Borrowing Power Calculator
FAQs
Before reaching out, check out our frequently asked questions to see if we’ve already answered what you’re looking for.
1. What is a borrowing power calculator and how does it work?
It estimates how much you can borrow based on income, expenses, and liabilities, helping you plan your next property purchase confidently.
2. What factors affect my borrowing capacity?
Income, debts, credit score, interest rates, and living costs all influence how much lenders may approve.
3. How can I increase my borrowing power?
Reduce debts, improve credit, and build savings. Speaking with a Rethink Financing broker can reveal additional strategies.
4. Is this calculator suitable for commercial property loans?
Yes — it’s designed for both residential and commercial property lending assessments.
5. What should I do after using the calculator?
Use your estimate as a guide, then contact Rethink Financing for tailored lending options and pre-approval advice.