Before even thinking about borrowing any money, you need to make sure you’re going to be able to pay it back. This is where your budgeting skills come into play.

Take a closer look at your incomings and outgoings, and figure out how much per week or month you’ll be able to commit to in the form of repayments. Give yourself a range, with a high and low figure to work from.

If you’ve never set up a budget before, or it’s been a while since you last wheeled out the spreadsheet, why not check out the Greater Bank guide to budgeting. We break it down into easy to follow steps so you can get the info you need sooner!

The great thing is, you don’t need to move heaven and earth to actually generate an estimate for your Borrowing Power from your bank. Online calculators have put the branch in your back pocket, meaning that once you’ve got all the info you need, you can find out your Borrowing Power at the touch of a button.

The Greater Bank Borrowing Power Calculator is a great way to discover how much you may be eligible to draw on, and is flexible enough to provide the same great experience regardless of your choice of device. Whether on desktop PC, tablet or mobile, our calculator is easy to use, and even lets you get the loan process started by making an enquiry if you like what you see.

Once you’ve generated your Borrowing Power estimate using an online calculator, you’re almost there. If you’re seriously considering your next property, and want a 100% accurate picture of your genuine Borrowing Power, it’s always best to speak to an expert.

If you’ve found the right house for you, having a conversation with an experienced lender will allow your bank to consider all your details, and let you know for sure if you’re eligible for a loan that matches up to your property price-range. They can even provide you with pre-approval, so that when it comes to making an offer, you can do so with confidence.