Purchasing Power Calculator
Need more than just numbers?
Although this calculator will give you an indication, the finer details could mean thousands of dollars difference a year on your loan– so please just get in touch to understand a potential loan in more detail. We're here to help.
Get expert finance help, here's how:
1. Reach out
Our home loan experts are here to help and we're a friendly local North Brisbane team. Simply reach out here.
2. Your goals
Knowing your unique needs is the next step, including using our calculators and understanding your lifestyle and goals.
3. Your loan
We set about finding the right loan for your needs, comparing 60+ most trusted lenders in Australia.
Why choose Kelly Brothers Finance for your borrowing needs?
We Keep It Simple
When it comes to your loan, we make sure that you understand all the steps and requirements, and we make it easy.
We're Family
We're a family run team, and believe in ensuring you have the right home loan for not only your needs, but your family too.
We're Here Now, And Later
Your loan requires ongoing insights and maintenance. With KBF you don't need to worry, we take care of that for you.
Glowing 5-Star Reviews
If you're like us, you'll want to read reviews before getting in touch. Please see our great reviews here: Our Google Reviews
Meet North Brisbane's finance experts
We negotiate with over 60 leading lenders for you, including the big four banks.
What is a Purchasing Power Calculator, and how does it help?
A Purchasing Power Calculator helps you estimate how much you can afford to borrow for a home loan based on your income, expenses, and financial situation.
It provides an instant snapshot of your potential borrowing power, making it easier to set realistic property goals.
At Kelly Brothers Finance, we specialise in helping North Brisbane home buyers understand their financial options and secure the best loan for their needs.
Why should I use a Purchasing Power Calculator before applying for a home loan?
Using a Purchasing Power Calculator before applying for a home loan gives you a clear idea of your borrowing capacity, helping you avoid unrealistic expectations. It also allows you to compare different loan scenarios and prepare for discussions with lenders.
At Kelly Brothers Finance, we guide first-home buyers in North Brisbane through every step, ensuring you secure a loan that fits your budget and lifestyle.
What factors affect my purchasing power for a home loan?
Your purchasing power is determined by several key factors, including:
- Your income and employment status
- Your current debts and financial commitments
- Your credit score and financial history
- The size of your deposit
- The lender’s interest rates and borrowing criteria
At Kelly Brothers Finance, we help North Brisbane buyers navigate these factors to maximise their borrowing potential and find the right home loan.
How accurate is a Purchasing Power Calculator?
A Purchasing Power Calculator provides a reliable estimate based on the details you enter, but it doesn’t guarantee loan approval. Lenders may have additional requirements that affect your borrowing capacity.
That’s why at Kelly Brothers Finance, we offer personalised consultations for North Brisbane buyers, ensuring you get an accurate and tailored assessment of your home loan options.
