Before buying a property it is important to:
consider how much you need to borrow,
assess whether you have sufficient income to obtain a loan and
determine what your repayments will be.
All banks and lenders have their own servicing calculator which means that your borrowing capacity with each of them will vary. LoanPort is able to show you your maximum borrowing capacity with Australia’s major banks and lending institutions.
Note: The results from this calculator should be used as an indication only. Results do not represent either quotes nor pre-qualifications for a loan. Individual institutions apply different lending criteria and it is advised that you consult your financial adviser before taking out a loan.