At Fundli, we help you understand your borrowing capacity based on your income, expenses, and financial situation. Whether you’re buying your first home, upgrading, or investing, knowing your budget is the first step.
Your borrowing capacity is determined by a range of factors, including:
Every lender assesses these differently, which is why working with a mortgage broker can make a big difference.
One of the biggest misconceptions is that all banks will lend you the same amount — they don’t.
Each lender uses different serviceability calculators, policies, and risk assessments. This means you could potentially borrow more (or less) depending on which lender you choose.
At Fundli, we compare multiple lenders to find the option that best suits your situation and maximises your borrowing potential.
It’s common for Sunshine Coast buyers to be surprised by their borrowing capacity.
Some common reasons include:
• High credit card limits (even if not used)
• Buy now, pay later accounts
• Existing loans or finance
• Higher living expense assumptions from lenders
• Interest rate buffers applied to your loan
We help identify these factors early and show you how to improve your position before applying.
If your borrowing capacity isn’t where you want it to be, there are ways to improve it:
• Reduce or close unused credit cards
• Pay down debts
• Consolidate loans to lower repayments
• Demonstrate consistent savings
• Avoid new credit applications before applying
• Structure your application correctly
Even small changes can make a noticeable difference to how much you can borrow.
Online calculators can give you a rough guide, but they often miss important details.
Working with a mortgage broker means you get:
• A personalised borrowing assessment
• Access to multiple lenders
• Guidance on improving your borrowing capacity
• A loan structured to suit your goals
• Ongoing support through the process
At Fundli, we make the process clear, simple, and tailored to you.
During our first meeting, we discuss your financial objectives within the framework of your family or business. Subsequently, we conduct a comprehensive analysis of your current financial status, encompassing income, assets, and liabilities, to better assess your borrowing capacity.
We explore the most competitive and appropriate lenders tailored to your unique situation, presenting you with a personalised solution. We discuss the rationale behind our strategy and outline the subsequent steps to implement the plan.
Upon choosing a lender, we gather your necessary documents and manage the entire application process, from initial submission to final settlement. Our goal is to simplify this process as much as possible, alleviating any burden from your shoulders.
As your circumstances evolve, your loan might need to adapt too. As part of our continued support, we regularly monitor your loan and conduct an annual review. If we identify an opportunity to secure a better rate for you, rest assured, we’ll reach out.
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If you’re serious about buying, refinancing, or investing, the best next step is to get a clear understanding of your borrowing power.
We’ll walk you through your options and give you a realistic estimate based on your situation.
