How much can I borrow to buy a home?
You can use our borrowing capacity calculator to get an estimate. Alternatively, you can complete our online pre-approval application form or speak to a home lending specialist to get a clearer idea of how much you can borrow.
Once you’re in contact, we’ll ask you for the following information:
- Your income, and your partner's income if you are looking to buy a house together
- How long you (and, if applicable, your partner) have been in your current job/s
- Your savings and the value of any other assets
- Your debts, including personal loans and credit cards
- Your ongoing expenses.
The minimum amount we lend for a home loan is $10,000. The maximum loan amount depends on your borrowing capacity and the value of the residential property to be used as security for the home loan. Our loan calculators can give you an idea of how much your monthly repayments would be and how long you could take to repay the debt.
Once you submit your full application, we will assess your financial position, then confirm the loan amount and term you have requested.