Home loans · Australia-wide
Buying a home? See what you could borrow
Whether it's your first home, an upgrade or an investment property, start by knowing your numbers. Check your borrowing power and the schemes you may be eligible for, then get one clear recommendation.
Check my optionsChecking your options doesn't affect your credit file. A credit check only happens if you decide to apply — and we'll tell you before it does.
When it can make sense
- First home buyers wanting to use the 5% Deposit Scheme or Help to Buy
- Upgraders and downsizers who need to line up a sale and a purchase
- Investors comparing interest-only and principal-and-interest options
- Self-employed borrowers who need a lender that understands their income
What to watch out for
- Stamp duty and first home buyer concessions differ in every state and territory
- Government schemes have property price caps and eligibility rules, so check before you bid
- A larger loan at a low deposit costs more interest over time, even without LMI
- Pre-approval isn't final approval: the property and your circumstances are re-checked
How it works
- 01Share your situationIncome, savings, debts and the kind of property you're after. It doesn't touch your credit file.
- 02See your borrowing rangeWe estimate what lenders are likely to approve, plus the schemes and concessions that may apply in your state.
- 03Get pre-approvalWhen you're ready, your broker lodges with the best-fit lender so you can bid with confidence.
Common questions
Will checking my options affect my credit score?
No. Checking what you could qualify for uses the information you give us and doesn't put an enquiry on your credit file. A lender only runs a credit check if you decide to apply, and we'll tell you before that happens.
Can I buy with a 5% deposit?
Possibly. Under the Australian Government's 5% Deposit Scheme, eligible first home buyers can buy with a 5% deposit without paying lenders mortgage insurance, subject to property price caps that vary by location. Single parents may be eligible with 2%.
What is Help to Buy?
Help to Buy is a federal shared-equity scheme. The government can contribute up to 40% of the price of a new home or 30% of an existing home, with a minimum 2% deposit, subject to income caps, price caps and limited places.
How much can I borrow?
It depends on your income, expenses, existing debts and the lender's rules. Lenders test your repayments at the interest rate plus a 3% buffer. Our check gives you an estimated range in about a minute.
Related guides
- First home buyer help in Australia: the 5% Deposit Scheme, Help to Buy and state concessionsThe federal schemes, how they differ, and why your state matters for stamp duty.
- Does checking your borrowing power affect your credit score?The difference between checking your options and applying, and what actually shows up on your credit file.
See where you stand in about a minute.
No obligation, and no effect on your credit file.
General information only, not personal financial advice. Your circumstances, the lender's criteria and fees will determine whether an option suits you.