The purchasing power calculator estimates the property price range you may be able to consider based on your deposit, income, living expenses, existing debts, and whether you are a first home buyer. It is designed to give a high level indication of what may be achievable before speaking with a mortgage broker.

Note: The information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs. Results are estimates only and must not be relied upon.

No. The purchase price range shown is indicative only and is not guaranteed. It does not represent a loan approval, pre approval, or lending offer from any lender.

Actual borrowing capacity and purchase limits can differ once a lender completes a full assessment.

The calculator uses the deposit amount you enter to estimate your loan to value ratio and how much you may be able to contribute toward a purchase. It assumes the deposit is available and can be used toward the purchase price and associated costs.

The calculator does not confirm whether your deposit meets lender or scheme requirements.

No. While you can indicate that you are a first home buyer, the calculator does not assess eligibility for the Australian 5% deposit scheme or fully model its impact on interest rates or lender pricing.

As a result, the indicative interest rate used in the calculator may appear higher than what may be available if you are eligible for the scheme. Eligible borrowers may be able to access more competitive interest rates through participating lenders.

Eligibility for the scheme is subject to strict criteria and lender assessment and must be confirmed separately.

Note: The information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs. Results are estimates only and should not be relied upon.

The calculator applies simplified assumptions to your stated income and living expenses. Lenders assess income and expenses using their own methodologies, which may be more conservative or lenient, and differ between lenders.

For this reason, results may differ materially from a lender assessment.

No. The calculator is a planning and education tool only and should not be relied upon to set a maximum purchase price or to make contractual decisions.

You should always allow a buffer and obtain personalised advice before committing to a purchase.

No. The calculator provides general information only and does not constitute financial advice, credit advice, or a recommendation.

You should seek tailored advice based on your personal circumstances.

The calculator is best used as a starting point. If you would like to understand your realistic purchase range, lender options, or next steps, a discussion with a mortgage broker is recommended.

Note: The information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs. Calculations are estimates only and it is advised that you consult with a mortgage broker about your specific circumstances.