Estimate your borrowing power using 2025–26 Australian tax rates and APRA’s 3% serviceability buffer.
Disclaimer: This calculator provides an estimate only and does not constitute financial or credit advice. Results are based on the figures you enter and use the APRA 3% serviceability buffer, 2025-26 ATO tax brackets, and current average market rates. Your actual borrowing power will vary depending on your lender, credit history, loan type, and individual circumstances. For advice tailored to your situation, get in touch with our team at Eurobodalla Finance Group.
Use our borrowing power calculator to get a quick estimate of how much you may be able to borrow for a home loan. If you have ever wondered “how much can I borrow for a home?”, this tool gives you a simple starting point based on your income, expenses and existing debts.
It uses current Australian tax brackets and a serviceability buffer similar to what lenders apply, so the estimate is on the cautious side. The figures are estimates only and are not tax advice, credit approval, pre approval, conditional approval or a loan offer.
Once you enter your income and expenses, the borrowing power calculator shows:
This gives you a quick estimate of borrowing power and how those home loan repayments might fit into your budget. The result is an estimated repayment amount based on principal and interest and does not include every fee and charge a lender may apply. Actual borrowing capacity, loan limit and loan repayments will depend on the lender’s credit policy, comparison rate, fees and charges, credit history, security property and complete financial position.
When a lender looks at a home loan application, it considers more than just income. Common factors that affect how much you can borrow include:
Because each lender has its own lending criteria and credit policy, two lenders can give different views of how much you can borrow, even with the same income and expenses. That is why the borrowing power calculator should be treated as a quick estimate, not a final answer.
You can use the power calculator to test how small changes might affect how much you are able to borrow:
These changes can help improve borrowing power, but lenders will still apply their own lending criteria, loan to value ratio rules and fees and charges when they decide on loan approval.
You can use this borrowing power calculator alongside other home loan calculators as part of your home buying journey. For example, you can:
Together, these tools help you see how much you can borrow, how much interest you may pay and whether the payment plan feels comfortable before you start a full home loan application.
Your borrowing power estimate is a useful guide, but it is only a starting point. A quick conversation with our team can help you understand your options based on your income, expenses and overall circumstances.
A borrowing power calculator is a simple home loan calculator that estimates how much you may be able to borrow based on your income, living expenses and existing debts. It compares your net income with your financial commitments and then estimates home loan repayments for a sample interest rate and loan term so you can see how much you might be able to borrow based on that information.
The estimate is a general guide only. Lenders use their own assessment rate, comparison rate, fees and charges, credit policy and other factors when they decide how much you can borrow. This means the final loan amount, repayment amount and total cost in a real home loan can be higher or lower than the figure from the calculator.
This borrowing power calculator focuses on income and expenses, so it does not fully include lenders mortgage insurance, stamp duty or all fees and charges linked to buying a property. You can use other home loan calculators to calculate stamp duty and to see how fees and charges and lenders mortgage insurance may affect your loan balance and home loan repayments.
Yes. You can change the interest rate, loan term and repayment type to see how principal and interest repayments at different settings compare. A longer loan term usually gives a lower repayment amount but more interest over time, while a shorter term can reduce interest but requires higher repayments.
Yes. The calculator does not capture every detail of your financial situation, such as changes in income, tax position or other factors that a lender will consider. Before you borrow based on any estimate, you should seek independent advice from our home loan specialists or another licensed finance professional who can provide credit under an Australian credit licence, explain your loan options and confirm whether you are likely to meet credit approval and eligibility criteria.
Book a free consultation with one of our loan specialist. Fill out the quick assessment form and we’ll help you with your loan.
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