How much does it cost to build a house?
How much money you can borrow will depend on the four things mentioned below, but also whether you are comfortable borrowing that amount and making the necessary repayments each month.
If you're ready to get an estimate of your borrowing power for a home loan, you can use our helpful home loan borrowing bower calculator.
Read on for a more in-depth explanation of four things that go towards calculating how much money you can borrow.
Talk to a lender to discuss your situation and to find out how much you can borrow. By talking to a lender you’ll find out exactly what they will require from you for an application, and they’ll be able to go through different types of loans, rates and loan amounts and discuss how they affect mortgage repayments.
Remember, we offer a pre-approval service so you can shop for a property with more confidence. To organise a home loan pre-approval enquire online, call 13 14 22 or drop into your nearest branch and chat with one of our lending specialists.