When it comes to buying a home, one of the first questions you might ask is, "How much can I borrow?" This is where the concept of borrowing capacity comes into play. Borrowing capacity, simply put, is the amount of money a lender is willing to loan you for the purchase of your property. It's the starting point of your home-buying journey, giving you a clear idea of what homes are within your reach.

Several key factors influence your borrowing capacity. These include your income, expenses, existing debts, and credit history. Additionally, lenders will consider the stability of your employment and your lifestyle choices, as these can impact your ability to make regular loan repayments. It's like piecing together a puzzle – each piece is crucial for seeing the big picture.

But don't worry, we've got something to make this easier for you! Below you'll find our handy borrowing power calculator. This tool is designed to give you an estimate of how much you might be able to borrow, based on the information you provide. It's a great first step to understanding your financial position and how you can move forward towards securing your dream home.

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