Your Purchase Details

What is the value of the property?

How much are you planning to borrow?

Guarantor's Property Details

What is the value of your guarantor's property?

What is the loan amount your guarantor owes?

Your Loan

Property Value —

Loan Amount —

Your Deposit —

LVR —

Guarantee Required

80% of Property Value —

Shortfall (Loan − 80% of Value) —

Required Guarantee
—

Guarantor Capacity

Guarantor Property Value —

Guarantor Existing Loan —

Guarantor's Equity Available —

Maximum Guarantee Capacity (up to 80% LVR)
—

Result

Limited Guarantee Size —

LVR on Purchase Price —

LVR on Guarantor's Property —

Total Debt on Guarantor's Property —

Guarantor Can Support This Loan
—

Disclaimer: This calculator is a guide only based on the information provided. Lender policies vary — always seek advice from a licensed mortgage broker or financial adviser before proceeding.

Planning to buy a home but lack the deposit required? A guarantor home loan could help you enter the property market sooner.

Our guarantor loan calculator is a simple and powerful tool designed to estimate your required deposit, calculate the limited guarantee amount, and provide insight into whether your guarantor can support your loan application.

Who can be a guarantor on a home loan?

A guarantor home loan allows a family member to use the equity in their own property as security for a part of your loan. This can help you purchase your dream home with a smaller deposit while avoiding the Lenders Mortgage Insurance (LMI) and increasing your borrowing capacity.

Please note that a guarantor does not provide cash; instead, they offer a limited guarantee secured against the property.

Before you use the calculator, it’s important to understand who is eligible to act as a guarantor. Typically, a guarantor must be a close family member, most commonly parents; in some cases, siblings may also be accepted. They should have sufficient equity in their property and be financially stable and able to meet lender requirements.

How Does the Guarantor Loan Calculator Work?

First off, enter the following details:

Property purchase price
Loan amount you intend to borrow
Guarantor’s property value
Gurantor’s existing loan balance

Then you will be provided with your deposit amount, the loan-to-value ratio on your purchase, the required guarantee amount calculated as the shortfall between your loan and 80% of the property value, and lastly, the guarantors’ available equity.

You’ll further see a detailed view of your guarantor’s financial position, including property value, existing loan balance, usable equity and maximum guarantee capacity, which is typically up to 80% LVR.

The calculator brings everything together to provide a clear summary, including the limited guarantee size required, the LVR on your property purchase and the guarantor’s property and finally the total debt against the guarantor’s property.

Most importantly, the calculator highlights whether your guarantor is likely to support your loan application or not, giving you clarity before approaching a lender.

What Our Clients Say

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      Trustindex verifies that the original source of the review is Google. Nice Loans made both our refinance and new investment home loan simple and stress-free. Both Saru and Suman worked seamlessly as a team—professional, approachable, and always clear in their communication. They guided us with care, answered every question, and handled the process efficiently. We felt confident throughout and would gladly recommend Nice Loans to family and friends.
  
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   R Singh 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. Big thanks to Suman and Saru for helping us with our home loan. They’ve been easy to deal with, responsive and always happy to answer our questions. Thank you! Really appreciate the ongoing support.
  
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   S Karmacharya 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. We had a great experience with Suman while sorting out our home and land package. He was professional, helpful, and guided us clearly through every step of the process. His knowledge, quick communication, and genuine support made everything smooth and stress-free. We highly recommend Suman to anyone looking for help with a home and land package.
  
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   P Acharya 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. We are extremely happy with the team at Nice Loan for helping us with our SMSF loan, especially Aakriti. She was very polite, professional, and always reachable whenever we needed assistance. Thank you so much for all your help and support throughout the process.
  
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   R Gupta 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. I had a smooth and great experience with Nice Loans while completing both a refinance and a new loan. Saru and Suman were professional, supportive, and knowledgeable throughout the entire process. Their communication was clear, timely, and transparent, which made everything easy to understand. They guided us through each step, answered all our questions, and ensured we felt confident in our decisions. The process was handled efficiently with great attention to detail. Overall, it was a stress-free experience. I would highly recommend Nice Loans to family and friends.
  
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   G PUDASAINI 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. ⭐️⭐️⭐️⭐️⭐️
Had an amazing experience with Nice Loans. Big thanks to Suman Nepal and Akriti Maharjan for making my loan process smooth and stress-free. They were professional, supportive, and always clear with communication. Highly recommend their service!
  
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   R Khadka 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. Thank you nice teams especially suman dai and aakriti ji for assisting from the start till the end and guiding throughout the whole process. Highly appreciated and recommends to others. Thank you again.
  
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   L lance 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. The service provided by the Nice Loans team, especially Suman and Akriti, was exceptional. They were consistently available, highly professional, and patient in guiding me through my application. Despite last-minute challenges from the bank, they secured all approvals on time for the settlement of my first home in Australia. I highly recommend this customer-focused team for any home loan needs. Thank you, Suman and Akriti, for your outstanding support.
  
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   P Kumar, 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. It was an excellent professional service received from Nice Loans team- Suman was great in securing my home loan, refinancing and dealing with banks making the whole process so smooth and informed. Akriti kept communicating informations timely and providing quick replies to my loan/banking
enquiries. In the past I had my house rented through Nice team and that went very well (thanks to Milan and Suman) that is why I am again with them for new home loan and refinancing. I would recommend Nice Loans for anyone reading this review.
  
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   A Koirala 
 
 
 
 
     Trustindex verifies that the original source of the review is Google. ⭐⭐⭐⭐⭐
We had an excellent experience with Suman Dai and Akriti from Nice Loans. From the very beginning, they made the entire process smooth, simple, and completely stress-free. They were professional, approachable, and always ready to answer any questions, which made everything much easier and less overwhelming. I truly appreciated their guidance and support throughout the process. If you’re looking for a team that is reliable, efficient, and genuinely cares about their clients, I highly recommend Suman Dai and Akriti at Nice Loans.
Highly recommend 👌 👍 👏 🙌
  
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   A Arki

Disclaimer: Results are estimates only based on the information you enter. They do not constitute financial advice, credit assistance, or a loan offer. Actual fees and eligibility may vary depending on your circumstances and lender assessment. Seek independent advice from a licensed mortgage broker before making financial decisions.

Who can be a guarantor on a home loan?

How Does the Guarantor Loan Calculator Work?

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