CALCULATORS
Borrowing Power Calculator
Estimate how much you may be able to borrow based on income, expenses, debts and commitments. This is a guide only — actual borrowing capacity varies by lender and assessment policy.
Key Takeaway
Borrowing power estimates vary significantly across lenders. This calculator provides a rough guide only — actual capacity depends on lender policy, income treatment, HECS, expenses and assessment buffer. Use it as a starting point before a full review.
What Is Borrowing Power?
Borrowing power is an estimate of how much a lender may be willing to lend based on your income, expenses, debts, dependants, credit limits, repayment type and overall risk profile. Different lenders can assess the same borrower differently, especially when income is not straightforward.
What Can Affect Borrowing Power?
✓ Gross income
✓ Overtime income
✓ Bonus income
✓ Shift loading
✓ HECS or HELP debt
✓ Credit card limits
✓ Personal loans
✓ Car loans
✓ Living expenses
✓ Dependants
✓ Existing investment properties
✓ Rental income
✓ Interest rate buffers
✓ Loan term
✓ Lender policy
Borrowing Power For Professionals
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Nurses
Nurses may have overtime, shift loading, penalty rates, casual income or HECS that can affect lender assessment.
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Doctors
Doctors may need lenders that understand registrar income, locum income, future income and medical professional policies.
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Dentists
Dentists may need lenders that review PAYG income, practice income, company income or business commitments.
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Lawyers
Lawyers may have bonus income, partnership income or high-income structures that lenders assess differently.
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Accountants
Accountants may need lenders that can assess PAYG, self-employed, trust or company income correctly.
Disclaimer: Calculator results are estimates only and are not loan approvals, quotes or financial advice. Actual results vary by lender, interest rate, fees, loan structure, income, expenses, property type and individual circumstances.
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Frequently Asked Questions
Is this borrowing power calculator accurate?
It provides an estimate only. Actual borrowing capacity depends on lender policy, income, expenses, debts, interest rate buffers and full assessment.
Does HECS affect borrowing power?
Yes. HECS or HELP debt can reduce borrowing capacity because lenders may include compulsory repayments in serviceability.
Can overtime income be used?
Some lenders may use overtime income if it is consistent, evidenced and acceptable under policy.
Why do different lenders give different borrowing amounts?
Each lender has different assessment rules, buffers, income treatment and expense assumptions.
Should I use this before getting pre-approval?
Yes, but it should only be used as a guide. A broker can review your full position before pre-approval. Note that pre-approval is conditional and not a guarantee of final approval.
Want A Proper Borrowing Capacity Review?
Book a strategy session and we’ll review your income, expenses, debts, profession and lender options.
Calculator results are estimates only and are not loan approvals, quotes or financial advice. Actual results vary by lender, interest rate, fees, loan structure, income, expenses, property type and individual circumstances.