Borrowing power

How much can I borrowon my salary?

$528,861 to $581,992 on $100,000, depending on the lender.

That is what ten big lenders’ own calculators said on 23 August 2026 for one person earning $100,000, with no other debts, no HECS and no kids, buying a home to live in with a 20% deposit. The middle figure was $534,783. The same ten lenders are $53,131 apart on the same person. So there is no single answer to “how much can I borrow”. The useful question is which lender says yes, and at what rate.

$100k, one income
$529k$582k
$151k, two incomes
$738k$814k
Lenders priced
10
Priced
23 August 2026

One income: what each salary borrows

The lowest, middle and highest figure from 10 lenders for a single applicant. A home to live in, 20% deposit, no debts, no kids.

IncomeLowest lenderMiddleHighest lenderSpread
$66,000$305,127$352,353$367,523$62,396
$75,000$367,726$391,172$433,606$65,880
$80,000$402,503$425,577$435,139$32,636
$88,000$443,595$449,481$493,880$50,285
$100,000$528,861$534,783$581,992$53,131
$108,000$540,067$585,939$595,711$55,644
$130,000$688,933$697,368$754,243$65,310
$148,000$764,579$773,267$833,555$68,976
$160,000$839,283$847,889$868,804$29,521
$183,000$933,370$944,843$990,442$57,072
$200,000$1,006,325$1,017,652$1,093,778$87,453
$220,000$1,084,797$1,098,907$1,175,597$90,800
$250,000$1,245,999$1,261,252$1,347,284$101,285

These are the incomes we priced, so they are not all round numbers. Each figure is the most that lender said it would lend, to the dollar.

Two incomes: what each salary borrows

The lowest, middle and highest figure from 10 lenders for a couple, with the income split about 55/45. A home to live in, 20% deposit, no debts, no kids.

IncomeLowest lenderMiddleHighest lenderSpread
$86,000$366,176$375,560$417,776$51,600
$104,000$497,539$509,398$559,662$62,123
$120,000$564,902$573,784$629,039$64,137
$134,000$630,780$669,487$688,735$57,955
$151,000$738,344$747,329$813,559$75,215
$162,000$779,770$822,663$850,467$70,697
$185,000$926,094$938,869$989,439$63,345
$205,000$1,040,390$1,051,636$1,136,292$95,902
$230,000$1,183,164$1,196,070$1,287,165$104,001
$250,000$1,215,387$1,228,878$1,319,559$104,172
$290,000$1,508,576$1,527,297$1,643,949$135,373
$332,000$1,770,947$1,792,335$1,827,785$56,838
$360,000$1,855,326$1,875,192$2,005,304$149,978

These are the incomes we priced, so they are not all round numbers. Each figure is the most that lender said it would lend, to the dollar.

What income do I need for a loan?

The lowest income we priced where the middle lender would lend the full amount, and how many of the ten would.

LoanOne incomeLenders who’d lend itTwo incomesLenders who’d lend it
$400,000$80,00010 of 10$100,00010 of 10
$500,000$100,00010 of 10$104,0009 of 10
$600,000$130,00010 of 10$134,00010 of 10
$700,000$132,00010 of 10$151,00010 of 10
$800,000$160,00010 of 10$162,0007 of 10
$1 million$200,00010 of 10$205,00010 of 10
$1.2 million$250,00010 of 10$250,00010 of 10
$1.5 million$308,0007 of 10$290,00010 of 10

Read this as a floor. The real cut-off sits somewhere below the figure shown, because we only priced some incomes. What those loans cost a month is on the repayments pages.

What changes this number

A credit card limit

Lenders count the limit, not what you owe. On $100,000, a $10,000 limit you never use takes about $41,000 off what you can borrow.

A car loan

$500 a month in repayments on the same income means about $55,000 less loan. Paying it off before you apply is often the biggest single thing you can do.

Living costs

Every lender sets a floor for your household. Spending $500 a month above it means about $55,000 less. HECS and kids work the same way. They are costs that come before the loan.

These three come from our borrowing power calculator (6.2%, a 3-point test buffer, 30 years), so you can check the sums. The tables above are the lenders’ own figures.

The deposit sets the other limit

Everything above is the income limit. Your deposit sets a second one. With a 5% deposit, the loan cannot be more than 95% of the price, whatever you earn. A $50,000 deposit caps you at a $1,000,000 home and a $950,000 loan. And above 80% you pay LMI and usually a higher rate. The rate monitor shows what that higher rate costs.

Questions

How much can I borrow on a $100,000 salary?

Between $528,861 and $581,992, depending on the lender. The middle figure is $534,783. That is what ten big lenders' own calculators said on 23 August 2026 for one person earning $100,000 with no other debts, no HECS and no kids, buying a home to live in with a 20% deposit. The lenders are $53,131 apart on the same person. So the question is which lender, not whether.

How much can I borrow on a $75,000 salary?

Between $367,726 and $433,606 across the same ten lenders. The middle figure is $391,172. A car loan, a credit card limit or a child changes this more than a pay rise does. See what changes the number, below.

What income do I need for a $500,000 mortgage?

About $100,000 on one income, or $104,000 between two, with no other debts and no kids. That is the lowest income we priced where the middle lender would lend $500,000. At that income, 10 of 10 lenders would lend it to one person and 9 of 10 to a couple.

Why do lenders give different answers for the same income?

Each lender has its own calculator. It sets its own living cost floor for your household, its own test rate above the loan rate, and its own rules for card limits and HECS. On $148,000 the ten big lenders went from $764,579 to $833,555. Across all 33 lenders on the panel it was $705,750 to $869,173. A broker's job is to know which lender suits you.

Does a bigger deposit let me borrow more?

No. The figures above are what your income supports. Your deposit sets a second limit. With a 5% deposit, the loan cannot be more than 95% of the price, whatever you earn. And above 80% you pay LMI and usually a higher rate. The lower of the two limits is the one that counts.

Is this what I would be approved for?

No. It is what each lender's calculator said for one example household. Approval depends on the rest of your file: your real spending, your debts, your deposit, the property and your credit history. A lender assesses it, and a licensed broker submits it.

Priced 23 August 2026, re-run with the panel. Each figure is the most a lender’s own calculator said it would lend to one example household: variable, principal and interest, 30 years, a home to live in at 80% LVR, living costs declared at $1,000 a month so each lender uses its own floor, no other debts, no HECS, no kids. The ten lenders are CommBank, Westpac, NAB, ANZ, Macquarie, Bankwest, St.George, ING, Suncorp Bank, Firstmac. They are a guide, not an assessment of you, and a different household gets a different answer. Arthr Pty Ltd provides marketing and lead-generation services only; credit assistance is provided by 1st Street Pty Ltd, Credit Representative 490057 under Australian Credit Licence 389328.

Want your own number?

A broker at 1st Street runs the same lender calculators on your real income, debts and deposit, and tells you which ones say yes.

See what you could borrow