Knowledge Bank Expands Beyond Criteria with Launch of Game-Changing Affordability Calculator - AffCalc

Knowledge Bank is set to launch a transformative new tool for brokers with the release of its
Residential Affordability Calculator, the first major product from the business that moves beyond
criteria into affordability assessment.

The new feature, which will be available as an add on for subscribed users, is aptly named – AffCalc.
AffCalc is launching on a limited distribution basis today, with full launch to follow in October.

Developed throughout 2025 and shaped by continuous broker feedback, AffCalc directly addresses a
longstanding industry challenge. Brokers process and workflow is centred around using different
tools, often from different providers to find suitable lenders. Brokers have called for a smarter, more
transparent way to assess affordability and Knowledge Bank has delivered.

Launching with residential affordability, AffCalc empowers brokers to edit client data as they go and
see lenders fall away in real time, offering unmatched visibility and control at the point of advice.
Rather than relying on static outputs, brokers can now adjust inputs and watch the impact instantly,
making complex affordability checks faster, clearer, and more accurate.

Following a successful BETA programme, feedback from early users has been overwhelmingly
positive, with brokers highlighting the simplicity, speed, and confidence the tool brings to their
advice process.

This launch marks a significant milestone in Knowledge Bank’s strategic growth, a move that extends
the business’s reach beyond criteria.

CEO and Founder Nicola Firth said:

“We are incredibly proud to bring to market another industry first from Knowledge Bank, in the
launch of our affordability calculator. Aff Calc delivers highly personalised and accurate results in
seconds. It moves away from the “numbers-in-numbers-out” models and for the very first time
provides brokers with an intelligent calculator which will only return results where the lender will
lend taking into consideration criteria that affects affordability as well as the figures. This stops
brokers from spending time on cases where the affordability fits but where it later falls down on
criteria. Lenders can also have confidence in the cases they receive from brokers using Aff calc as it’s
using criteria data input directly by them to drive reliable an accurate result.”

The tool will be made available to a limited group of brokers, with full release scheduled for October.