Property True Cost Calculator Australia

Buying a property is one of the biggest financial decisions you'll make in your life. While the property price is the main cost, there are many additional expenses that can significantly impact the total amount you'll need to pay. Our Property True Cost Calculator helps you understand the complete financial picture of your property purchase in Australia.

What Does This Calculator Do?

Our calculator provides a comprehensive breakdown of:

• Loan Details: Calculate your loan amount and monthly repayments based on your deposit and interest rate
• Upfront Costs:
  • Stamp duty
  • Transfer fees
  • Mortgage registration fees
  • Lenders Mortgage Insurance (LMI)
  • Conveyancing/legal fees
  • Building and pest inspection costs
• Total Cost Analysis:
  • Property purchase price
  • Total interest paid over the loan term
  • Total upfront costs
  • Total cash required at settlement

Why Use This Calculator?

1. Avoid Surprises: Many first-time buyers focus only on the deposit and property price, overlooking significant additional costs. This calculator helps you plan for ALL expenses.
2. Better Financial Planning: Understanding the true total cost helps you:
   • Set realistic savings goals
   • Determine if you can afford the property
   • Plan your budget effectively
   • Compare different property options
3. State-Specific Calculations: Our calculator adjusts fees and stamp duty based on your Australian state/territory and whether you're a first home buyer.
4. Make Informed Decisions: See how different deposit amounts, interest rates, and loan terms affect your total costs.

Important Note

While this calculator provides accurate estimates based on current rates and fees, we recommend using it as a guide and consulting with financial professionals before making any property purchase decisions. Property prices, interest rates, and government fees may change over time.

Try our calculator below to get a clear picture of your potential property purchase costs.