Calculators
Run the numbers before you talk to anyone
Five calculators covering the questions that come up most: how much you could borrow, whether refinancing stacks up, what the repayments look like, what the state will take in duty, and what you could realistically afford to buy. Each one takes about a minute.
Free to use, and none of them run a credit check.
Choose a calculator
Income, debts and commitments in, an indicative borrowing range out. Worth running before you start looking, so you are not shopping in the wrong bracket.
Open calculator Before you switch Is switching actually worth it?Weighs what you would save against what it costs to move, so you can see whether the change pays for itself and roughly how long that takes.
Open calculator The everyday one What would the repayments be?Loan amount, rate and term in. Repayments out, weekly, fortnightly or monthly, plus what the loan costs you in total across its life.
Open calculator The cost people forget What will the government take?Transfer duty and the government fees that go with a purchase, by state or territory. One of the larger numbers people leave out of their budget.
Open calculator The whole picture What could you actually buy?Pulls your deposit, what you could borrow and the upfront costs together into a realistic purchase price, rather than a borrowing number sitting on its own.
Open calculatorEstimate only. This calculator is a guide. It is not a quote, a pre approval or a credit offer, and it does not take your objectives, financial situation or needs into account. Real figures depend on the lender, the product, the fees, the loan to value ratio and a full assessment of your circumstances.
Every one of these is a planning tool. The point of them is to get you close enough to have a useful conversation, not to replace one. If a number surprises you, that is usually the moment worth picking up the phone about.
Worth knowing
Why two lenders give you two answers
Income is read differently
Self employed, contract, bonus and overtime income all get treated differently from lender to lender. Some average two years, some take the most recent, some discount it heavily. That single difference moves the borrowing figure more than anything else.
Expenses are floored, not taken at face value
Lenders apply a minimum living expense benchmark for a household of your size. Living frugally does not always help you as much as you would expect, because the assessment will not drop below its own floor.
Everyone tests you at a buffer
Nobody assesses you at the rate you are offered. Capacity is tested against a buffer above it, which is why the amount you can borrow is usually well short of what a plain repayment calculation suggests.
Where to from here
Start with a straight answer.
One short conversation is usually all it takes to know where you stand and what your options actually are. Nothing to fill in first, no obligation at the end of it, and if the answer is no, I will tell you that and what would need to change.
Monday to Friday, 9am to 5pm. Perth CBD, or by phone and video anywhere in Australia.