Retirement Age Borrowing Power Calculator

Enter your details below and discover whether your exit strategy for a home loan will be acceptable to the bank.

Disclaimer: This calculator has several assumptions and simplifications and so should be used as a guide only. Please seek independent financial advice and your own circumstances before making any decisions about your home loan repayments. Making interest only repayments can significantly increase the cost of your mortgage over the term and expose you to higher repayments at the end of the interest only term


Does your exit strategy stack up?

If you’re close to retirement age, lenders typically require you to provide an exit strategy for how you plan to pay off your home loan.

The bank may knock back your home loan exit strategy if your plan is deemed high risk or unrealistic, or doesn’t otherwise meet te lender’s policy.

The solution: