Serviceability Calculator
Detailed borrowing power estimate using bank assessment criteria
Your Financial Details
Income
Before tax
Leave as 0 if not applicable
Annual amount — banks use 80% of this
Expenses
Leave at 0 to use HEM benchmark
Existing Debts
Per month
Per month
Banks use 3% of total limit as a commitment, even if $0 balance
Repayment rate based on income
Per month
Loan Details
Assessment rate: 9.0% (incl. 3% buffer)
Your Results
Max Borrowing Amount
$414,273
DTI Ratio: Healthy
This DTI ratio is within most lenders’ comfort zone.
Monthly Breakdown
This is an estimate. Actual serviceability depends on your lender's specific assessment criteria, credit history, employment type, and living situation.
Disclaimer: This calculator uses simplified calculations including an approximate 30% tax rate, a 3% serviceability buffer, and HEM benchmarks. It does not account for individual lender policies, stamp duty, or LMI. Seek professional financial advice before making borrowing decisions.