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Not exactly. It's what banks THINK you can pay back. That might not be the same as what YOU think you can pay back. That's different. Why is the house CGT exempt? Have you lived in it before and are now using the 6 year rule? If so, what are you planning to do after the 6 years is up? But...

The absolute max CG would be 22.5% + medicare levy on the GAINS, not the whole amount. And that assumes you're already on taxable income of 180k. It's impossible for tax to be 25% of the proceeds / market value unless you're not getting the discount. Even 20% would assume almost all of it is...