This calculator allows you to quickly calculate what you can afford to borrow based on your income and expenditure. Please enter the figures required and then click on calculate.
Income earnings must be specified correctly. Please ensure that the income details of one of the income earners is recorded under the "Applicant 1" column.
The Loan Term must be specified, and must be greater than 0
Product of the Commonwealth Bank of Australia ABN 48 123 123 124
The figures and formulae used within this Calculator may change
at any time without notice. The calculations are intended as a guide only.
When assessing ability to service a loan, the Bank may use an interest rate
that is higher than the current interest rate for the loan requested.
We call this the Assessment Interest Rate. Changes in economic conditions
may see variations in rates requiring higher repayments during the life of
a loan and it can be of assistance, when setting budgets, to consider such