How much can I borrow?

Discover how much you need to borrow to secure your dream home.
We have a host of new home options to choose from.

How much can I borrow?

Discover how much you need to borrow to secure your dream home. We have a host of new home options to choose from.

Think beyond the mortgage calculator.

It’s often the first question we ask when we’re considering buying a new home: How much can I borrow?

The truth is, you’ll find a host of mortgage calculators online, such as Money Smart’s mortgage calculator (their budget planner is also a great calculator) but mortgage calculators only give you part of the story. There’s a problem with the question ‘How much can I borrow?’ just as there’s a problem with even the best mortgage calculators.
 
It isn’t just about how much you can borrow, but about which mortgage product suits you and your unique circumstances best. It’s about finding a mortgage that’s right for the home you want to buy, and your plans for the future. It’s about balancing and deciding on a whole host of factors, which no online mortgage calculator can do.
There are so many questions and mortgage features to consider, including:
  • What do your finances look like?
  • Have you established a manageable budget?
  • What deposit can you commit to?
  • How much is it prudent to borrow?
  • Principal or interest only mortgage?
  • Fixed, variable or split rate loan?
  • What about redrawing, offsets or a line of credit?
The answer: Talk to a mortgage broker you can trust
Instead of asking ‘How much can I borrow?’, ask people you know if they can recommend a mortgage broker.
 
A good mortgage broker will save you money in the long term (and time in the short term). They’ll seek out the best deal from the best lender when you’re ready to buy, taking your budget, financial goals and lifestyle plans into account.
 
 

How much do you need for a deposit?

At Pindan, we pride ourselves on the diversity of our developments, which means you have a broad range of new home options to choose from, with an equally broad range of affordable deposit and finance options.
 
Here are just a handful of examples, but be sure to check with us for full details and our latest offers:
 

Remember… Our deposit terms are flexible – don’t hesitate to get in touch for more information.