If you applied for a loan with an interest rate of 2.09%, lenders would have to assess whether you could repay the loan if the rate increased to at least 5.09%.

APRA expects this change will reduce the average person’s borrowing capacity by about 5%.

However, each person’s situation is unique. Some borrowers may not experience any reduction in their borrowing capacity. Others might experience a larger impact.

In this new home loan environment, it's never been more important to get help from an expert broker who's fully across the new rules. As your broker, I can:

  • Maximise your borrowing capacity so you can buy your dream home

  • Show you how your borrowing capacity can change from lender to lender

  • Compare dozens of lenders and hundreds of loans for you