Borrowing Power Calculator for Engineers

Application type

Dependants

Your income

$0 gross per year

How are you paid?

PAYG employeeContractor (day rate)Self-employed (sole trader, partnership or company director)

Rental income from properties I own (my share, gross)

Other taxable income: dividends, interest, and similar

Do you have a HELP / HECS debt?

Disclaimer

This calculator provides an estimate only, based on the information you enter and the assumptions set out under "About this calculator", including 2026–27 tax rates and a serviceability buffer. It is not a quote, a pre-approval or an offer of credit, and does not take into account your objectives, financial situation or needs. Each lender applies its own assessment method, expense benchmarks and policies, so your actual borrowing capacity may be higher or lower. Interest rates and assumptions are subject to change. General information only, not credit advice or tax advice.

Monthly living expenses ($)Groceries, utilities, transport, insurance, childcare, school fees, subscriptions and entertainment. Exclude rent or loan repayments you'll stop paying after settlement.Rent or board you'll keep paying after settlement ($ per month)Leave blank if none.

Existing home and investment loans

Car loans, novated leases and personal loans

Total monthly repayments ($)Total balance owing ($)Used for the debt to income ratio only.

Card, store card and buy now pay later limits

Total of all limits ($)Lenders use the limit, not the balance, even if you clear it every month.

Disclaimer

This calculator provides an estimate only, based on the information you enter and the assumptions set out under "About this calculator", including 2026–27 tax rates and a serviceability buffer. It is not a quote, a pre-approval or an offer of credit, and does not take into account your objectives, financial situation or needs. Each lender applies its own assessment method, expense benchmarks and policies, so your actual borrowing capacity may be higher or lower. Interest rates and assumptions are subject to change. General information only, not credit advice or tax advice.

Loan details

Loan purpose

Interest rate (% p.a.)Loan term (years)

Enter your income to see your estimate.

Disclaimer

This calculator provides an estimate only, based on the information you enter and the assumptions set out under "About this calculator", including 2026–27 tax rates and a serviceability buffer. It is not a quote, a pre-approval or an offer of credit, and does not take into account your objectives, financial situation or needs. Each lender applies its own assessment method, expense benchmarks and policies, so your actual borrowing capacity may be higher or lower. Interest rates and assumptions are subject to change. General information only, not credit advice or tax advice.