Deposit Calculator

How Much Do You Actually Need to Buy?

Most people believe they need to save 20% before they can buy. The reality is, there are pathways into the market with as little as 2%, and in some cases, no deposit at all.

From government guarantee schemes to family support options, the right deposit strategy depends on your situation. Use the calculator below to see what your real options look like, what the upfront costs are for your state, and which incentives you may be eligible for.

How Much Deposit Do I Actually Need?

See the real upfront cash required to buy in Australia – deposit, stamp duty, LMI, and everything in between.

⚠ What this calculator covers

This is a simple residential loan estimator – covering standard owner-occupier and investor home loans only. It does not account for commercial loans, lease-doc, low-doc, SMSF, construction finance, or other specialist products. Results are estimates only. There are also many factors a calculator cannot account for: some lenders waive LMI entirely for certain professions, guarantor structures can change the picture, and lender policies vary. A mortgage broker can give you a more accurate and complete picture based on your specific circumstances.

Your property

Property purchase price

$

Please enter a valid purchase price.

Savings / deposit available

$

Please enter a valid savings amount.

First home buyer?

Purpose

State / territory

Interest rate % p.a.

%

LMI estimate override optional

$

Stamp duty override optional - leave blank to auto-calculate

$

Buying in a company or trust?

Buying in a company or trust can be more complex and may carry additional tax considerations – for example, land tax thresholds differ from individual ownership, and companies cannot access the 50% CGT discount that individuals and trusts may be entitled to. Stamp duty surcharges may also apply in some states. Consider seeking professional legal and tax advice before proceeding.

Deposit readiness snapshot

Your savings

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Purchase price

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Your deposit %

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LVR (Loan-to-Value Ratio)

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Deposit readiness

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Your deposit options

Each option shows the estimated total cash required at settlement – deposit plus all upfront costs. The right option depends on your goals, savings, and eligibility. These are estimates – your broker will confirm exact figures.

Government schemes & incentives

A guide to what may be available based on your inputs. Eligibility conditions vary – always confirm with the relevant authority or a broker before relying on any of these.

What makes up your upfront costs?

Disclaimer and Important Information

This calculator provides general information only and does not constitute financial, legal, or tax advice. It is intended as a guide only and does not take into account your personal circumstances.

All figures are estimates based on the information entered and should not be relied upon as a forecast or guarantee of future outcomes. Actual results may vary due to changes in interest rates, market conditions, government policies, and individual factors.

Costs such as stamp duty, Lenders Mortgage Insurance (LMI), and government incentives are indicative only and may vary depending on your situation and relevant authorities.

Before making any financial decisions, you should seek advice from a qualified and licensed professional.

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