How much
could I borrow?

Borrowing power (or borrowing capacity) is the amount you can borrow from a lender or bank. It is typically equivalent to your potential loan amount.

Learn more about what borrowing power is here. You can also try our borrowing calculator.

Borrowing calculators estimate how much you are able to borrow while taking into consideration a number of factors:

• Are you borrowing by yourself or with someone else?
• What is your income?
• What debts, liabilities and expenses do you have?
• What are your loan terms? For eg: 30 years.

From $10,000 to $10,000,000.

Total borrowings per customer across all Unloan loans is limited to $10,000,000.

(For an Unloan home loan with Lenders Mortgage Insurance (LMI) the minimum loan amount is $10,000, maximum loan amount is $3,000,000 and total borrowings per customer across all Unloan loans is limited to $3,000,000).

You’ll be able to see:

• An estimate of your minimum monthly principal and interest repayments by refinancing to Unloan
• What changes occur if you make additional repayments
• An estimate of how much interest you could save by refinancing to Unloan
• How our annual discount works over the life of your loan

The calculations on our refinance home loan calculator and mortgage interest calculator are an estimate provided as a guide only. They are calculated based on our current advertised interest rate and assume this rate continues for the life of the loan until the loan settlement date is reached. Interest rates may change at any time.

Calculations are not home loan approvals. Applications are subject to credit approval, satisfactory security, and minimum deposit requirements. Full terms and conditions will be set out in our loan offer, if an offer is made.

As the refinance home loan calculator has been provided without considering your objectives, financial situation or needs, you should consider the appropriateness of any outcomes to your circumstances, and seek independent advice as required. Take note that our calculations do not consider product features or grants.

Everyone's borrowing power is different. You can use an online borrowing calculator (like ours!) to get an indication of how much you might be able to borrow.

There are a number of factors that may affect your borrowing power including:

• Your income
• Your debts and expenses
• Your type and length of home loan term

For more information, click here.

Yes, your employment type will impact your borrowing power. Your employment and job stability can help determine how likely you'll be able to make repayments on your loans.

Higher interest rates typically mean your borrowing power will be reduced as your repayment costs will increase.
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Learn more about how interest rate changes impact your repayments here.

Whether they're big or small, any existing debt or financial commitments you regularly put your income towards could impact your ability to make repayments on your loan.

These include credit cards, existing home loans, personal loans, HECS-HELP and more. Learn more about how your debt and expenses impact your borrowing power here.