Purchasing Power Calculator
See roughly what price bracket could be within reach once your deposit and loan are added together. A useful guide for focusing your Sydney property search. When you are ready to begin the process, speak to a member of the Mortgage Broker Sydney team and they will be on hand to take you through the whole journey.
This calculator gives a general estimate only.
It is not a loan offer, quote, pre-approval or lending commitment. Your actual borrowing capacity depends on a full credit assessment, individual lender policy, fees and your personal circumstances. This is not financial or credit advice. Speak with one of our mortgage brokers before signing anything.
How do you calculate purchasing power?
Add up your income, subtract debts and living expenses, then factor in your deposit, current rates, and Sydney-specific costs like stamp duty. The calculator does this automatically when you enter your details.
Is purchasing power the same as borrowing power?
Not quite. Borrowing power is how much a lender will lend you; purchasing power also accounts for your deposit and Sydney’s upfront costs, like stamp duty and LMI, giving you a fuller picture of what you can actually buy.
Does my deposit affect my purchasing power?
Yes, a bigger deposit increases your purchasing power and can help you avoid lenders’ mortgage insurance, which matters more in Sydney given the city’s higher median property prices.