Free calculator, no credit check
How much could you borrow, and what would it buy?
Works for ABN and self-employed income as well as payslips. Your headline estimate shows on screen; the full breakdown lands in your inbox if you want it.
How do you earn?
Commitments
Your estimate
Estimated borrowing range
...
Estimate only, not credit advice or an approval. Lender policies differ, especially for self-employed income.
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The working behind your number, plus which QLD corridors match your range. Free, by email.
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How this estimate is calculated
The calculator estimates after-tax income using current Australian resident tax brackets, subtracts a living-expense benchmark based on household size plus your stated commitments, then works out the loan that surplus could service at a buffered assessment rate over 30 years. The result is shown as a range because lender policies differ.
Lenders assess serviceability at a rate above the actual product rate (the regulator's buffer), use their own living-expense floors, and treat self-employed income differently, commonly averaging the last two years of tax returns. This tool applies the same logic in simplified form. It never contacts a lender and never checks your credit file.
What the number means in practice
Borrowing power plus deposit sets your total purchase budget, less costs like stamp duty. What that buys varies enormously by market, which is the point of sourcing Australia-wide: the same budget can be a unit in one city or a new house and land package with a strong yield in a growth corridor.
Calculator questions
How is borrowing power calculated for self-employed income?
Lenders typically assess self-employed applicants on taxable business income, often averaged over the last two years of tax returns or financials. Add-backs like depreciation can lift the assessable figure. Policies vary widely between lenders, which is why the right broker matters more on ABN income than on a payslip.
Why is the result a range and not one number?
Because every lender applies different living-expense benchmarks, assessment buffers and income rules. The same person can get offers that differ by six figures between lenders. The range shows roughly where you sit; a broker confirms the real number.
Does this calculator do a credit check?
No. Nothing here touches your credit file or gets sent to any lender. It is arithmetic on the numbers you type in, and an email copy of the breakdown if you want one.
What deposit do I need for an investment property?
Most lenders want at least 10 to 20 percent of the purchase price plus costs like stamp duty. Below 20 percent you usually pay lenders mortgage insurance. Equity in an existing home can often replace cash deposit, which is how many investors fund their next purchase.
Numbers look workable?
Book a free 15-minute call to pressure-test them with Paul before you act on anything.