What you could buy for.
Knowing what a lender might lend you is one thing. Knowing what you can actually afford to buy is another. Our free purchasing power calculator brings your borrowing capacity, deposit or equity, and upfront costs together to give you a clearer idea of what you could buy for. It’s free to use, with no cost or obligation.
What does your result mean?
Most calculators only show you how much a lender might lend you. But that doesn’t tell you the full story. You still need to factor in your deposit or equity and the upfront costs that come with buying a property. That’s where purchasing power comes in. It brings everything together to give you a clearer idea of what you can actually afford. Borrowing capacity + deposit or equity − upfront costs = your target property price.
Purchase Price Calculator
Our free purchase price calculator gives you an estimate in seconds. Just enter your deposit, select your buyer type, income and expenses!
Estimates assume a 30-year principal and interest loan assessed at 8.80% p.a. Credit card commitments are calculated at 45.6% of the total limit, and existing debts are reassessed at the assessment rate. Living expenses use the higher of your declared amount or the HEM benchmark (Melbourne Institute, data as at 18 Aug 2026) for your location, household and income. Any lenders mortgage insurance (LMI) is added to the loan. Stamp duty, concessions, government charges and fees are indicative only, and First Home Guarantee eligibility and price caps are estimated. Results are general in nature, not financial advice, and your actual borrowing capacity depends on a full credit assessment and lender policy.
How much cash do I need?
Our calculator factors in all the costs associated with your proposed purchase. These include solicitor fees, building and pest inspections, Government charges and LMI if applicable. The Total Cash Required is the estimate of all you would need.
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Frequently Asked Questions
What's the difference between purchasing power and borrowing capacity?
Our calculator gives you a reliable estimate based on current rates for your state and your selected buyer type. The exact amount is assessed by your state’s revenue office at settlement, based on the final contract and your specific eligibility. Your conveyancer will confirm the precise figure. Use the calculator as your planning guide and your conveyancer’s figure for the actual payment.
How accurate is this calculator?
It gives you a solid working estimate based on general assumptions about lending and costs. Every lender assesses income, expenses and debts slightly differently, so we’ll always refine the exact figure once we understand your full situation.
What upfront costs should I budget for beyond the deposit?
Stamp duty is usually the biggest one, followed by conveyancing or legal fees, government registration charges, and sometimes building and pest inspections. Together these typically land between 3% and 5% of the purchase price.
Can I use equity instead of cash savings?
When looking to buy another home, you could potentially leverage your available equity instead of providing a cash deposit towards your new purchase. This could involve a “cash out” of the equity as a supplementary loan or “cross securitizing” with the new purchase.
Does this calculator include grants or stamp duty concessions?
Not automatically, we have done our best to ensure any concessions that could apply for your state are factored in however, since eligibility depends on multiple factors, it is best to chat with a broker for more information.
