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Add your available funds
Start with the deposit and savings you expect to contribute to the purchase.
Property budget calculator
Purchasing Power Calculator
Estimate the property price your deposit and borrowing position may support, then explore how purchase costs could shape your practical budget.
Estimate your purchasing power ↓Purchasing Power Calculator
Combine your estimated borrowing capacity and available deposit to see what property price may be within reach.
Your result is a starting point. We can help you understand what it means for you.
Your property budget
Connect your deposit with your borrowing position
Purchasing power is more than the maximum loan amount. It also depends on your available deposit, upfront costs and the lending structure that suits your circumstances.
Include borrowing capacity
Use an indicative borrowing amount to explore a possible property-price range.
Allow for purchase costs
Keep stamp duty, legal fees, inspections and other costs separate from the property price.
Worth knowing
Your maximum and your comfortable budget may differ
A calculator can estimate a possible upper range, but lender policy, loan-to-value ratio, mortgage insurance and verified living expenses may affect the outcome.
Your preferred lifestyle, financial buffer and future plans are also important when deciding what price range feels sustainable.
Frequently asked
Purchasing power, explained
Short answers to common questions when working out a practical property budget.
What does purchasing power mean?+
Purchasing power is an estimate of the property price you may be able to consider after combining available funds with an indicative loan amount and allowing for purchase costs.
Is my deposit included in the property budget?+
Yes, but not every dollar should necessarily go toward the property price. You may also need funds for transfer duty, conveyancing, inspections and a financial buffer.
Why might a lender assess a lower amount?+
Lenders apply their own policies to income, expenses, debts, dependants and serviceability. The property and proposed loan structure may also affect the final assessment.
Found a price range?
Turn the estimate into a clearer buying strategy
Talk with us about how your deposit, borrowing position and purchase costs fit together.
