How to Use the Bank of Melbourne Borrowing Power Calculator: Step-by-Step Guide

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Find out how to access and use the Bank of Melbourne Borrowing Power Calculator to estimate your home loan capacity. This step-by-step video walks you through locating the tool, entering your financial information, and understanding your estimated loan amount.

By using this calculator, you can plan your home loan budget more effectively, explore different borrowing scenarios, and make more informed decisions before applying for a mortgage. The calculator considers your income, expenses, debts, and dependents to give you a clear estimate of what you might be able to borrow.

Bank of Melbourne also provides other handy calculators, including repayment, stamp duty, refinance, offset, and rate change calculators — perfect for anyone preparing to buy a property or refinance their home loan.

00:13 — How to access the calculator
00:23 — Enter your financial details
00:35 — Calculate borrowing power
00:44 — Explore other calculators
00:57 — Get accurate results

Read more - https://bankchart.com.au/news/where_do_i_get_the_borrowing_power_calculator_from_bank_of_melbourne

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