Single-Income Borrowing Power Calculator
Discover how much you could borrow as a single parent. Get an estimate of your borrowing capacity based on your income and expenses.
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Enter your details and click "Calculate Borrowing Power" to see your results
Important Information
This calculator provides general estimates only and should not be considered as personal financial advice. We strongly recommend speaking with a licensed mortgage broker to discuss your individual circumstances.
The team at Ding Financial is available to discuss your unique situation:
Calculator Disclaimers:
- •This is a model, not a prediction. Amounts and repayment periods are estimates only. Actual amounts may be higher or lower.
- •Results are based on information you provide and do not take your personal circumstances into account.
- •Calculations apply to loans where your regular repayment includes both interest and the gradual repayment of the amount borrowed.
- •The calculator is not intended to be your sole source of information when making a financial decision. Consider getting advice from a licensed finance professional.
- •Using this calculator does not guarantee you will be eligible for a loan. You will need to satisfy your lender's lending criteria.
- •The average interest rate reflects the most recent Economic and Financial Statistics data (Housing Lending Rates) published by the Reserve Bank of Australia.