Mortgage Stress Check
Your mortgage payments are
of your pre-tax income
Pre-tax monthly income:
$0
Monthly repayments:
$0
Pre-tax monthly balance:
$0
The mortgage stress bar shows visually how close you could be to experiencing mortgage stress.
Calculator Assumptions and Disclaimers ↓
Mortgage Stress Checker
Worried your home loan repayments may be stretching your budget? Our mortgage stress checker can help you estimate how much of your household income is going towards your mortgage and whether you may be at risk of mortgage stress.
Use the calculator to see your estimated repayment-to-income percentage and get a visual indication of how close you could be to experiencing mortgage stress.
What is mortgage stress?
Mortgage stress generally refers to a situation where a household is spending a high portion of its income on home loan repayments. A common guide is that mortgage stress may occur when mortgage repayments reach around 35% or more of household income.
This is only a general benchmark. Every household is different. Some borrowers may be comfortable with a higher repayment percentage, while others may feel pressure at a lower level depending on living expenses, dependants, savings, other debts and lifestyle costs.
How the mortgage stress checker works
The mortgage stress checker estimates your risk by comparing your household income with your monthly home loan repayment.
The calculator works by:
Taking your household annual income
Dividing it by 12 to estimate monthly income
Comparing your entered monthly mortgage repayment to that monthly income
Displaying the result as a percentage
Showing where your result sits on the mortgage stress bar
Results of 35% or higher are generally treated as a possible mortgage stress indicator.
Why mortgage stress matters
Mortgage stress can make it harder to manage everyday expenses, save money or deal with unexpected costs. If your repayments are taking up a large portion of your income, it may be worth reviewing your loan and broader financial position.
A mortgage stress check can help you consider:
Whether your current repayments still feel manageable
How much of your income is going towards your home loan
Whether rising rates could place extra pressure on your budget
Whether refinancing may be worth exploring
Whether your loan structure still suits your circumstances
Whether you should speak with a broker before making changes
Mortgage stress guidance in Sydney, Brisbane and across Australia
The Loans Suite Australia helps clients in Sydney, Brisbane and across Australia review their home loan position and understand their options.
Whether you are worried about repayments, coming off a fixed rate, reviewing your current lender or trying to understand whether your mortgage is still suitable, we can help you look at the bigger picture.
Our team can compare home loan options from a wide panel of lenders and explain how different rates, loan terms, repayment types and features may affect your monthly repayments.
Speak with The Loans Suite Australia if your repayments feel tight
A mortgage stress checker is a useful starting point, but it does not consider your full financial situation. Your income, expenses, debts, dependants, savings, future plans and lender options all matter.
The Loans Suite Australia can help you review your current loan, compare refinance options and understand whether a different structure may better suit your needs.
Use the mortgage stress checker to estimate where you stand, then speak with The Loans Suite Australia for personalised lending guidance.
Frequently asked questions
What percentage is considered mortgage stress?
A common guide is that mortgage stress may occur when mortgage repayments are around 35% or more of household income. This is a general benchmark only and may not reflect your personal situation.
Does the calculator use gross or net income?
This calculator uses pre-tax household income. It does not calculate your after-tax income or include your living expenses.
Does the calculator include other expenses?
No. The calculator compares your monthly mortgage repayment to your estimated monthly household income. It does not include groceries, utilities, school fees, insurance, credit cards, personal loans or other expenses.
Can mortgage stress happen below 35%?
Yes. Some households may feel mortgage stress below 35% depending on their income, expenses, dependants, debts and savings position.
What should I do if I may be in mortgage stress?
If your repayments feel difficult to manage, it may be worth reviewing your loan, budget and refinance options. The Loans Suite Australia can help you understand what options may be available.
Can refinancing help reduce mortgage stress?
Refinancing may help if you can access a more competitive rate, different repayment structure or loan features that better suit your needs. It is important to consider fees, costs and whether refinancing is suitable for your circumstances.
