Calculator
Borrowing capacity
Estimate how much a lender may approve based on your income, expenses, and APRA serviceability rules.
Income
$
$
Expenses & commitments
$
$
$
Loan settings
%
Assessed at 9.50% (APRA +3% buffer)
Maximum borrowing
$180,833
Property up to $226,042 (with 20% deposit)
Assessed at 9.50% — includes APRA's mandatory 3% serviceability buffer
Income & deductions
Gross annual income$120,000
Income tax + Medicare levy-$31,867
Net monthly income$7,344
Monthly commitments
Living expenses-$3,000
Available for repayments (35%)$1,521/mo
If you borrow $180,833
Monthly repayment at 6.5%$1,143
Required deposit (20%)$45,208
Loan term30 years
Estimate only. Uses ATO 2024–25 tax rates, Medicare levy, APRA's 3% serviceability buffer, and HEM-aligned dependant costs. Lenders apply their own credit policies, HEM benchmarks, and serviceability models — your actual approval may differ. Not financial advice.
Other tools