- Borrowing Power Calculator
- Instructions
- This calculator is only a guide.; It is designed to help you work out your borrowing power based on your current financial position.; The calculation uses your Debt Servicing Ratio which is found by dividing your total monthly repayments by your total monthly income.; Most lending institutions will lend to a maximum ratio of 32%,with a 2% loading on loan rates, however you should check with your own institution for specific requirements.
- Enter the relevant details for your income and expenditure
- Choose your loan details.
- Click once on the "Calculate" button to calculate your result.