What can you borrow?
Based on real bank methodology. Takes 2 minutes.
Purpose of purchase
💡 Owner-occupier loans have lower rates and you can borrow with as little as a 5% deposit (LMI applies under 20%).
Income
Before tax
Before tax · optional
Other income sources
Banks shade rental income and dividends at 80%. Government payments and child support count at 100%.
Liabilities & expenses
✦ Everyday living expenses (groceries, utilities, transport) are estimated using the bank HEM benchmark — only enter debts and expenses above this.
Existing debts
Personal loans, HECS, BNPL etc — not rent
Additional monthly expenses
Only enter costs above typical living expenses — e.g. private school fees, regular medical costs.
Will you continue paying rent after taking out this loan?
Relevant if you're buying an investment property while renting your own home.
Property & deposit
First home buyer