💰 Borrowing Power
Your borrowing capacity is the maximum amount a lender may allow you to borrow, based on your income, expenses, existing debts, and credit limits. It’s a crucial factor in determining how much property you can afford.
- Income & Rental Income: Higher inflows increase capacity.
- Living Expenses & EMIs: More commitments reduce surplus cash.
- Credit Card Limits: Lenders often assume ~3% of your limit as monthly repayment.
- Interest Rate & Loan Term: Lower rates and longer terms increase borrowing capacity.
🏠 Understanding Home Loans
A home loan (or mortgage) allows you to borrow money to purchase property. You repay the loan over time with interest. Key factors include loan amount, interest rate, loan term, and repayment frequency.
Try the Home Loan Calculator
📈 Inflation
Inflation reduces the purchasing power of money over time. It affects everything from groceries to loan repayments. Understanding inflation helps you plan for the future and protect your savings.
Try the Inflation Calculator
💸 Know your Stamp Duty (Australia Only)
Quickly estimate your stamp duty and savings. Enter your details to see upfront costs, concessions, and what you’ll have left.
Try the Stamp Duty Calculator
📊 Monthly Expense & Saving Tracker
Track your spending, plan smarter. Compare planned vs actual expenses and see your savings grow.
Try the MEST Calculator