Calculators
Borrowing capacity
An indicative guide to how much you may be able to borrow. The real figure depends on the lender — let's confirm yours together.
$120,000
Combined gross (before-tax) income, including salary sacrifice.$3,500
$600
Home loans, car & personal loans, HECS, credit card minimum limit etc30 years
Your estimate
You may be able to borrow around
$350,000 – $375,000
Indicative purchase budget*$435,000
Deposit required (~26%)$110,000
Est. monthly repayment$2,212
Assessed at (assumed)9.50%
What's shaping this
- Single applicant, 0 dependants
- Based on about 5× your gross household income
- Living expenses floored at 20% of gross (~$2,000/mo minimum)
- Assessed at 9.50% — a 3.0% buffer (assumed rate)
- Budget assumes a 20% deposit
*Budget assumes a 20% deposit. Deposit required ≈ 26% of price (20% deposit plus stamp duty & costs). Real capacity varies by lender policy.
Don't have a ~26% deposit yet? Don't worry — there are other options. Have a chat with Charis and she'll see how she can help.
Talk to Charis about thisBuild my property reportAn estimate only — not an offer of credit. Charis can run a precise assessment with the right lender for you.