Borrowing illustrator
See how income, commitments and rates change the size of a loan.
This is not a borrowing capacity calculator. Pick a composite scenario to see how a lender typically thinks through it, conceptually. These are illustrative composites, not real people.
Combined income
$85,000
Key commitments
Moderate, no other debts
How this is typically assessed
A single steady income with few commitments is generally assessed as relatively straightforward. Lenders tend to look closely at how stable the income is and whether there's a buffer in savings. Because there's only one income, the lender may apply a slightly more conservative view on living expenses, since all the repayment risk sits with one person. Consistent savings history tends to help here.
This information is general in nature and does not take into account your personal financial situation. It is not financial, credit, tax, or legal advice. Please consult a licensed financial adviser, mortgage broker, or conveyancer or solicitor before making any decisions.