Borrowing Power – how much could I borrow?
Get a quick estimate on how much you may be able to borrow based on your current income and existing financial commitments.
Applications for credit are subject to Bank’s credit approval criteria. Terms and conditions, and fees and charges apply.
This estimate is based on the accuracy of the limited information provided. It is also based on a loan term of 30 years, payment type principal and interest and either Bank’s Standard Variable rate for home loans or a Bank’s Standard Variable rate for residential investment property loans depending on the type of property you have selected. The estimate might be different if payment type is interest only. It does not constitute an offer of credit. To apply for a Home Loan you must complete an application. All applications for credit are subject to Bank’s normal credit approval criteria. Champion Broker does not store the information you provided to generate this document.
The calculation of estimated maximum home loan borrowing power excludes Lenders Mortgage Insurance. The value of the security property is also considered in any credit assessment criteria.
What other calculators are available for use?
To see the full range of home loan calculators Champion Broker has available for use, click here.
Request your free appointment with a champion mortgage broker – No charge, no obligation and at a time and place that suits you. You can also call us on 1800 290 669.