How Much Can I Borrow?

The very first stage in the home buying process is to work out how much you can afford to pay for your dream home. and to do that you need to know precisely how much you can borrow.

You want to go house-hunting but not sure how much you can borrow?

Finding a starting point when seeking a new loan or refinancing an existing loan can sometimes be a bit tricky. So we hope you'll find this page useful in answering any preliminary questions you might have.

About our broker network

mortgagebroker direct have got the entire East Coast of Australia covered with experienced brokers in all major cites and regions including Sydney, Canberra, Wollongong, Newcastle, Melbourne and Brisbane as well as the Gold Coast, Sunshine Coast and Cairns.

Free assessment of your home loan borrowing power

We can give you a FREE assessment of your borrowing power with over 30 lenders, taking account of whether you are a first home buyer, you want a no deposit homeloan, you're refinancing, consolidating debt or buying an investment property and even for business loans.

All lenders use different calculations to work out how much they will lend to you. We look at your income, outgoings, assets, liabilities and more, to determine the best lender to approach based on your circumstances.

Speak with a broker not an online calculator

To obtain a realistic figure, your full situation needs to be taken into account, so, at mortgagebroker direct we believe the best way to help you is to speak to an expert broker who will be able to assess your specific situation.

We think that online "How much can I borrow?" calculators are so general as to be almost worthless. A precise borrowing figure is much more valuable to you than an industry average figure provided by a calculator because it enables you to proceed with confidence knowing that you have an accurate figure to work with.

So if you're looking for a realistic and valid understanding of your borrowing capacity, give us a call or fill in our email enquiry form, and one of our brokers will be in touch with you shortly.

Been told "no"?
Sometimes the difference between "yes" and "no" in a home loan approval is something small.
Low Doc Loans

Need to refinance?
Find out more about how we can help with home loans & investment loans in a range of high complexity situations.
Home Loan Refinancing

Borrowing for business?
Learn more about our commercial loans & borrowing options.
Commercial Borrowing