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Self-Employed Borrowing Power
How much can I borrow on a low doc home loan?
Plug in your numbers. Get an instant borrowing capacity range based on actual low-doc lender serviceability rules. No personal info until the end.
How the calculation works
We use the same serviceability model major Australian lenders apply: a household expense estimate (HEM-based), interest-rate buffered repayments (your rate plus 3%), existing debt service factored at 1.5x, and a residual income test. The output is a realistic range, not a wishful number.
For low-doc applications, we use the rate range typical for your evidence path: BAS or accountant-letter borrowers get tighter rate ranges than bank-statement-only paths. Full-doc borrowers get the sharpest rates available.
FAQs
Is this number accurate enough to bid at auction?
It’s a good guide but not formal pre-approval. For auction-grade certainty, we’ll need to verify your income evidence, run a credit check (with your consent), and submit to a specific lender. That process takes 3-7 business days.
Why is my low-doc capacity lower than my full-doc capacity would be?
Low-doc rates are 0.30–1.00% higher, which raises buffered repayment calculations and tightens serviceability. The trade-off: you can buy now, instead of waiting 18 months for tax returns to catch up to current income.
Does the calculator assume LMI or guarantor support?
No — by default it assumes 80% LVR (no LMI, no guarantor). At 85% LVR with LMI, your maximum borrowing rises ~6%. With a family guarantor, you can effectively go to 100% LVR.
Companion tool
Not sure if you even qualify? Try the Eligibility Quiz
60 seconds, 6 questions. Tells you which lender tier fits your profile — before you crunch numbers.
Take the Eligibility Quiz →