borrowing-power

Borrowing Rate vs Power

Learn the difference between borrowing rate and borrowing power, and which one you need for your situation.

Updated Jan 2026

Borrowing Rate Calculator vs Borrowing Power: What’s the Difference?

Many people search “borrowing rate calculator” when what they actually need is a borrowing power calculator.

  • Borrowing rate = the interest rate scenario you want to test
  • Borrowing power = your estimated maximum loan size under assessment rules

Use both:


When a rate-focused tool is the right choice

Use a rate scenario tool if you want to:

  • compare repayments at different rates
  • test fixed vs variable
  • see the interest cost difference over time

When you need borrowing power

Use borrowing power if you’re asking:

  • “how much can I borrow?”
  • “how does HECS affect borrowing power?”
  • “do credit card limits reduce borrowing capacity?”

Start here:


FAQ

Is borrowing rate the same as borrowing capacity?

No. Rate calculators test repayments. Borrowing capacity estimates maximum loan size based on income, expenses and debts.