Borrowing & New Build Planner
Plan your next new build using equity, the NT BuildBonus, and tax benefits
Max Borrowing (DSR)
$641,639
Max Borrowing (DTI 6x)
$764,014
Usable Equity (80%)
$308,684
Offset Cash
$236,004
Total Available
$544,689
Your Financials
Adjust these to see how they affect borrowing capacity
$
$
$
$
$
$
Total Assessed Income$344,795
(Rent shaded at 80%)$99,840
Assessment Rate9.04% (best rate + 3%)
DTI Ratio2.9x (limit ~6x)
Net Annual Surplus$226,292
New Build Scenario
Land + build package — stamp duty on land only
$
$
%
%
years
$
Use equity for deposit
Claim NT BuildBonus $30K
New Build Breakdown
Costs
Land$250,000
Build$350,000
Total Property Cost$600,000
Stamp Duty (land only)$12,375
NT BuildBonus Grant-$30,000
Deposit ({depositPercent}%)$120,000
Loan Amount$480,000
LVR80.0%
Funding
Cash Required$102,375
Available Equity$308,684
Offset Cash$236,004
Total Available$544,689
Fully funded — $442,314 surplus
Within borrowing capacity
Cash Flow & Tax
Monthly Repayment$3,033.93
Annual Repayment$36,407
Annual Rent$31,200
Gross Yield5.20%
Cash Flow (before tax)-$5,207/yr
Depreciation Saving$7,123/yr
Neg. Gearing Saving$2,405/yr
Total Tax Benefits$9,528/yr
After-Tax Cash Flow$4,320/yr
Weekly Out-of-Pocket+$83/wk
Equity Breakdown — How Equity Release Works
Banks will lend up to 80% of your property's value. The gap between 80% and your current loan is equity you can access as a deposit for a new property — without selling.
| Property | Value | Loan | Total Equity | 80% of Value | Usable Equity |
|---|---|---|---|---|---|
60 Bagshaw Crescent Stuart French | $607,000 | $328,079 | $278,921 | $485,600 | $157,521 |
72 Bagshaw Crescent Sasitron Ransuk | $661,000 | $377,637 | $283,363 | $528,800 | $151,163 |
| Total | $1,268,000 | $705,716 | $562,284 | $1,014,400 | $308,684 |
Your strategy: Release $308,684 in usable equity + $236,004 offset cash = $544,689 available for your next property deposit without selling anything.
These are rough estimates only. Actual borrowing capacity depends on lender policy, credit history, and full financial assessment. Consult a mortgage broker for accurate figures.