Find out how much you could borrow based on your income & expenses
Applicants
Application type
Your gross annual income
before tax
$
$0$500k
Partner's gross annual income
before tax
$
$0$500k
Other income (annual)
dividends, etc. — not rental
$
$0$100k
Rental income? Use the Investment Property section below.
Investment Properties 2026 Budget
Existing investment property
I already own an investment property
Build typefor 2026 NG rules
✓
Negative gearing deductibleRental losses on new builds remain tax-deductible under the 2026 Federal Budget rules.
⚠
Negative gearing NOT deductibleThe 2026 Budget restricts negative gearing to new builds only. Losses on established properties no longer offset income — reducing after-tax income and borrowing power.
Automatically counted in your monthly commitments — do not also enter in Expenses & Commitments.
Claim negative gearing deduction
Proposed investment property
I'm also buying an investment property
Build typefor 2026 NG rules
✓
Negative gearing deductibleRental losses on new builds remain tax-deductible under the 2026 Federal Budget rules.
⚠
Negative gearing NOT deductibleThe 2026 Budget restricts negative gearing to new builds only. Losses on established properties no longer offset income.
Est. monthly loan repayment ⟳ Auto-linked
investment mortgage
$
/mo
Counted as a future monthly commitment — reduces your home loan borrowing capacity.
Claim negative gearing deduction
Expenses & Commitments
Number of dependants
Monthly living expenses
$
/mo
$500$10k
Estimate based on HEM.
Other loan repayments
total per month
$
/mo
$0$5k
Car loans · HECS · personal loans — investment property loans are linked above.
Total credit card limits
3% used as monthly commitment
$
$0$50k
Loan Details
Interest rate
%
1%15%
Loan term
yrs
1 yr30 yrs
Your deposit / savings
to show property price
$
$0$500k
Estimated borrowing power
$0
based on your inputs
Property you could buy
$0
borrowing + deposit
Monthly repayment
$0
at current rate
Assessment rate
9.00%
rate + 3% buffer
2026 Budget Impact
—
Borrowing power reduction vs pre-budget rules — existing property negative gearing no longer deductible
Monthly net income$0
Living expenses−$0
Existing commitments−$0
Monthly surplus$0
This calculator provides an estimate only. Lenders apply additional criteria including credit history, living costs, and policy rules. Seek advice from a licensed mortgage broker before making financial decisions.
Estimate your borrowing capacity in under 60 seconds — enter your income, expenses and loan preferences to see your result.
1
Enter your income
Input your gross annual income (before tax). Include any rental income or secondary income if applicable — lenders assess your total income picture.
2
Enter your living expenses
Add your monthly living expenses and number of dependants. Lenders use the higher of your declared expenses or the HEM benchmark to assess serviceability.
3
Add existing debts & liabilities
Include credit card limits, car loans, HECS/HELP debt, and any other ongoing commitments. These reduce your borrowing power, so accurate figures give a more reliable result.
4
Review your borrowing estimate
Your result shows an estimated borrowing range based on current lender serviceability buffers. Use it as a guide — your broker can confirm your exact capacity across multiple lenders.
Borrowing power — rules of thumb
Most lenders apply a serviceability buffer of 3% above the actual rate — so a 6% loan is assessed at 9% to ensure you can handle rate rises.
Credit card limits reduce borrowing power even if you never use them. Cancelling unused cards before applying can increase your capacity significantly.
HECS/HELP debt reduces borrowing power. Lenders treat repayments as an ongoing expense — the higher your income, the more impact it has.
💡
A $10,000 credit card limit can reduce your borrowing power by $40,000–$50,000 — even with a $0 balance.
💡
Different lenders assess income differently. Your broker can compare capacity across 30+ lenders to find the best fit for your situation.
