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Get Started with the Mortgage Borrowing Power Calculator

Buying a house can be daunting! With the best home loan rates, Mortgage House can help you understand your financial situation and what is achievable for you. This makes buying your primary residence, forever home or investment property clearer and easier.

Investigate your borrowing power and mortgage potential with each online Borrowing Power calculator.
When you are ready for pre-approval or a new loan, contact your Mortgage House mortgage broker.

When you are ready for pre-approval or a new loan, contact your Mortgage House lending manager.

How Much Can I Borrow?

Understanding your borrowing power will help you choose the right home that meets your budget and what you can afford to repay. Your borrowing capacity will depend on various factors including your credit history.

When & How Long Will You Pay?

Check weekly, fortnightly or monthly loan repayments to see what works best for you. Understand the basics!

What Type of Loan Do You Want?

Select your variables to better understand your loan options. The better you understand loan features available to you, the more you can get out of your home loan depending on your credit history.

An easy way to get started!

No one likes going to the bank, so we have curated a way to show you your options easily! With 24/7 and online support available, your questions can be answered quickly.

Evaluate Your Options With Our Loan Calculator

Simply use the sliders to set your variables with our quick and easy home loan calculator and calculate your loan repayments!

Borrowing Power Calculator

Loan Details

The interest rate for the loan.
% p.a.
What is the length of time to repay the loan?
Will the loan be for yourself or joint with another applicant?



Any person who depends on you for financial support e.g. your children?

Annual Net Income

Your net income per year i.e. after tax
Your partner's net income per year i.e. after tax
Any other income you may receive each year e.g. rent from a property, interest on savings or dividends from shares

Monthly Expenses

Personal monthly expenses e.g. rent, bills, shopping, fuel etc.
Any repayments you have to make each month to cover your credit cards or other loans
Any other monthly expenses

Your Monthly Repayment

per month

You Can Borrow Up To

Important Disclaimer: This is intended as a guide only. Details of terms and conditions, interest rates, fees and charges are available upon application. Mortgage House's prevailing credit criteria apply. We recommend you seek independent legal and financial advice before proceeding with any loan. The Comparison Rate for each of the home loan products contained in this page is based on a loan of $150,000 over a 25 year term. Fees and charges may be payable.

WARNING: The comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. * This mortgage calculator shows indicative repayments based on 12/26/52 equal repayments for monthly/fortnightly/weekly options.

What Home Loan Products Work Best For You?

Start with a borrowing capacity calculator to work out your borrowing power. Once you understand your financing options and borrowing limits, you can get the ball rolling with a dedicated lending specialist on your pre-approval resulting in a successful home loan application.

At Mortgage House, we aim to deliver a competitive advantage with our financing and best home loan rates with added incentives and savings in terms of your loan repayments. We work with you, providing the knowledge and industry experience required to ensure your mortgage is a sound long-term investment.

Whether you’re a first home buyer, second home buyer, investor or renovator, our range of home loan products is extensive and tailored to your needs. With a simplified borrowing process and some of the best home loan rates in Australia, Mortgage House customers enjoy the flexibility to adapt when opportunities arise, with a minimum of fuss and maximum benefits.

Mortgage House home loan products include:

First Home Buyer

Streamlined systems and some of the best home loan rates make Mortgage House a genuine first home buyer alternative to the major banks.

If you are a first home buyer you can take advantage of:

  • Our first home buyers guide gives you all the tips, tricks and information you need to know to successfully secure your first home.
  • Super low first home buyer tailored solutions to ensure you maximise the benefits of your home loan.
  • Access to leverage first home grants and family pledge to help you get on your way.
  • A large range of loan types such as split loans where part of your loan is fixed and the other half is variable.
  • With a vision in mind, you can build your home with a construction mortgage.

Second Home Buyer

When it’s time to consolidate your holdings and increase equity, our second home buyer products have all the bases covered.

If you are a second home buyer you can take advantage of:

  • Using your equity from your first home to purchase a second.
  • Eliminating mortgage exit fees and stamp duty, making your loan portable means you have more flexibility.
  • Utilising a bridging loan gives you the option to purchase your new home before selling your old one.
  • Enjoy 24/7 and online support for quick and easy answers whenever you need them.


