Calculate your borrowing power.

Enter your income and expenses to find out how much you could borrow for a home loan.

Based on our CompleteME Home Loan, which currently offers a 3.69% p.a. variable rate1 (4.72% p.a. comparison rate2). This assumes 1) a loan that is for owner occupier purposes with principal and interest repayments, 2) a loan amount of more than $150k and 3) where the amount borrowed is more than 60% but not greater than 80% of the value of the real estate used as security.

Based on our CompleteME Home Loan on a 3.69% p.a. variable rate1 (4.72% p.a. comparison rate2). This rate assumes an LVR of 80-90%. If your LVR is less than 80% ME may be able to offer you a better rate.

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Calculate

You could borrow

$

Your deposit amount

$

Your loan to value ratio would be XX%.

For this calculation the loan to value ratio cannot exceed 95%.

Your estimated total purchase power

$XXX,XXX

Loan term

Unfortunately your borrowing power has gone into negative. Maybe re-check your numbers?

Monthly repayments

$1,616

This is 41% of your income after tax.

Monthly expenses

$2,000

Remaining monthly income

$2,114

Worked out based on your income with no tax minimisation; your financial situation may vary significantly.