payment of sponsorship fees does not influence the star rating that Canstar awards to a sponsored product. Fees payable by product providers for referrals and sponsorship may vary between providers, website position, and revenue model. Sponsorship fees may be higher than referral fees. Sponsored products are clearly disclosed as such on website pages. They may appear in a number of areas of the website such as in comparison tables, on hub pages and in articles. Sponsored products may be displayed in a fixed position in a table, regardless of the product's rating, price or other attributes. The table position of a sponsored product does not indicate any ranking, rating or endorsement by Canstar. See How We Get Paid for further information.