Savings and How They’re Split Between a Deposit and Stamp Duty
Understand how your home deposit is used in Australia, including costs like stamp duty and tips to make the most of your savings.
All-In-OneHome Loan Calculator
The maximum house price you can afford
Monthly repayments and income breakdown
Stamp duty and lenders mortgage insurance
Interest rate and deposit scenarios
1. Your Details
2. Loan Summary
Values are indicative and may change when you apply.
Max House Price
$100,000
Complete the form to find out
Limiting Factor
AFFORDABILITY
You can either be constrained by your deposit or affordability.
Repayments of$1,000 per month
Scenarios
Choose a scenario to see how it affects your borrowing capacity.
20% deposit
5.74% interest
No LMI
10% deposit
5.99% interest
LMI required
5% deposit
6.14% interest
LMI required
Enter an interest rate and deposit percentage
3. Details
Monthly Income Breakdown
Monthly Income Before Tax:$0
Tax:$0
Living Expenses:$0
Loan Repayment:$0
Money Left:$0
Savings Breakdown
Total Savings:$0
Deposit:$0
Stamp Duty:$0
Money Left:$0
House Price Breakdown
Loan Amount for Purchase:$0
Deposit:$0
House Price:$0
Loan Breakdown
Loan Amount for Purchase:$0
Loan Mortgage Insurance (LMI):$0
Total Loan Amount:$0
Learn More
The Story Behind thecalculator.com.au
The personal journey of creating thecalculator.com.au, a comprehensive home loan calculator designed to address the shortcomings of existing calculators by providing a detailed assessment of borrowing capacity, including factors like deposits, LMI, and stamp duty. It aims to empower users with clear financial insights for informed homeownership decisions.
What Home Can You Afford?
Learn what affects the price of a home you can afford by understanding your monthly budget and deposit savings.