Home Affordability Calculator Australia
Estimate how much property you may be able to afford based on your income, expenses, deposit and loan rate.
Enter your combined annual gross income before tax.
Food, utilities, transport, insurance and other regular expenses.
Car loans, personal loans, credit-card commitments and other debt.
Savings available toward the property purchase.
Enter the expected annual home loan interest rate.
Typical home loan terms are often around 25–30 years.
Default is 3%, reflecting the current APRA minimum buffer.
This is a planning assumption, not a bank lending rule.
Estimated Affordable Property Price
$0.00
Estimated Maximum Home Loan
$0.00
Available Deposit
$0.00
Estimated Deposit %
0.00%
Estimated Monthly Payment
$0.00
Assessment Interest Rate
0.00%
Monthly Income
$0.00
Monthly Living Expenses
$0.00
Existing Monthly Debt
$0.00
Available Housing Budget
$0.00
How this estimate works:
The calculator estimates a monthly housing budget from the selected percentage of gross household income, then subtracts existing monthly debt payments and considers the selected serviceability interest rate. The remaining borrowing capacity is converted into an estimated loan amount using a principal-and-interest repayment formula.
The calculator estimates a monthly housing budget from the selected percentage of gross household income, then subtracts existing monthly debt payments and considers the selected serviceability interest rate. The remaining borrowing capacity is converted into an estimated loan amount using a principal-and-interest repayment formula.
Important:
This is a planning estimate only, not a bank approval or borrowing-power
guarantee. Actual lenders consider income, living expenses, existing
liabilities, credit history, loan type, property details and their own
lending policies. The current APRA serviceability buffer is 3 percentage
points for APRA-regulated banks, but individual lender assessment can
differ.