Get a realistic estimate based on how Australian lenders actually assess your application.
Uses the same stress-test rate your bank applies — so there are no surprises.
Before tax. Include salary, rental income, and regular allowances.
Leave blank if applying alone.
Lenders count 3% of your total credit limit as a monthly commitment — even if the card is paid off. Cancel unused cards before applying to increase your borrowing power.
Fixed by APRA — not adjustable.
Fill in your income and expenses to get your estimated borrowing range.
Most online calculators show an inflated number. Here's what actually reduces your borrowing power, and how to address each one.
Lenders assess your loan at around 9% per annum — not the advertised rate of ~6%. This is the APRA buffer, designed to protect you if rates rise. It's mandatory and applied by every lender in Australia.
This calculator uses the correct 9% rateEvery $10,000 of credit card limit reduces your borrowing power by roughly $40,000 — even if the card is completely paid off. Cancelling unused cards before applying can significantly increase your borrowing capacity.
Action: cancel cards you don't useEach dependant adds approximately $600–900 per month to lender-assessed living costs, based on the Household Expenditure Measure (HEM). Lenders use HEM as a minimum, even if your actual expenses are lower.
Lenders use HEM benchmarksDifferent lenders assess income, expenses, and debts differently. A broker who knows which lender's policy suits your profile can often unlock $50,000–$100,000 more in borrowing power compared to going directly to a single bank.
50+ lenders on Funding Assist's panelThis calculator gives you a strong estimate. A Funding Assist broker can compare 50+ lenders, find the right policy fit for your situation, and give you a real pre-qualification — free, no obligation.