Calculate your borrowing capacity...

Our Borrowing Power Calculator calculates a maximum potential loan amount available based on the income and expenses entered. The amount calculated is only an estimate of the amount to be borrowed and does not take into account specific factors used by individual lenders in determining their own criteria. The calculator also displays the type of repayment required, at the frequency requested, in respect of the loan parameters entered, namely amount, term and interest rate. The Product selected determines the default interest rate for standard variable products or the default interest rate and fixed period for fixed rate loans. In both scenarios, the customer can manually amend this interest rate. In the case of the fixed rate loans, the default standard variable interest rate will be used once the fixed period has completed.

These calculations are done at the repayment frequency entered, in respect of the original loan parameters entered, namely amount, annual interest rate and term in years.