How much can I borrow?

Applicant gross income per year

Partner gross income per year, optional

Number of dependants

Rental income per year, gross

Investment income and dividends per year

Other income bonuses, overtime, per year

HECS/HELP debt?

Amount owing optional, if known

Repayment is worked out from income, as an example.

Total credit card limits the limit, not the balance

Other loan repayments per month

Declared living expenses per month

Assessment rate6.69% + 3% buffer = 9.69%. Example rate: NAB standard variable, as at 2 Nov 2026

Card limits3.8% of the limit per month (assumption)

Living expensesHigher of HEM or declared

Rental income80% counted. Example, to be confirmed by LMM

Investment income and dividends80% counted. Example, to be confirmed by LMM

Other income (bonus, overtime)80% counted. Example, to be confirmed by LMM

HECS/HELP15% of applicant income above $67,000 a year, as a monthly commitment. Example, to be confirmed by LMM

Loan term30 years, principal and interest

HEM figure is a placeholder formula, not a real HEM value. Net income uses example resident tax rates plus 2% Medicare (method to confirm).

Turn this estimate into a real plan