How to calculate what home you can afford using 22seven

22seven’s calculators give you the tools you need to make your money work smarter. Here’s how to automatically calculate what home you can afford using your income and expense data that's already on your 22seven profile:

ANDROID:

  1. Log into 22seven
  2. Tap the menu icon at the top left of the screen and visit the Calculators tab
  3. Tap Calculate what home I can afford from the list of calculators

If you’ve linked your bank account:

  1. 22seven will automatically estimate what home loan you could qualify for
  2. To change the amounts, tap How did we work this out?
  3. Change the income, expenses, interest rate, loan term and deposit amounts to calculate what home you can afford
  4. To request a pre-qualification certificate and/or get the ball rolling on a formal home loan application, tap LET’S GET STARTED at the bottom of the screen. 22seven has partnered with MultiNet, who will automatically apply to all of the banks on your behalf to get you the best home loan rate. This service is completely free!

If you haven’t linked your bank account yet:

  1. Tap Calculate your affordability
  2. Add your income, expenses, interest rate, loan term and deposit amount to calculate what home you can afford
  3. To request a pre-qualification certificate and/or get the ball rolling on a formal home loan application, tap LET’S GET STARTED at the bottom of the screen. 22seven has partnered with MultiNet, who will automatically apply to all of the banks on your behalf to get you the best home loan rate. This service is completely free!
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