What does affordability mean?
Affordability is the amount a bank may feel you can repay each month after looking at your income, expenses, credit profile, and other debts.
Can I afford it?
Work out a rough price range before you start viewing homes.
Add your income, expenses, and loan details. The calculator gives you an estimate of how much you may be able to borrow.
This page helps you avoid guessing. It gives you a starting point for what price range may suit your budget.
Quick answers
Affordability is the amount a bank may feel you can repay each month after looking at your income, expenses, credit profile, and other debts.
No. It is only a guide. A bank still needs to check your documents, credit record, and full application.
The bank wants to see what money is left after your normal monthly costs. Lower debt and steady income usually help.
Use it before you view homes or make an offer. It helps you focus on properties that match your budget.