Call
1300-729-177
or 02-9210-1000
- What price property can I buy? - see below for the Home Loan Advice Centre - Purchase Capacity Index for Investment property purchasers
Coming soon ... for Investors
As a property investor, you benefit from the rental income potential of the property you will rent out. Also you may qualify for tax deductions for any losses associated with the property.
Find the table that applies to you below for your capacity..
- Sole applicant
- Joint applicants
- Joint applicants + 1 child
- Joint applicants + 2 children
- Joint applicants + 3 children
- Joint applicants + 4 children
- Information and assumptions
Home Loan Advice Centre - Purchase Capacity Index
Investor - Sole Applicant - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Home Loan Advice Centre - Purchase Capacity Index
Investor - Joint Applicants - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Home Loan Advice Centre - Purchase Capacity Index
Investor - Joint Applicants with 1 dependent child - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Home Loan Advice Centre - Purchase Capacity Index
Investor - Joint Applicants with 2 dependent children - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Home Loan Advice Centre - Purchase Capacity Index
Investor - Joint Applicants with 3 dependent children - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Home Loan Advice Centre - Purchase Capacity Index
Investor - Joint Applicants with 4 dependent children - NSW
| GrossYearlyIncome | $30,000 | $40,000 | $50,000 | $60,000 | $70,000 | $80,000 | $90,000 | $100,000 |
| MaxPropertyPrice | ||||||||
| DepositRequired | ||||||||
| WeeklyPandIRepay | ||||||||
| WeeklyIntOnlyRepay |
--------------------------------------------------------------------------------------------------------------------------
Assumptions
- all calculations done assuming no other debt and zero credit card limits
- all loans < 500K calculated as 95% LVR loans
- all loans 500K - 600K calculated as 90% LVR loans
- all loans >600K calculated as 85% LVR loans
- assumes all mortgage insurance premiums can be capitalised.
- incomes for joint applicants are split evenly, results may differ slightly if otherwise.
- maximum lend is calculated by running income figures over a number of banks serviceability calculators and using "near maximum result"
- repayments based on interest rate of 6.72%. Actual interest rate should be in this vicinity however is dependent which lenders customers qualify for
- dependent children classified as <18y old and living at home. Capacities shown may increase slightly if family allowance benefits are receivable.
© Home Loan Advice Centre 2005 – all information provided on the Home Loan Advice Centre website is intended as general information only and is not provided as professional advice. Home Loan Advice Centre does not warrant the accuracy or completeness of any information on this website and does not accept liability or responsibility for any information nor for any actions taken by you or any another party in connection with it.
