Free guide
Before you talk to a lender, know the repayment and the duty
Run the repayment and the stamp duty on numbers you choose. This is not a loan approval.
Step 1
Use a price you could actually offer
Not the top of the range you have been browsing. The price you would sign.
Step 2
Add stamp duty for your state
Duty is a cash cost on top of the deposit. Concessions depend on your state and whether you have owned before. Check the state revenue site for the figure you will rely on. The calculator is a first pass.
Step 3
Run the repayment at the rate you were quoted, and one percent higher
The higher one is the stress test you should do yourself. If that repayment does not fit in the payday split, the loan does not fit.
Step 4
Separate the deposit from the costs
Deposit, duty, and moving costs are three sums. A deposit that ignores duty is short on settlement day.
The tool that keeps this going
Why ROOPON
Home Loan Calculator and Stamp Duty Calculator are general information. They show a repayment and a duty estimate from what you type. They are not a lender's offer and they are not financial advice. The Home Loan Calculator is free to try.
The lowest cost plan that includes every tool on this page is Ultimate at $99.99/month. Memberships also include partner discount codes. You can pay monthly or yearly, and you can cancel anytime.
See the plansThis guide is general information only. It is not financial advice. A calculator result is not a quote from a bank, insurer, or retailer.
