This table may be used as a "guide" and for illustration purposes only.
Each lender has their own criteria.
This calculator is to be used as a guide only. For further information please email Connected Home Loans for more detailed information.
INCOME |
NO DEPENDANTS |
1 CHILD |
2 CHILDREN |
3 CHILDREN |
4 CHILDREN |
$20,000 |
$55,000 |
$35,000 |
- |
- |
- |
$25,000 |
$85,000 |
$65,000 |
$35,000 |
- |
- |
$30,000 |
$115,000 |
$95,000 |
$65,000 |
$40,000 |
- |
$35,000 |
$145,000 |
$120,000 |
$95,000 |
$70,000 |
$40,000 |
$40,000 |
$175,000 |
$150,000 |
$125,000 |
$95,000 |
$70,000 |
$45,000 |
$205,000 |
$180,000 |
$155,000 |
$125,000 |
$100,000 |
$50,000 |
$235,000 |
$210,000 |
$185,000 |
$155,000 |
$130,000 |
$55,000 |
$260,000 |
$235,000 |
$210,000 |
$180,000 |
$155,000 |
$60,000 |
$285,000 |
$260,000 |
$230,000 |
$205,000 |
$180,000 |
$65,000 |
$305,000 |
$280,000 |
$255,000 |
$225,000 |
$200,000 |
$70,000 |
$325,000 |
$305,000 |
$275,000 |
$250,000 |
$220,000 |
$75,000 |
$350,000 |
$325,000 |
$300,000 |
$270,000 |
$245,000 |
$80,000 |
$370,000 |
$365,000 |
$340,000 |
$310,000 |
$280,000 |
$100,000 |
$390,000 |
$365,000 |
$340,000 |
$310,000 |
$280,000 |
Loan Repayment Rates (monthly)
AMOUNT |
6.5% |
7.0% |
7.5% |
8.0% |
8.5% |
9.0% |
$100,000 |
$629 |
$661 |
$695 |
$729 |
$764 |
$799 |
$125,000 |
$786 |
$827 |
$869 |
$911 |
$954 |
$998 |
$150,000 |
$943 |
$992 |
$1042 |
$1093 |
$1145 |
$1198 |
$175,000 |
$1100 |
$1158 |
$1216 |
$1276 |
$1336 |
$1398 |
$200,000 |
$1257 |
$1323 |
$1390 |
$1458 |
$1527 |
$1597 |
$300,000 |
$1885 |
$1984 |
$2085 |
$2187 |
$2291 |
$2396 |
$500,000 |
$3143 |
$3307 |
$3474 |
$3645 |
$3818 |
$3993 |
|
Refinance
