Serviceability
What can you actually borrow?
Most calculators quote your best case. This one assesses you the way an APRA-regulated lender does — your rate plus a 3% buffer, a benchmark living-expense floor, and credit card limits shredded whether you use them or not.
Household
Income (annual, before tax)
Shaded to 80% by lenders
Commitments
A benchmark floor applies
Loan
Estimated maximum purchase price
$863,000
Loan of $713,000 plus your $150,000 deposit — 83% LVR. Stamp duty and acquisition costs are not included.
Repayment at your rate
$4,321/mo
Stress-tested at 9.10%
$5,788/mo
Monthly surplus assessed
$6,325
How the assessment was built
- Assessable income (rent shaded 80%)
- $180,000
- Net income after tax & Medicare
- $10,705/mo
- Living expenses used
- $4,000/mo
- Benchmark expense floor
- $3,250/mo
- Other commitments
- $380/mo
- Maximum assessed repayment
- $5,790/mo
If rates move
-0.5%
$896,000
Today
$863,000
+0.5%
$832,000
+1%
$804,000
What's limiting you
- •Your income servicing, not your deposit, is the limiting factor.
- •Above 80% LVR you'll usually pay lenders mortgage insurance, which is not included above.
- •Credit card limits of 10,000 reduce your capacity by about 46,808 in borrowing.
Found a property in range?
Run it through DealIQ for cash flow, growth and risk.
Estimate only. Prop IQ is not a credit provider or credit assistance provider. Serviceability policy, benchmark expense tables and buffers vary between lenders — an accredited broker or lender assessment is the only figure you can rely on. A 3% buffer is used here in line with APRA guidance.