About
This calculator helps you to explore your borrowing options and what house you could afford to buy.
Your mortgage is a complex calculation based off many factors and will be different for every lender but depends mostly on:
- your salary, where higher salary multiples become available as your salary increases
- your cash, where better interest rates become available, the lower your loan-to-value ratio
Buying a house is also an investment. Your return on investment will be the gain in house value minus the costs of moving, stamp duty and the interest element of your mortgage payments.
This can be compared to inflation and how your cash would perform if it were invested in a global equity tracker fund. The comparison with a global equity tracker fund assumes that those gains can be realised tax-free.
Depending on your fixed rate period, every 2, 5, or 10 year window is compared from 1985 to 2025 to create the expected investment outcomes.
