How much can I borrow?

Your borrowing power will depend on your income, family size, location, current debts, type of loan and the lender that you choose.

Your borrowing power will give you a good idea of how much you can borrow to purchase a property. As a guideline, when determining how much you can borrow banks and lenders will look at:
  • Credit card limits
  • Other loans
  • Income and types of income e.g. casual, contract, full-time
  • The size of the loan compared to the property value
  • Number of dependents and their ages
  • Loan Term
  • Type of loan
  • Existing asset position (including the size of your deposit)
You can also check how much you can borrow by using our how much can I borrow calculator, however, this will only give you an indicative figure

Please send us your pay slips and other income documents then we can calculate the exact amount that you can afford to borrow for a home or investment property

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