The amount you can borrow depends on the purchase price or market value of the property and associated costs, what you’re earning and your ongoing financial commitments. As a rule of thumb, you can borrow up to 95% of the value of the property being offered as security. (Note that Lenders Mortgage Insurance usually applies for loans over 80% LVR, with some lenders allowing you to capitalise this fee to the loan amount to a maximum loan value of 97%.)

Some lenders also offer 100% loans with a family pledge / guarantee support.

In determining your borrowing capacity, the assessment and the amount of the advance will vary between lenders. My calculator will provide you with a guide. Or you can contact me for a free no-obligation consultation to fully assess your borrowing opportunities.