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How Much Can I Borrow? |
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Important
- Calculations are based on total monthly repayments divided by total monthly income resulting in a Debt Servicing Ratio (DSR) not exceeding 35% for an individual borrower. (For joint borrowers, the DSR is 32%.)
- Income from different sources may be treated in varying ways for loan assessment purposes. For example, only a percentage of any income you derive from an irregular source may be taken into account in some circumstances.
- As a responsible lender, we use an interest rate 2.5% higher than the one entered. This builds a buffer against future interest rate rises.
- This calculation does not pre qualify you for a loan - it is to be used as a guide only.
- One of our consultants will be pleased to assist you with a formal quotation which will take into account any additional relevant details relating to your financial position (which may not have been included in the "How Much Can I Borrow" calculator.
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