Help to Buy calculator

See the price you could buy at with the government's Help to Buy scheme, how it's funded, and what you'll pay at settlement.

About you

Who's buying?

Dependent children

Owned a home before?

Income

Your pay before tax

Other regular income (after tax)

Family Tax Benefit, child support. Enter it how it's paid, for example fortnightly.

Another payment (optional)

For example, a yearly supplement.

Spending and debts

Living expenses (monthly)

Groceries, bills, transport, childcare, insurance. Not rent. If this is lower than lenders' minimum for your household, we use their minimum.

Car and personal loans: balance owing

Car and personal loans: monthly repayment

Credit card limits (total)

Lenders count what you owe as if it were repaid over 5 years, even if your actual repayment is lower.

I have a HECS/HELP debt

Savings and the home

Your savings

Gifts from family

Deposit already paid

Money you've already paid the builder or agent. Don't include it in your savings above.

Type of home

An established home. The government can put in up to 30%.

State

Area

Adjust the assumptions

Interest rate for repayments (%)

Rate the lender tests at (%)

Lender test buffer (%)

Loan term (years)

Savings to keep aside

How to fund the gap

Savings first means a smaller government share, so you keep more of your home's future growth.

Lender fees

Conveyancing

Building and pest

Other costs

Include the First Home Owner Grant if eligible

You could look at homes up to

How the price is paid

$0Your home loan

$0Government share

$0Your deposit

$0Duty and fees on top

Estimated repayment
$0 a month

Estimated borrowing power
$0

What you pay at settlement

Help to Buy checks

Talk it through with Gwen

This is an estimate only and not an offer or approval of credit. It uses general assumptions about tax, living costs and lender tests, and your lender's assessment will differ. Housing Australia sets the final government share and maximum price in your conditional approval.

General information only. It doesn't take your objectives, financial situation or needs into account. Generated by Ferns Finance Brokers | fernsfinance.com.au