Buying costs and loan repayment calculator
Add up the cash you need to buy a home: your deposit plus the costs on top of the price. If you type an interest rate, it also shows what the loan could cost each month.
The calculators work in your browser. Nothing you type is sent to RealSearch, saved, or added to the web address.
Your result
Enter your numbers to see the result.
How this is worked out
- Loan amount = purchase price minus deposit.
- Cash you need up front = deposit + stamp duty + legal fees + inspections + loan fees + moving + other costs. You type each cost in. Nothing is looked up or guessed.
- Deposit as a share of the price = deposit ÷ purchase price × 100.
- Monthly repayment (principal and interest) = loan × r ÷ (1 − (1 + r)^−n), where r is the yearly interest rate ÷ 1200 and n is the number of months. If the rate is 0, it is the loan ÷ n. Interest only = loan × yearly rate ÷ 1200.
- Repayment per week = repayment per month × 12 ÷ 52. Repayment per year = repayment per month × 12.
What this leaves out
- Stamp duty (transfer duty). It depends on your state, the price and who you are, and the rules change. Type in the amount from your state revenue office's own calculator or your conveyancer.
- Government grants, concessions and schemes, which change often. The First home buyers page lists the official sources.
- Lenders mortgage insurance, if your deposit is small. Ask your lender, and add it under 'Other costs'.
- Rates, insurance, strata levies and repairs after you move in.
- Changes in interest rates. The repayment uses one rate for the whole loan.
- Tax. This is not financial, legal or tax advice.
Next
- First home buyers: steps, costs and official sources
- Selling costs and proceeds calculator
- Browse properties for sale by state
- Research the value of an address
Check stamp duty with your state
Stamp duty depends on your state, the price and who you are. Start from your state's revenue office, then type the amount into the box above.
- New South Wales Revenue NSW: grants and schemes (official site, opens in a new tab)
- Victoria State Revenue Office Victoria: First Home Owner Grant (official site, opens in a new tab)
- Queensland Queensland Revenue Office: home grants and concessions (official site, opens in a new tab)
- Western Australia WA Government: first home owner grant (official site, opens in a new tab)
- South Australia RevenueSA: first home buyer (official site, opens in a new tab)
- Tasmania State Revenue Office Tasmania: first home buyers (official site, opens in a new tab)
- Australian Capital Territory ACT Revenue Office: home buyer assistance (official site, opens in a new tab)
- Northern Territory NT Government: home owner assistance (official site, opens in a new tab)
This is general information, not financial, legal or tax advice. Rules, fees and rates differ by state and territory and change often. Check the official source for your state, and speak to a licensed professional before you decide.
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Disclaimer
Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.