Run the numbers before you commit.

Your repayment

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Then principal & interest

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Total interest

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Total cost of the loan

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You may be able to borrow around

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Net monthly income

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Monthly expenses & commitments

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Monthly surplus

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Repayment at your rate

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Assessment rate used

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Income tax estimated on — resident rates. Every lender assesses income, expenses and commitments differently, so a real capacity figure can be meaningfully higher or lower. This is not a pre-approval.

Estimated total payable

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Stamp duty including any concessions

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Foreign purchaser surcharge

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Transfer fee (land titles office)

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Total

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Rates for — as at —. Duty rates and concessions change often. Grants such as the First Home Owner Grant are cash payments, not duty reductions, and are not included. The transfer fee is a separate lodgement fee charged by each state’s land titles office (not the revenue office) to register the transfer — unrelated to stamp duty itself. Confirm any figure with the relevant state revenue office, land titles office or your conveyancer before you rely on it.

Interest you would save

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Loan paid off

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New loan life

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Total repayment each period

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Interest without extra repayments

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Assumes the rate and the extra repayment both stay unchanged for the life of the loan. Fixed-rate loans usually cap extra repayments — check your product before relying on this.

Interest you would save

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Loan paid off

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New loan life

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Interest saved in month one

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Interest with no offset

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Assumes a full 100% offset against a variable principal-and-interest loan, and that the balance stays in the account. Offset accounts sometimes carry a higher rate or an annual package fee — worth weighing up.