Borrow Amount Mortgage Calculator

Calculate how much you can borrow

Calculate interest repayments and fees for commercial finance. This calculator below shows the following:

  • The calculator provides an estimate of how much you can borrow and is in not a pre-approval for a loan.
  • If you are unsure on what figure to insert there are instructions below.
  • Each lender will lend different amounts based on the information provided and this calculator is only an estimate.
  • There are many factors that determine borrow amounts and it is recommended that you click the button below and have one of our mortgage advisors calculate exactly how much you can borrow.
Calculate Borrow Amount
1  Loan Details      
Applicants
Number of Dependents
Interest Rate
Years
2  Income Details      
Income Applicant 1 $  
Income Applicant 2 $
Rental Income $
Social Secuirty Income $
Other $
3  Current Financial Commitments
Total Credit Card Limits $
Other Mortgages $
Car Loans $
Child Maintenance / Other $
Applicant 1 -  Student Debt
Applicant 2 -  Student Debt
 Borrow Amount  
 Monthly Repayment  
 Interest Paid  
 Total Cost  
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How to Use This Calculator

  1. Loan Amount - Estimate of how much you would like to borrow - not sure find out how much you can borrow.
  2. Number of Years - Enter the number of years to pay the loan.
  3. Fixed or Intro Term (optional): Insert the fixed rate term in years or the introductory rate or honeymoon period. Expressed in years.
  4. Fixed or Intro Term Interest Rate (optional) - Insert the fixed interest rate term or the introductory rate or honeymoon period.
  5. Ongoing Interest Rate - Insert the interest rate. If there is a fixed or introductory period insert the interest rate after the period has ended.
  6. Repayment Frequency - Choose monthly, fortnightly, weekly or interest only and the repayments result will reflect your repayments for that period. Note that interest only payments are calculated per month. Click the following link if you would like to use a specific interest only mortgage calculator.
  7. Application Fee - Insert the total upfront fees for the loan.
  8. Monthly Fees - Insert the ongoing monthly fee if applicable to the loan.
  9. Yearly Fees - Some lenders charge an annual fee for loans.
  10. Discharge Fees and or Early Exit Fees - Most lenders charge an discharge of mortgage fee between $150 and $900 when your mortgage has been discharged. Insert early exit fee penalties if you discharge your loan within the first 3 to 5 years.

  1. Total Fees - This includes all the upfront, ongoing and exit fees associated with your loan.
  2. Intro or Fixed Repayments- This is your monthly, fortnightly, weekly or interest only repayments for a fixed rate loan or introductory rate loan.
  3. Ongoing Repayments - This is your monthly, fortnightly, weekly or interest only repayments for the loan. If there is a fixed or introductory period then these are the repayment after the period has expired.
  4. Interest Paid - This is the total interest paid over the term of the loan without making extra repayments, interest rate changes or using an offset facility.
  5. Total Cost of Loan - This is the total cost of the loan and it includes all the upfront, ongoing and exit fees for that loan.
  6. Comparison Rate - As described above.

This is an estimate only. It is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a quote. Results are based on amortised scheduled repayments and, once any discount or fixed rate period expires, applies the current variable rate for the remainder of the loan term. All applications for credit are subject to lenders normal credit approval criteria.