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On a $100,000 gross salary with minimal debts and average expenses, your estimated borrowing power is approximately $500,000–$600,000. The exact amount depends on:Living expenses (HEM benchmark or declared, whichever is higher)Existing debts (credit cards, car loans, HECS/HELP)Nu
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Yes. Two people earning $50,000 each ($100k combined) can typically borrow $600,000–$750,000 because expenses don't double (HEM for a couple is less than twice a single person's HEM).
Yes. HECS/HELP reduces your net income because repayments are deducted from your salary above the threshold. On $100,000, HECS repayments are approximately $5,500/year, reducing your borrowing by $30,000–$40,000.
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