Costs To Own A Home Calculator
How much does it cost to buy a home?
Our calculator can work out the stamp duty, registration fees and discounts for first home buyers. You can also use our first home buyers calculator to discover if you are eligible for any grants.
What other costs are there?
The costs to own a home calculator will work out government expenses but there are a few other costs that aren’t included.
- Legal fees: Up to $1,500
- Bank fees: $0 to $600
- LMI: Use our LMI calculator
- Grants: Use our first home buyers calculator
- Other costs: Removalists and minor repairs
Speak to our mortgage brokers by calling 1300 889 743 or fill in our free assessment form to find out if you can qualify to buy a home now.
Can I reduce the cost of LMI?
There isn’t much that you can do about stamp duty but the cost of LMI can be avoided in some situations.
You can apply for a family pledge loan if your parents can assist you with a guarantee over property that they own.
You can also consider a home loan with no LMI if you meet the eligibility criteria.
Does the cost vary in different states?
The calculator works for NSW, QLD, VIC, WA, SA, ACT, TAS and NT. Government fees such as stamp duty vary between different states while other costs won’t change much at all.