The ability to borrow more funds. A person or company with a great deal in assets and little in debt is likely to have greater borrowing power than a person or company in the opposite position.

This calculator is only a guide. It is designed to help you work out your borrowing power based on your current financial position. The calculation uses your Debt Servicing Ratio which is found by dividing your total monthly repayments by your total monthly income. You should check with your own institution for specific requirements.

  1. Enter the relevant details for your income and expenditure
  2. Choose your loan details
  3. Click once on the "Calculate" button to calculate your result
Total Monthly Salary and Wages: $
Other Monthly Income: $
Monthly Loan Repayments $
Monthly Credit Card Repayments $
Other Monthly Repayments $
Term of Loan   years
Annual Interest Rate   %