Buying Costs Calculator
Buying Costs Calculator
Estimate common upfront costs when buying a property, including deposit, stamp duty allowance, conveyancing, lender fees, inspections and settlement buffer.
Use this buying costs calculator to estimate some of the common upfront costs involved when buying a property.
This can help you think beyond the deposit and allow for costs such as stamp duty, conveyancing, lender fees, building and pest inspections, insurance and a settlement buffer.
The result is only a guide. Your actual costs will depend on the property, purchase price, state or territory, loan structure, lender, conveyancer and whether any grants, concessions or exemptions apply.
Estimate your upfront buying costs
This calculator is designed as a guide only. It does not calculate exact stamp duty, first home buyer concessions, grants, LMI, lender-specific fees or conveyancer adjustments. You should confirm final costs with your broker, lender and conveyancer before committing.
Estimated result
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Estimated deposit
$0
Estimated costs excluding deposit
$0
Estimated loan amount before any LMI or fees added
$0
Enter your details to estimate the funds required.
What this calculator can help you estimate
A buying costs calculator can help you estimate how much money may be needed to complete a property purchase.
Many buyers focus on the deposit, but there are usually other upfront costs to allow for.
These may include stamp duty, government fees, conveyancing, building and pest inspections, lender fees, insurance and a buffer for settlement adjustments or unexpected costs.
This calculator can help you estimate the deposit, total costs excluding the deposit, total funds required and the approximate loan amount before any LMI or fees are added.
It should be used as a guide only. A proper review should consider the property, location, loan amount, lender policy, grants, concessions and advice from your conveyancer.
Common costs when buying a property
The deposit is usually the largest upfront amount, but it is not the only cost to consider.
Depending on the property and loan structure, you may also need to allow for stamp duty, transfer fees, registration fees, conveyancing, lender application fees, valuation fees, building and pest inspections, insurance and moving costs.
There may also be settlement adjustments for items such as council rates, water rates or owners corporation fees.
Some buyers may be eligible for grants, concessions or exemptions, which can reduce the amount needed upfront.
Because these costs can vary, it is important to check the numbers early rather than assuming the deposit is the full amount required.
Why your actual costs may be different
Buying costs can vary depending on the property, location, purchase price, borrower type, lender and settlement details.
Stamp duty and government charges can change based on the state or territory, whether the property is owner-occupied or investment, whether you are a first home buyer and whether any concessions or exemptions apply.
Lender fees, valuation fees and legal costs can also differ between lenders and transactions.
Your conveyancer may also calculate settlement adjustments close to settlement, which can change the final amount needed.
This is why a buying costs calculator should be used as a planning tool, not as a final settlement figure.
When to speak with a broker or conveyancer
It is worth speaking with a broker early if you are unsure how much money you need to buy or how much you may be able to borrow.
A broker can help estimate the loan amount, deposit position, lender fees, loan structure and whether the purchase may fit lender policy.
A conveyancer can help confirm contract details, settlement adjustments, legal costs, transfer requirements and whether any special conditions should be reviewed before you sign.
This is especially important if you are buying your first home, using equity, buying an investment property, relying on a grant or concession, or working with a tight cash position.
The earlier you check the numbers, the less likely you are to be caught short later.
Want help checking the real cost of buying?
Use the calculator as a starting point.
Use the calculator as a starting point, then book a call or send us a message if you want help understanding your deposit, loan amount, estimated costs and whether the purchase may fit your lending position.
We can help you review the finance side, while your conveyancer confirms the contract and settlement details before you commit.