Can you borrow more money with a bigger deposit?

In short, no. However, your maximum purchase price may increase if you have a higher deposit.

When assessing your borrowing power, we look at your ability to comfortably meet repayment requirements. Your income, expenses, other financial commitments and also your living situation (e.g. de facto, single, dependents), all impact on how much you can borrow.

Using our borrowing calculator will give you an idea of what your borrowing power.
Learn more about what goes into calculating your borrowing power.