Run the numbers first.
Repayments, extra repayments, stamp duty, the full cost of buying or selling, and what a home purchase really needs up front. The results are estimates based on the figures you enter. Lender rates, fees and government charges change; a quick scenario gives you figures for your actual situation.
Loan repayment calculator
Home, vehicle, equipment or personal. Principal and interest, fixed rate for the full term.
| Year | Repayments | Interest | Principal | Balance at year end |
|---|---|---|---|---|
| 1 | $32,689 | $27,255 | $5,434 | $444,566 |
| 2 | $32,689 | $26,915 | $5,774 | $438,792 |
| 3 | $32,689 | $26,553 | $6,136 | $432,656 |
| 4 | $32,689 | $26,169 | $6,520 | $426,136 |
| 5 | $32,689 | $25,760 | $6,928 | $419,208 |
| ⋯ | ||||
| 30 | $32,689 | $1,053 | $31,636 | $0 |
Showing the first five years and the final year.
Extra repayments calculator
What paying a little more each month does to the term and the interest. Principal and interest, fixed rate for comparison.
| Minimum monthly repayment | $2,724 |
| With the extra, each month | $2,924 |
| Total interest without extras | $530,665 |
| Total interest with extras | $427,287 |
Assumes the extra amount is paid every month from the first repayment and the rate stays the same. Check whether your loan allows extra repayments without a fee; most variable loans do, many fixed loans cap them.
Stamp duty calculator
Transfer duty on a residential purchase. New South Wales shown; other states follow the same pattern with their own tables.
Home loan calculator
Deposit, loan size, loan-to-value ratio, duty and the repayment, together on one screen. The first home buyer box applies the NSW scheme for a new or existing home; eligibility conditions apply.
| Loan amount | $680,000 |
| Loan-to-value ratio | 80.0% |
| Lenders mortgage insurance | Not usually required at 80% LVR or below |
| Estimated transfer duty (NSW) | $32,437 |
| Total interest over the term | $801,894 |
Property buying costs calculator
Everything on top of the price: transfer duty, government fees, conveyancing, inspections and lender costs, and the cash you need on the day.
| Transfer duty (NSW) | $32,437 |
| Fees and professional costs | $3,852 |
| Loan amount | $680,000 |
| Loan-to-value ratio | 80.0% |
| Lenders mortgage insurance, indicative | Not usually required |
Cash to complete is deposit plus duty plus fees. The first home buyer box applies the NSW scheme's exemption and concession for a new or existing home; eligibility conditions apply and Revenue NSW makes the assessment. Lenders mortgage insurance is usually added to the loan rather than paid up front, and varies by lender and insurer; the figure here is a rough guide only. Registration fees are the NSW mortgage and transfer registration charges, which change each July.
Property selling costs calculator
Agent commission, marketing, legal and loan payout, and what actually lands in your account.
| Agent commission | $18,000 |
| Marketing, legal, discharge and other | $6,350 |
| Proceeds before the loan payout | $875,650 |
| Loan payout | $420,000 |
Commission rates and marketing packages vary by agent and area; use the figures from the agency agreement once you have them. Capital gains tax may apply to an investment property and is not included.
These are estimates. Your own figures take five minutes.
A quick scenario gives us enough to come back with actual lenders, rates and costs for your situation. Nothing goes to a lender until you say so.