Mortgage House offers several pathways that can help you pay off the investment property and reap financial rewards sooner than you think.

If you looking for an investment you can take advantage of:

  • Fixed rate and variable rate investment home loans that are matched with your needs
  • Low interest rates
  • Money-saving features
  • Flexibility and a targeted solutions-based approach
  • Fast approvals for experienced borrowers



Take the middle path during life’s ups and downs by taking out a Mortgage House Refinancer Loan and maintain your quality lifestyle.

Refinancing? Here is what you can benefit from:

  • Variable interest rate home loans
  • Fixed interest rate home loans
  • Split home loans
  • Toggle Offset loans gives you variable-rate flexibility with fixed-rate
  • Consolidating all your loans into one new loan
  • Information on how to refinance
  • A new home loan with a better interest rate or lower fees
  • Refinance for a better deal



There is no more exciting time than when building a new home, and we have loans to help you buy a house and maintain enthusiasm during every phase of the build.

Building from scratch? These are your advantages:

  • Funds paid to you in drawdowns
  • Only pay interest on the portion of the mortgage you have used
  • Make interest-only payments for the land portion prior to and during the construction process
  • Use a non-interest-bearing bank account to offset the interest on your construction loan
  • Up to 24 months to complete construction after settlement
  • Option to split the loan between two accounts after construction is complete to identify personal and investment debt
  • Option for an owner-occupier home loan or investor home loan
  • Endless resources and checklist


Your home is your castle, and with a Mortgage House Renovation Loan, your castle can expand, increase in value, and always look its best.

When it’s time to renovate, you can take advantage of:

  • A clear picture of your finances, home equity and borrowing power
  • Variable home loans
  • Fixed home loans
  • Split home loans
  • Construction loans
  • Genuine assistance
  • Financial resources
  • Paying off your loan within 1-5 years
  • Understand what you can do with a renovation loan


Sometimes, relocation is the answer, so why not take the loan product with you to your next address, courtesy of Mortgage House.

  • Move house when you want to
  • Regular repayment schedules
  • Zero refinancing costs
  • Ability to adjust to changing times
  • Short notice bridging loans
  • Very little documentation required
  • Move into new home while waiting for old one to sell
  • Variable interest rate home loans
  • Fixed interest rate home loans
  • Bridging loans
  • Portable loans


Self Employed

Asking yourself “how much can I borrow?” We understand you may have little documentation or irregular income, but if the figures add up, we will find the best home loan rates for you.

Self-employed benefits include:

  • Low doc home loan with much less paperwork
  • Quick application process
  • Interest rate discounts may apply after a while
  • Owner-occupier home loans
  • Investment home loans
  • Variable rate home loans
  • Fixed rate home loans
  • Toggle Offset home loans
  • Split home loans
  • Construction home loans
  • Tailored solutions
  • Tips and tricks for self-employed loans

Family Pledge

It’s a luxury to have a family to fall back on for financial support. Mortgage House can manage loan formalities with a Family Pledge arrangement. This arrangement can help you reduce or negate your Lenders Mortgage Insurance.

Some great benefits of a family pledge include:

  • No need for a deposit
  • You might be able to borrow more (even 100% of the purchase price of your property)
  • Redraw or refinance easily
  • Variable rate home loans
  • Fixed rate home loans
  • Pay little to no Lenders Mortgage Insurance
  • Toggle offset home loan
  • Split home loan
  • Portable home loan
  • Principal and interest home loan
  • Interest only home loan
  • Construction home loan
  • Smart options

Your Home Loan Journey Starts Here

Check your borrowing power

Your options begin by first understanding the amount of money you can borrow. Once you know this, you know what areas and homes are in your price range.

What type of loan works for you?

With tailored options to suit everyone, choosing the loan that is appropriate to you with Mortgage House is easy!

Add your loan products

With endless features and benefits in each home loan product, your custom loan is one that truly works for you!

Start browsing houses

The most exciting part of your journey is knowing what you can purchase so you can begin looking!

