I am a: ← Mortgage broker Buyer / refinancer
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How much can you
borrow in Australia?

Get an instant estimate based on your income, expenses, and deposit. Takes 60 seconds.

Based on 2024–25 ATO tax rates
Uses bank assessment rates
No data sold — ever
Step 1 of 4
Your situation
Tell us a bit about your application.
Buy a property
Refinance
Buy an investment
Just me
Joint (couple / co-borrower)
PAYG employee
Self-employed
Contractor
No
Yes
Step 2 of 4
Your income
Enter your gross (before tax) annual figures.
$
$
Banks use your gross income to assess borrowing capacity, then apply their own tax and expense assumptions. We calculate your estimated net income using ATO 2024-25 rates.
Step 3 of 4
Expenses & debts
Banks check your existing commitments. Be honest — it makes your estimate more accurate.
$
Banks use a minimum "Household Expenditure Measure" (HEM) regardless of what you enter — typically $2,000/month for singles, $3,200/month for couples.
$
$
$
Step 4 of 4
Your deposit
Saved deposit, gift funds, or equity.
$
25 years
30 years
Note on stamp duty: Stamp duty is paid from your deposit, not borrowed. If you're a first home buyer, you may be exempt or eligible for a concession — your broker can confirm the exact amount for your state.
Your estimated borrowing capacity
$0 – $0
Based on a 30-year loan at 9% assessment rate (standard Australian bank practice)
Conservative estimate
$0
Lower-risk lenders
Standard estimate
$0
Mainstream lenders
Your deposit
$0
Available
Property budget (standard)
$0
Loan + deposit
Heads up — Lenders Mortgage Insurance (LMI) may apply. With less than 20% deposit relative to your borrowing capacity, most lenders will charge LMI (typically $5,000–$30,000+). A broker can help you structure the loan to minimise this, or explore LMI-exempt options.
Want an exact figure?
Get matched with a broker — free
We'll connect you with a specialist broker for your situation. They'll confirm your exact borrowing capacity and walk you through your options. No obligation, no cost to you.
Your details are only shared with one matched broker. We never sell your data.
✓

You're all set!

We've received your details and will match you with a specialist broker within 1 business day. They'll reach out to confirm your exact borrowing capacity and walk you through next steps.

This calculator provides an estimate only and does not constitute financial advice. Results are based on simplified assumptions and may differ from what a lender assesses. Speak with a licensed mortgage broker for an accurate assessment. Setpoint Leads is a lead generation service, not a financial services provider. ABN 78 383 414 200.
The process
What happens after you submit
1

We review your situation

We look at your calculator results and match you with a broker who specialises in your loan type and state.

2

Broker reaches out

Your matched broker contacts you within 1 business day to confirm your exact borrowing capacity — no obligation.

3

You get your answer

Walk away knowing exactly what you can borrow, what your repayments look like, and which lenders suit you best.