How to calculate your borrowing capacity

How to calculate your borrowing capacity
9Sep2020

So you want to get into the property market and scoop up a great deal during the spring home buying season, but you’re not sure how much you can afford to borrow. Our finance brokers can help.

The team at Carbon Finance are experts in their field and have helped many people like you find the right home loan to suit them. Everyone is different, so there is no one size fits all when it comes to home loans. 

What is your borrowing capacity? 

It’s one thing to find your dream home, but whether you can afford the mortgage is another factor altogether.  How much you can afford to borrow depends on your: 

  • Income and financial commitments 
  • How much you have saved for a deposit, plus your other savings 
  • ​Credit score 

Find out your borrowing capacity here.

What’s next? 

Get in touch with Carbon Finance to kickstart your home buying journey.  

Our finance brokers aren’t your average loan writers: We get to know our clients, their goals and their financial situations so we can find the best loan option for you. We have access to over 30 lenders, which means we have more options to choose from when selecting what suits your needs the best. 

Book a FREE appointment today, click here

Contact us today

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