Finance Broker Canberra Calculator Method

This calculator is a rough borrowing-capacity illustration, not personal advice, not a loan offer and not an approval estimate. It applies a simplified repayment capacity model using income, expenses and an assessment rate.

Sources and assumptions

APRA (Australian Prudential Regulation Authority) states the mortgage serviceability buffer remains 3 percentage points. ASIC (Australian Securities and Investments Commission) MoneySmart explains that brokers must be licensed or authorised. Real lenders use detailed income, expense and credit policies that this tool does not replicate.

APRA and MoneySmart should be checked for current consumer information.