Knowing the size home loan you will be considered for, is a very good place to start. However, this calculator only uses the very first criteria applied by the banks' credit assessors. It doesn't take your monthly obligations and expenses into consideration and it doesn't verify your credit rating.

In order to be 99.99% certain you will qualify for the required home loan, you will need a pre-approval certificate from a reputable bond originator, such as Property Factor, who will do all the necessary checks and balances before issuing the certificate.