How Much Can You Borrow in Australia with a $70k, $100k, or $150k Income?
🏠 How Much Can You Borrow in Australia with a $70k, $100k, or $150k Income?
If you’re planning to buy a home in Australia, one of your first questions is likely: “How much can I borrow?” Whether you're earning $70,000, $100,000, $150,000—or even more—understanding your borrowing capacity is key to setting your property goals.
In this article, we break down borrowing power by income bracket and explain how Loans AU can help you navigate the process smoothly.
📊 Income vs Borrowing Capacity: Key Examples
When lenders assess how much you can borrow, they consider your income, expenses, liabilities, credit score, and the type of loan you’re applying for.
Let’s look at estimated borrowing capacities for different income levels (based on a single applicant with average living expenses, minimal debts, and a 30-year loan term at approx. 6% p.a. variable rate):
- 1️⃣ $70,000 Income:
Estimated borrowing capacity: around $350,000 to $420,000
Suitable for entry-level apartments or regional homes - 2️⃣ $100,000 Income:
Estimated borrowing capacity: around $500,000 to $600,000
Good range for units or starter homes in metro areas - 3️⃣ $150,000 Income:
Estimated borrowing capacity: around $750,000 to $900,000
Stronger buying power for family homes or investments - 4️⃣ $200,000 Income:
Estimated borrowing capacity: around $1 million to $1.2 million
Expands access to premium suburbs or dual-income households - 5️⃣ $250,000 Income:
Estimated borrowing capacity: around $1.25 million to $1.45 million
Suitable for large family homes or multi-property investments - 6️⃣ $300,000 Income:
Estimated borrowing capacity: around $1.5 million to $1.75 million
Opens high-end residential or larger investment opportunities - 7️⃣ $350,000 Income:
Estimated borrowing capacity: around $1.75 million to $2 million
Expansive options for luxury or commercial properties - 8️⃣ $400,000 Income:
Estimated borrowing capacity: around $2 million to $2.3 million
Suitable for premium property portfolios - 9️⃣ $450,000 Income:
Estimated borrowing capacity: around $2.3 million to $2.6 million
Full flexibility for high-value homes and sophisticated investments
Note: These figures are general estimates only. Your exact borrowing power depends on your full financial profile, including liabilities and lifestyle.
🔍 What Affects Your Borrowing Capacity?
The answer to “How Much Can I Borrow Home Loan Australia” isn’t just about your income. Lenders also look at:
- Existing debts (credit cards, car loans)
- Living expenses and spending habits
- Credit score and history
- Deposit size and loan-to-value ratio (LVR)
- Type of loan (owner-occupier vs. investor)
This is why working with an experienced mortgage broker can help you maximise your borrowing potential.
💡 How Loans AU Can Help You Get the Most Out of Your Application
At Loans AU, we don’t just answer “How Much Can I Borrow Home Loan Australia”—we help you strategically build your application and access the best loan products on the market.
Here’s how we add value:
- ✔️ Free Borrowing Power Assessment
- ✔️ Credit Report & Health Check
- ✔️ Up-to-date Valuation Reports
- ✔️ Property Market Insights
- ✔️ First Home Owner Grant Application Assistance
- ✔️ Exclusive Access to Lender Deals & Discounts
We work with over 100 lenders to ensure you get the best rates, fastest approvals, and smarter solutions. Whether you're buying your first home or expanding your investment portfolio, Loans AU is here to guide you every step of the way.
🚀 Ready to Know Your Borrowing Power?
Discover exactly how much you can borrow and take the next step with confidence.
📞 Call 0413-360-888
🌐 www.loansau.com/getstarted
💬 Chat with us on WhatsApp
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This article not only answers “How Much Can I Borrow Home Loan Australia” but also helps you understand how to boost your borrowing capacity with expert guidance from Loans AU.
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