Last Updated: 9th September, 2022

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 can help you determine whether or not you could be eligible for the First Home Loan Deposit Scheme. However, it only acts as general guidance as to the various eligibility criteria but does not constitute a determination of eligibility.

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: