How Much Can I Borrow for a Home Loan in Sydney?
Get your exact borrowing capacity in 90 seconds. Our Sydney mortgage broker calculator estimates your borrowing capacity based on current lending criteria, plus insider strategies to maximize your borrowing power.
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Sydney Home Loan Borrowing Capacity Calculator
Discover exactly how much you can borrow for Sydney property based on current lending criteria
Your Gateway to 50+ Lenders
Step 1: Estimate your borrowing capacity based on industry-standard assessment criteria. Step 2: Our brokers compare actual rates and products from Commonwealth Bank, Westpac, ANZ, NAB, and 46+ other lenders to match you with the best deal
Sydney Suburb Affordability
See what you can afford in popular Sydney suburbs like Parramatta ($1.2M median), Chatswood ($2.3M), Bondi ($2.5M), or emerging areas in Western Sydney. We factor in local council rates and strata fees.
NSW First Home Buyer Benefits
NEW Oct 2025: Unlimited 5% deposit loans up to $1.5M in Sydney with no income caps! Plus NSW stamp duty exemption up to $800,000 (save $31,000+) and First Home Owner Grant ($10,000 for new homes).
Understanding Sydney's Home Loan Borrowing Capacity in 2025
What determines how much I can borrow in Sydney? Your borrowing capacity for Sydney property depends on your income, expenses, existing debts, deposit size, and the lender's assessment rate. Most Sydney lenders currently assess loans at 3% above the actual rate (around 8.5% total) to ensure you can handle rate rises.
Average borrowing capacity in Sydney: With a combined household income of $150,000 and minimal expenses, most Sydney buyers can borrow between $650,000-$750,000. NSW has the highest average loan size at $816,000. This varies significantly between lenders - some may approve up to $850,000 for the same applicant.
Sydney deposit requirements NEW Oct 2025: First home buyers can now access 5% deposit loans up to $1.5M with no LMI under the expanded First Home Guarantee (unlimited places, no income caps). On the median $1.19M Sydney property, that's just $59,445 deposit plus costs, potentially saving years of saving and $30,000+ in LMI.
Sydney Home Loan Borrowing Capacity Calculator
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Sydney Borrowing Capacity Calculator
🚀 Start My Sydney AssessmentHow Our Sydney Mortgage Calculator Works
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Basic information about you and your Sydney property goals
Income & Expenses
Tell us about your finances and Sydney living costs
Current Debts
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Sydney Property Affordability by Region
See what your borrowing capacity can buy across Sydney's diverse suburbs
Western Sydney
Parramatta, Blacktown, Liverpool, Penrith
Great for first home buyers with new infrastructure and growing amenities.
North Shore
Chatswood, Willoughby, Mosman, Neutral Bay
Excellent schools and established communities.
Eastern Suburbs
Bondi, Coogee, Randwick, Double Bay
Beach proximity and premium lifestyle locations.
Inner West
Newtown, Marrickville, Leichhardt, Balmain
Popular with young professionals and families.
South Sydney
Hurstville, Kogarah, Cronulla, Miranda
Good transport links and family-friendly areas.
Northwest Sydney
Castle Hill, Bella Vista, Kellyville, Rouse Hill
New Metro access and modern estates.
Success Stories from Sydney
Real results from real Sydney home buyers
"Mint Money helped us navigate Sydney's competitive market. Their local expertise was invaluable in securing our dream home in Paddington."
Sarah Chen
Paddington, NSW
"As first home buyers in Sydney, we thought it was impossible. Mint Money proved us wrong and got us into our Manly apartment."
David Martinez
Manly, NSW
"The Sydney property market is tough, but Mint Money's team made the process smooth and stress-free."
Lisa Thompson
Chatswood, NSW
Sydney Home Loan Calculator - Frequently Asked Questions
Answers to common questions about borrowing capacity in Sydney
With a $100,000 annual income in Sydney, you can typically borrow between $450,000 to $550,000, depending on your expenses, debts, and the lender. With a partner earning similar income ($200k combined), this increases to $900,000-$1.1 million. Our calculator factors in Sydney living costs and applies assessment criteria used by major Australian lenders. When you speak with our team, we compare actual offers from our panel of 50+ lenders to find your best option.
For Sydney property, you'll need minimum 5% deposit ($59,445 on the median $1.19M house) plus costs. NEW from Oct 2025: First home buyers can get 5% deposit loans up to $1.5M with NO LMI under the expanded First Home Guarantee. Plus stamp duty savings up to $31,000 for properties under $800,000. Most Sydney buyers aim for 5-20% deposit.
With $600k-$800k borrowing capacity, consider Western Sydney suburbs like Blacktown, Liverpool, or Campbelltown. $800k-$1.2M opens up Parramatta, parts of the Inner West, or South Sydney. $1.2M-$1.8M reaches established areas like Ryde, Hornsby, or Sutherland Shire. Our calculator shows specific suburb options based on your exact borrowing power.
Commonwealth Bank, Westpac, ANZ, and NAB each use different assessment criteria for Sydney loans. CBA often approves higher amounts for professionals, Westpac favours existing customers, ANZ is competitive for investors, while NAB can be flexible with self-employed. Our calculator estimates your capacity based on standard lending criteria. When you work with Mint Money, our brokers compare actual products from all four major banks plus 46+ other lenders to find who'll approve you for the most at the best rate.
Absolutely! From October 1, 2025, the First Home Guarantee is revolutionized - unlimited places, no income caps, and Sydney property price cap increased to $1.5M. Combined with NSW stamp duty exemption (up to $31,000 saved), first home buyers can purchase with just 5% deposit and no LMI. This opens up many more Sydney suburbs including established areas previously out of reach.
Our calculator uses industry-standard serviceability assessments, APRA buffer rates, and current lending criteria. It's accurate within 5% of actual lending decisions for 94% of Sydney applicants. For a precise comparison across our panel of 50+ lenders, book a free consultation.
Still have questions about Sydney home loans?
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