Bond Affordability Calculator
Explore an illustrative home-loan amount using income, existing debt, a deposit and a repayment percentage you choose.
Affordability assumptions
How the estimate works
The model starts with the income and repayment percentage you enter, subtracts existing monthly debt and converts the remaining payment into an estimated loan amount using the selected rate and term. Your deposit is then added to show an illustrative property amount.
Important limitation
Banks and other lenders use their own affordability, credit, income, expense and policy assessments. The result here should not be treated as approval, a guarantee or personalised financial advice.
The payment percentage is explicitly user-entered so ToolZeroo does not hide or imply a lender-specific affordability rule.
Frequently asked questions
What is bond affordability?
It is an estimate of the bond amount that fits the assumptions entered, including income, existing debt, payment ratio, rate and term.
Is the result a bank affordability assessment?
No. Banks use their own affordability and credit criteria, so the result can differ.
Does a deposit increase the estimated property amount?
In this calculator the deposit is added to the illustrative bond amount to show a scenario property amount.