Calculators

Feel free to browse Power Lending Group online calculators.

Our online loan calculators are user friendly, informative and will provide you with a general idea of how much you can borrow, a calculation of various loan repayments, stamp duty and other fees, a savings planner and an effective way to compare home loans from different lenders

Loan Comparison Calculator
To evaluate the total cost of your home loan over time.....try our Loan Comparison Calculator. It has been designed to help you compare different loan products by including upfront and ongoing fees in addition to interest costs.

Borrowing Power
By entering a few details.....this calculator provides an estimate of the total amount you can borrow, monthly repayments, term of the loan, and total payments including principal and interest.

Stamp Duty & Fees
Ever considered what fees are payable when purchasing a property? By using this calculator you will be fully informed of the applicable stamp duties and other fees for all Australian states and territories.

Savings Calculator
Not quite ready to purchase your dream home or investment property? Use this calculator as a planning tool to help meet your savings objectives.

For more detailed information on your specific requirements, please apply online or contact us to have one of our highly experienced mortgage brokers meet with you at your home or office to discuss your individual requirements.

Fees

Please apply online or contact us to further discuss your loan requirements.
Please Note: This calculator is to be used as a guide only and does not represent a quote, a loan offer or

Fees

Please apply online or contact us to further discuss your loan requirements.
Please Note: Stamp duty concessions or exemptions may apply. This calculator is to be used as a guide only and does not represent a quote, a loan offer or advice.

How Much Can I Borrow?

Please apply online or contact us to further discuss your loan requirements.

Borrowing Power

The information provided by this calculator should be treated as a guide only, and not be relied on as true indication of your home loan repayments, or a quote or indication of pre-qualification for any home loan product. The Borrowing Power Calculator calculates the potential amount you may be able to borrow for a home loan, with respect to a number of factors about the borrower's personal financial situation.

Key calculator assumptions

Living Expenses
Living expenses are an estimate based on a national average of the Household Expenditure Measure (HEM). This estimate takes into account factors such as the application type (single or joint) and the number of dependents that the applicant(s) support. This amount is used as guidance only in helping you assess your potential borrowing capacity. Your actual expenses may differ from this approximation. Vehicle expenses are based on the average monthly running costs of a medium sized motor vehicle based on RACV 2015 Motoring Cost Report.
Net Income after Tax
The calculator applies the basic applicable tax rate to 'Before tax' income entered for the current financial year. This does not take into account additional commitments you may have such as HECS-HELP or other applicable levies, for example.
Length of Month
It is assumed that each month is of equal length.
Rounding
Calculated dollar amounts are rounded to the nearest whole dollar.
Monthly Repayment
The monthly repayment is based on an interest rate (repayment rate), which is the average of Australia’s four major bank’s standard (owner occupied) variable interest rate calculated over a loan term of 30 years.
Assessment Rate
The assessment rate used to calculate maximum borrowing power is based on the current repayment rate plus a margin of 2.25%
General
In practice, actual home loan calculations may differ based on how a lender interprets these factors in regards to any given loan. These assumptions allow us to help you determine estimated borrowing power amounts that will help with your research. Before applying for a loan, your actual monthly expenditure and other factors will have to be taken into account in calculating your actual borrowing capacity. The information provided by this borrowing power calculator should be treated as a guide only, and not be relied on as true indication of your home loan repayments, or a quote or indication of pre-qualification for any home loan product. Applications for finance are subject credit approval. Full terms and conditions will be included in any loan offer.

Fees and charges are payable.

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