Can I Afford This Property?
Estimate purchase costs, available deposit, loan amount, repayments and affordability for a property purchase in Australia.
Can I afford this property?
Estimate purchase costs, available deposit, loan amount, repayments and monthly affordability for a property purchase in Australia.
IMPORTANT DISCLAIMER
This calculator is provided for general information and operational support only. It does not constitute legal, tax, accounting, financial product, credit, lending, investment, superannuation or valuation advice.
This calculator does not constitute:
- Legal advice
- Tax advice
- Accounting advice
- Financial product advice
- Credit assistance
- Lending advice
- Investment advice
- Superannuation advice
- Valuation advice
Results are indicative only. Outputs depend entirely on information entered by users and the assumptions selected. Users must independently verify every calculation before relying upon it. Professional advice should be obtained where appropriate.
Property details
Cash available
Loan details
Income & expenses
Funding summary
- Property price
- $850,000
- Cash available
- $200,000
- Estimated upfront costs
- $35,273
- Available deposit
- $164,727
- Loan amount
- $690,001
- LVR
- 81.18%
- Estimated LMI
- $4,728
Repayment summary
- Monthly repayment
- $4,136.91
- Monthly equivalent
- $4,136.91
- Total interest (est.)
- $799,285
- Total repayments
- $1,489,286
Affordability summary
- Monthly income (after tax)
- $9,500.00
- Total monthly expenses
- $7,636.91
- Estimated monthly surplus
- $1,863.09
Estimate only. Not a lender serviceability assessment. May require broker or lender review.
- LVR is above 80% — Lenders Mortgage Insurance is likely to apply.
- Stamp duty, transfer and government fees are estimates only — confirm with the relevant State or Territory revenue office.
- LMI shown is an estimate only — confirm the actual premium with the lender or broker.
IMPORTANT DISCLAIMER
This calculator is provided for general information and operational support only. It does not constitute legal, tax, accounting, financial product, credit, lending, investment, superannuation or valuation advice.
This calculator does not constitute:
- Legal advice
- Tax advice
- Accounting advice
- Financial product advice
- Credit assistance
- Lending advice
- Investment advice
- Superannuation advice
- Valuation advice
Results are indicative only. Outputs depend entirely on information entered by users and the assumptions selected. Users must independently verify every calculation before relying upon it. Professional advice should be obtained where appropriate.