Things you Should Know

Still unsure about using our home loan borrowing calculator? Mortgage House gets into the important questions here:

How much can I borrow based on my income?

As everyone has different incomes and income streams, borrowing power differs from person to person. Factoring in your income combined with your spending can provide a rough estimate of the home you can buy. Our mortgage calculator can give you an idea on how much you are able to borrow to get the ball rolling onto buying a house.

How much can we afford to borrow?

Combining income with your partner or your family can increase your borrowing power and the capacity of your loan. If you are purchasing with your partner and it is the first time you are both buying a property, you may be eligible for the first home owners grant. It is an exciting time to purchase your first home! With our borrowing calculator, you can add your income and your partners with an option to see what a joint loan looks like. Easily change the toggles and see all your options with our borrowing calculator. Want to know more about buying your first home? Understand the ins and outs of buying your first home here.

How do you calculate the rate of borrowing?

At Mortgage House, we know everyone has different incomes, lifestyles and expenses. Understanding your borrowing power is the first step in starting your home loan journey. With the toggles to add income, expenses, length of loan and more, our borrowing calculator is a great tool to understand an estimate on the rate of borrowing. Check your borrowing power here!

What percentage of your income should you spend on mortgage?

A mortgage is a BIG investment, maybe the biggest you will ever make in your life. The repayments of a mortgage differ from person to person. Factoring in the purchase price of your home, your deposit, your expenses, your income and possible partner’s income, length of the loan and repayment frequency will all play a part in how much you repay per month, fortnight or week. Understand how your income plays a part in your mortgage options with this article. There is no definitive answer to how much you should spend on your mortgage, it will all depend on how much you can afford to spend. Check your borrowing power here!

How do you calculate borrowing capacity?

With innovative technology, Mortgage House can help you understand your borrowing power with our borrowing calculator. Asking yourself how much can I borrow for a home loan? creates a multitude of other questions. Factoring in your income, partner’s income, expenses, credit card debts and other forms of income will give you an estimate of how much you can borrow.

Using an online mortgage calculator is the ideal way to calculate your options. Simply move the toggles and add in your information to calculate your borrowing capacity here.

How do banks calculate borrowing capacity?

Banks factor in your whole life when determining if you are eligible for a loan. From credit card debt to your income, a mortgage broker and bank will assess your overall situation before determining your borrowing capacity. Be ready for the bank’s questions with our borrowing calculator so you’re not disappointed when it comes time for your loan options.

How much can I borrow with $60k?

With a $60,000 deposit, your options are great. Taking into account how much money you make before taxes, your monthly living expenses, including how much you spend on housing, food, transportation, clothes, etc. and your current debts and other loans will determine how much you can borrow.

Even though you have your deposit, if you don’t have a stable income, you may not be able to pay back your repayments. Understanding how your salary impacts your options is important. This article can help you better determine how the combination of a deposit and stable income impacts your home loan options.

How much can I borrow with a $50,000 deposit?

There is no definitive answer to this question. At Mortgage House we take into account an array of factors to determine how much you can borrow. Using our borrowing calculator is a good place to start!

Your salary plays a big part in determining the amount of your loan. This article explains how your salary impacts your loan.


How much can I afford with an $80k salary?

An $80,000 salary is a good starting point for a home loan. At Mortgage House, we factor in a range of variables including your income, expense and deposit. The bigger the deposit, the better and having an 80k salary is a good salary for a home loan.

Understand how much you can borrow with our borrowing calculator. This article explains how reliable and valuable borrowing calculators are when starting your home loan journey.

Can I borrow more money with a bigger deposit?

The simple answer is yes but you need to have your stable income. A bigger deposit opens up your options with purchasing a more expensive house or choosing a shorter home loan. If your family gives you your whole deposit and you don’t have a steady income to back up your repayments, your deposit is almost worthless.

At Mortgage House, we understand everyone’s circumstances are different and factors surrounding your income and expenses are just as important as your deposit. Realistically, the bigger your deposit the better as this does give you more options in your home loan! This article explains how much you can borrow with a 10% deposit.